249,900 Shares in Camping World Holdings, Inc. (NYSE:CWH) Acquired by Soros Fund Management LLC

Soros Fund Management LLC acquired a new stake in Camping World Holdings, Inc. (NYSE:CWH) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 249,900 shares of the company’s stock, valued at approximately $6,053,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Quest Partners LLC boosted its position in Camping World by 5,647.8% during the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after acquiring an additional 1,299 shares during the last quarter. Point72 DIFC Ltd purchased a new stake in shares of Camping World in the second quarter valued at approximately $50,000. Truvestments Capital LLC acquired a new stake in shares of Camping World in the third quarter valued at approximately $165,000. nVerses Capital LLC purchased a new position in Camping World during the third quarter worth approximately $191,000. Finally, Telos Capital Management Inc. acquired a new position in Camping World during the second quarter worth $196,000. Institutional investors and hedge funds own 52.54% of the company’s stock.

Wall Street Analyst Weigh In

CWH has been the topic of several analyst reports. Monness Crespi & Hardt lifted their price target on Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Truist Financial raised their price target on shares of Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, September 20th. KeyCorp upped their price objective on Camping World from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Roth Mkm reissued a “buy” rating and set a $28.00 target price (up previously from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $24.00 price target (down previously from $25.00) on shares of Camping World in a research note on Monday, October 21st. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $27.75.

Insider Buying and Selling at Camping World

In other news, CEO Marcus Lemonis sold 125,000 shares of Camping World stock in a transaction on Friday, September 13th. The shares were sold at an average price of $22.84, for a total transaction of $2,855,000.00. Following the completion of the sale, the chief executive officer now directly owns 155,268 shares of the company’s stock, valued at approximately $3,546,321.12. The trade was a 44.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 43.80% of the stock is owned by corporate insiders.

Camping World Trading Up 0.6 %

Shares of CWH stock opened at $23.98 on Friday. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. Camping World Holdings, Inc. has a fifty-two week low of $17.29 and a fifty-two week high of $28.72. The stock has a market capitalization of $2.04 billion, a P/E ratio of -34.75 and a beta of 2.49. The company has a 50 day moving average price of $23.11 and a 200 day moving average price of $21.51.

Camping World Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders 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 2.09%. Camping World’s dividend payout ratio (DPR) is -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.