Econ Financial Services Corp Purchases New Position in Camping World Holdings, Inc. (NYSE:CWH)

Econ Financial Services Corp acquired a new position in shares of Camping World Holdings, Inc. (NYSE:CWH) during the 4th quarter, Holdings Channel reports. The fund acquired 50,778 shares of the company’s stock, valued at approximately $1,070,000.

Several other large investors also recently added to or reduced their stakes in the stock. Quest Partners LLC increased its position in shares of Camping World by 5,647.8% during the 3rd quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock valued at $32,000 after purchasing an additional 1,299 shares during the last quarter. Blue Trust Inc. boosted its stake in Camping World by 195.0% during the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock worth $32,000 after buying an additional 1,014 shares during the period. Truvestments Capital LLC bought a new position in Camping World during the third quarter valued at $165,000. nVerses Capital LLC purchased a new stake in shares of Camping World in the third quarter valued at $191,000. Finally, Blueshift Asset Management LLC bought a new stake in shares of Camping World in the 3rd quarter worth about $214,000. 52.54% of the stock is owned by institutional investors.

Camping World Stock Performance

CWH opened at $23.11 on Wednesday. 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 Holdings, Inc. has a 12-month low of $17.29 and a 12-month high of $28.72. The business’s fifty day simple moving average is $22.53 and its 200-day simple moving average is $22.42.

Camping World Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.16%. The ex-dividend date was Friday, December 13th. Camping World’s payout ratio is -72.46%.

Analysts Set New Price Targets

CWH has been the topic of several analyst reports. Bank of America began coverage on shares of Camping World in a research report on Thursday, December 19th. They issued a “buy” rating and a $30.00 price objective on the stock. StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. KeyCorp boosted 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 reiterated a “buy” rating and issued a $28.00 target price (up previously from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. Finally, Raymond James raised shares of 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. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.43.

Camping World 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.