Numeric Investors LLC Takes $3.47 Million Position in Camping World Holdings Inc. (CWH)
Numeric Investors LLC purchased a new stake in Camping World Holdings Inc. (NYSE:CWH) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 112,400 shares of the company’s stock, valued at approximately $3,468,000. Numeric Investors LLC owned about 0.49% of Camping World Holdings at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of CWH. Citadel Advisors LLC lifted its holdings in Camping World Holdings by 347.5% in the 2nd quarter. Citadel Advisors LLC now owns 965,923 shares of the company’s stock valued at $29,799,000 after acquiring an additional 750,059 shares during the last quarter. Eagle Asset Management Inc. lifted its holdings in Camping World Holdings by 190.6% in the 2nd quarter. Eagle Asset Management Inc. now owns 1,098,018 shares of the company’s stock valued at $33,873,000 after acquiring an additional 720,235 shares during the last quarter. Marshall Wace North America L.P. acquired a new stake in Camping World Holdings in the 2nd quarter valued at about $17,892,000. Voya Investment Management LLC lifted its holdings in Camping World Holdings by 73.9% in the 2nd quarter. Voya Investment Management LLC now owns 1,104,837 shares of the company’s stock valued at $34,084,000 after acquiring an additional 469,558 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Camping World Holdings by 72.6% in the 2nd quarter. Vanguard Group Inc. now owns 853,107 shares of the company’s stock valued at $26,319,000 after acquiring an additional 358,886 shares during the last quarter. 31.40% of the stock is owned by institutional investors.
In other Camping World Holdings news, insider Brent L. Moody sold 5,553 shares of the firm’s stock in a transaction dated Wednesday, July 12th. The stock was sold at an average price of $30.12, for a total transaction of $167,256.36. Following the transaction, the insider now owns 65,553 shares in the company, valued at $1,974,456.36. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Brent L. Moody sold 35,254 shares of the firm’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $40.46, for a total value of $1,426,376.84. Following the transaction, the insider now owns 83,124 shares in the company, valued at approximately $3,363,197.04. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 865,221 shares of company stock worth $31,381,752. Company insiders own 66.60% of the company’s stock.
CWH has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Camping World Holdings from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a report on Tuesday, August 15th. Forward View raised shares of Camping World Holdings from a “hold” rating to a “buy” rating in a report on Monday, August 14th. Bank of America Corporation reissued a “buy” rating on shares of Camping World Holdings in a report on Monday, June 12th. Goldman Sachs Group, Inc. (The) raised shares of Camping World Holdings from a “neutral” rating to a “buy” rating and upped their price target for the company from $30.00 to $34.00 in a report on Friday, June 9th. Finally, Credit Suisse Group set a $40.00 price target on shares of Camping World Holdings and gave the company a “buy” rating in a report on Friday, August 11th. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. Camping World Holdings has an average rating of “Buy” and an average target price of $37.21.
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Shares of Camping World Holdings Inc. (NYSE:CWH) opened at 39.59 on Thursday. Camping World Holdings Inc. has a 12-month low of $20.45 and a 12-month high of $41.27. The firm’s 50-day moving average price is $38.97 and its 200 day moving average price is $38.97. The firm’s market cap is $1.16 billion.
Camping World Holdings (NYSE:CWH) last posted its quarterly earnings results on Thursday, August 10th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.15. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Camping World Holdings had a negative return on equity of 319.74% and a net margin of 2.51%. The firm’s quarterly revenue was up 20.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.65 earnings per share. On average, equities analysts expect that Camping World Holdings Inc. will post $2.12 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date was Thursday, September 14th. Camping World Holdings’s dividend payout ratio (DPR) is currently 14.29%.
About Camping World Holdings
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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