Camping World Holdings, Inc. (NYSE:CWH) Short Interest Update

Camping World Holdings, Inc. (NYSE:CWH) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 6,640,000 shares, a growth of 19.6% from the December 15th total of 5,550,000 shares. Based on an average daily volume of 1,510,000 shares, the short-interest ratio is presently 4.4 days.

Institutional Investors Weigh In On Camping World

Large investors have recently made changes to their positions in the business. Eminence Capital LP lifted its stake in shares of Camping World by 79.8% during the second quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock worth $77,589,000 after purchasing an additional 1,927,977 shares in the last quarter. Geode Capital Management LLC lifted its position in Camping World by 4.5% during the 3rd quarter. Geode Capital Management LLC now owns 978,330 shares of the company’s stock worth $23,701,000 after acquiring an additional 41,705 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Camping World by 20.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock worth $12,834,000 after acquiring an additional 121,022 shares during the period. Charles Schwab Investment Management Inc. grew its position in Camping World by 11.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company’s stock valued at $15,798,000 after acquiring an additional 65,798 shares in the last quarter. Finally, Citigroup Inc. raised its stake in shares of Camping World by 22.6% during the third quarter. Citigroup Inc. now owns 360,258 shares of the company’s stock valued at $8,725,000 after purchasing an additional 66,355 shares during the period. Institutional investors and hedge funds own 52.54% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on CWH shares. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $24.00 price objective (down previously from $25.00) on shares of Camping World in a research report on Monday, October 21st. Monness Crespi & Hardt boosted their price target on Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a report on Friday, September 27th. StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Raymond James upgraded Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price for the company in a research note on Wednesday, October 30th. Finally, Truist Financial decreased their price target on Camping World from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday, January 7th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Camping World currently has an average rating of “Moderate Buy” and a consensus price target of $27.75.

Camping World Trading Down 1.2 %

Shares of NYSE CWH traded down $0.28 during midday trading on Friday, hitting $22.90. The stock had a trading volume of 745,076 shares, compared to its average volume of 1,070,124. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. Camping World has a 1-year low of $17.29 and a 1-year high of $28.72. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of -33.19, a PEG ratio of 0.97 and a beta of 2.49. The company has a fifty day moving average price of $22.74 and a 200 day moving average price of $22.18.

Camping World Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.50 annualized dividend and a yield of 2.18%. Camping World’s dividend payout ratio is currently -72.46%.

Camping World Company Profile

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.