Quantbot Technologies LP Purchases 20,200 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Quantbot Technologies LP increased its position in shares of Camping World Holdings, Inc. (NYSE:CWH) by 87.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,411 shares of the company’s stock after purchasing an additional 20,200 shares during the period. Quantbot Technologies LP owned 0.05% of Camping World worth $1,051,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Truvestments Capital LLC bought a new stake in Camping World during the third quarter valued at about $165,000. Citigroup Inc. grew its position in shares of Camping World by 22.6% during the third quarter. Citigroup Inc. now owns 360,258 shares of the company’s stock worth $8,725,000 after purchasing an additional 66,355 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Camping World by 11.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company’s stock valued at $15,798,000 after purchasing an additional 65,798 shares during the period. Intech Investment Management LLC bought a new position in Camping World in the 3rd quarter worth approximately $261,000. Finally, Quest Partners LLC boosted its stake in Camping World by 5,647.8% in the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after purchasing an additional 1,299 shares during the period. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Insider Buying and Selling

In related news, CEO Marcus Lemonis sold 125,000 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $22.84, for a total value of $2,855,000.00. Following the sale, the chief executive officer now directly owns 155,268 shares of the company’s stock, valued at $3,546,321.12. This represents a 44.60 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 43.80% of the stock is owned by corporate insiders.

Camping World Trading Down 0.4 %

Shares of NYSE CWH opened at $24.44 on Friday. Camping World Holdings, Inc. has a 1-year low of $17.29 and a 1-year high of $28.72. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. The business’s 50 day moving average is $23.16 and its two-hundred day moving average is $21.43. The stock has a market capitalization of $2.08 billion, a P/E ratio of -35.42 and a beta of 2.49.

Camping World Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.50 annualized dividend and a yield of 2.05%. Camping World’s payout ratio is presently -72.46%.

Analyst Ratings Changes

Several research firms have recently commented on CWH. KeyCorp boosted their target price on shares of Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Monness Crespi & Hardt boosted their price target on shares of Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. JPMorgan Chase & Co. restated a “neutral” rating and set a $24.00 price objective (down previously from $25.00) on shares of Camping World in a research report on Monday, October 21st. Truist Financial boosted their target price on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, September 20th. Finally, Roth Mkm restated a “buy” rating and set a $28.00 price target (up previously from $26.00) on shares of Camping World in a report on Wednesday, October 30th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.75.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.