Ameriprise Financial Inc. Has $10.98 Million Position in Camping World Holdings Inc (CWH)
Ameriprise Financial Inc. lifted its stake in shares of Camping World Holdings Inc (NYSE:CWH) by 0.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 269,493 shares of the company’s stock after purchasing an additional 2,362 shares during the quarter. Ameriprise Financial Inc. owned 0.31% of Camping World worth $10,980,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the stock. Quantbot Technologies LP bought a new position in Camping World in the 3rd quarter worth about $320,000. Bank of New York Mellon Corp increased its stake in Camping World by 99.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 112,327 shares of the company’s stock worth $4,575,000 after acquiring an additional 55,916 shares during the last quarter. Rhumbline Advisers increased its stake in Camping World by 75.4% in the 3rd quarter. Rhumbline Advisers now owns 25,326 shares of the company’s stock worth $1,032,000 after acquiring an additional 10,883 shares during the last quarter. Gilder Gagnon Howe & Co. LLC bought a new position in Camping World in the 3rd quarter worth about $2,991,000. Finally, Scott & Selber Inc. bought a new position in Camping World in the 3rd quarter worth about $1,404,000. Institutional investors own 33.98% of the company’s stock.
A number of brokerages have weighed in on CWH. ValuEngine lowered Camping World from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Wells Fargo & Company restated an “outperform” rating and issued a $48.00 target price (up from $37.00) on shares of Camping World in a research note on Tuesday, November 7th. They noted that the move was a valuation call. Credit Suisse Group restated an “outperform” rating and issued a $45.00 target price (up from $43.00) on shares of Camping World in a research note on Tuesday, October 31st. Bank of America upped their target price on Camping World from $42.00 to $48.00 and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Finally, Monness Crespi & Hardt restated a “buy” rating and issued a $47.00 target price (up from $40.00) on shares of Camping World in a research note on Tuesday, October 24th. Thirteen equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $44.11.
Camping World Holdings Inc (NYSE:CWH) opened at $46.27 on Wednesday. The company has a current ratio of 1.29, a quick ratio of 0.29 and a debt-to-equity ratio of 2.74. The company has a market capitalization of $4,036.17, a PE ratio of 21.69, a PEG ratio of 1.22 and a beta of 3.90. Camping World Holdings Inc has a 1 year low of $26.30 and a 1 year high of $47.62.
Camping World (NYSE:CWH) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.66 by $0.11. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.20 billion. Camping World had a return on equity of 116.85% and a net margin of 1.20%. The company’s revenue was up 25.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.53 EPS. sell-side analysts anticipate that Camping World Holdings Inc will post 2.29 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a dividend of $0.08 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.32 annualized dividend and a dividend yield of 0.69%. Camping World’s dividend payout ratio (DPR) is presently 16.16%.
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Camping World Company Profile
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.
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