56,187 Shares in Camping World Holdings Inc (CWH) Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio bought a new stake in Camping World Holdings Inc (NYSE:CWH) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 56,187 shares of the company’s stock, valued at approximately $1,404,000. Public Employees Retirement System of Ohio owned about 0.06% of Camping World at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted its position in Camping World by 30.3% in the second quarter. Envestnet Asset Management Inc. now owns 11,033 shares of the company’s stock valued at $276,000 after buying an additional 2,566 shares during the last quarter. US Bancorp DE lifted its position in Camping World by 13.6% in the second quarter. US Bancorp DE now owns 24,678 shares of the company’s stock valued at $616,000 after buying an additional 2,956 shares during the last quarter. GSA Capital Partners LLP lifted its position in Camping World by 13.1% in the second quarter. GSA Capital Partners LLP now owns 28,060 shares of the company’s stock valued at $701,000 after buying an additional 3,245 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in Camping World by 2.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 159,432 shares of the company’s stock valued at $3,983,000 after buying an additional 3,599 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Camping World by 2.4% in the second quarter. Bank of New York Mellon Corp now owns 184,431 shares of the company’s stock valued at $4,608,000 after buying an additional 4,392 shares during the last quarter. 54.85% of the stock is currently owned by institutional investors.

Shares of CWH opened at $21.34 on Friday. The stock has a market cap of $1.87 billion, a PE ratio of 9.32, a price-to-earnings-growth ratio of 0.80 and a beta of 1.49. Camping World Holdings Inc has a 1 year low of $18.16 and a 1 year high of $47.62. The company has a debt-to-equity ratio of 9.93, a quick ratio of 0.35 and a current ratio of 1.43.

Camping World (NYSE:CWH) last issued its quarterly earnings results on Tuesday, August 7th. The company reported $0.96 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by ($0.10). Camping World had a positive return on equity of 211.54% and a negative net margin of 0.30%. The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.48 billion. As a group, analysts predict that Camping World Holdings Inc will post 2.29 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 28th. Investors of record on Friday, September 14th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, September 13th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.50%. Camping World’s payout ratio is 13.97%.

In other news, CEO Marcus Lemonis bought 25,000 shares of the business’s stock in a transaction that occurred on Friday, September 14th. The shares were purchased at an average cost of $19.74 per share, for a total transaction of $493,500.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 49.20% of the stock is currently owned by corporate insiders.

Several analysts have recently issued reports on the stock. Northcoast Research set a $28.00 price target on shares of Camping World and gave the stock a “buy” rating in a research report on Wednesday, August 8th. Zacks Investment Research cut shares of Camping World from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 10th. ValuEngine cut shares of Camping World from a “hold” rating to a “sell” rating in a research report on Monday, July 16th. JPMorgan Chase & Co. reduced their price target on shares of Camping World from $42.00 to $36.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 15th. Finally, BMO Capital Markets reduced their price target on shares of Camping World from $42.00 to $36.00 and set a “positive” rating on the stock in a research report on Tuesday, August 21st. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $39.58.

About Camping World

Camping World Holdings, Inc, through its subsidiaries, provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts. The company operates through Consumer Services and Plans, and Retail segments. It provides 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.

Featured Story: Understanding Average Daily Trade Volume

Institutional Ownership by Quarter for Camping World (NYSE:CWH)

Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply