Truvestments Capital LLC Makes New $165,000 Investment in Camping World Holdings, Inc. (NYSE:CWH)

Truvestments Capital LLC acquired a new stake in shares of Camping World Holdings, Inc. (NYSE:CWH) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 6,831 shares of the company’s stock, valued at approximately $165,000.

Other large investors also recently modified their holdings of the company. Quest Partners LLC raised its holdings in Camping World by 5,647.8% during the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after acquiring an additional 1,299 shares during the period. Point72 DIFC Ltd bought a new stake in Camping World during the 2nd quarter valued at approximately $50,000. Russell Investments Group Ltd. lifted its holdings in Camping World by 6,495.0% in the 1st quarter. Russell Investments Group Ltd. now owns 3,957 shares of the company’s stock worth $110,000 after purchasing an additional 3,897 shares in the last quarter. nVerses Capital LLC bought a new position in Camping World in the 3rd quarter worth approximately $191,000. Finally, Telos Capital Management Inc. bought a new position in Camping World in the 2nd quarter worth approximately $196,000. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Analysts Set New Price Targets

CWH has been the topic of several research analyst reports. 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. StockNews.com raised shares of Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $24.00 target price (down from $25.00) on shares of Camping World in a report on Monday, October 21st. Roth Mkm reissued a “buy” rating and set a $28.00 price target (up from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. Finally, Raymond James raised Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price objective on the stock in a research note 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. Based on data from MarketBeat.com, Camping World presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.75.

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 1.7 %

Shares of CWH stock opened at $24.71 on Wednesday. The company has a market cap of $2.10 billion, a PE ratio of -35.81 and a beta of 2.49. Camping World Holdings, Inc. has a 1 year low of $17.29 and a 1 year high of $28.72. The stock’s 50 day simple moving average is $23.15 and its two-hundred day simple moving average is $21.36. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19.

Camping World Announces Dividend

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 2.02%. Camping World’s payout ratio is presently -72.46%.

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.