Voya Investment Management LLC Has $14.39 Million Stock Position in Camping World $CWH

by · The Markets Daily

Voya Investment Management LLC increased its stake in shares of Camping World (NYSE:CWH – Free Report) by 34.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 911,553 shares of the company’s stock after acquiring an additional 231,834 shares during the period. Voya Investment Management LLC’s holdings in Camping World were worth $14,393,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of CWH. Hudson Bay Capital Management LP raised its stake in shares of Camping World by 26.3% during the 2nd quarter. Hudson Bay Capital Management LP now owns 80,010 shares of the company’s stock worth $1,375,000 after purchasing an additional 16,678 shares in the last quarter. Nomura Holdings Inc. bought a new stake in Camping World during the second quarter worth $1,179,000. Caxton Associates LLP bought a new position in shares of Camping World in the 2nd quarter valued at about $176,000. CANADA LIFE ASSURANCE Co increased its stake in shares of Camping World by 117.1% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 8,877 shares of the company’s stock worth $153,000 after purchasing an additional 4,789 shares during the last quarter. Finally, Man Group plc raised its holdings in shares of Camping World by 23.8% in the 2nd quarter. Man Group plc now owns 140,165 shares of the company’s stock valued at $2,409,000 after purchasing an additional 26,974 shares during the period. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Stock Performance

NYSE:CWH opened at $9.95 on Tuesday. The company has a market cap of $1.02 billion, a price-to-earnings ratio of -10.69 and a beta of 1.95. Camping World has a fifty-two week low of $9.49 and a fifty-two week high of $24.36. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.27 and a current ratio of 1.26. The stock has a fifty day moving average price of $12.11 and a 200-day moving average price of $15.39.

Camping World (NYSE:CWH – Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.10. Camping World had a positive return on equity of 3.80% and a negative net margin of 0.85%.The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the previous year, the firm earned $0.17 earnings per share. Camping World’s revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, equities analysts anticipate that Camping World will post -0.66 EPS for the current fiscal year.

Camping World Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Monday, December 15th will be paid a dividend of $0.125 per share. The ex-dividend date is Monday, December 15th. This represents a $0.50 annualized dividend and a yield of 5.0%. Camping World’s dividend payout ratio is presently -53.76%.

Analysts Set New Price Targets

CWH has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of Camping World in a research report on Monday, December 15th. Citigroup decreased their target price on Camping World from $22.00 to $18.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Zacks Research raised Camping World from a “strong sell” rating to a “hold” rating in a report on Friday, September 5th. BMO Capital Markets reaffirmed an “outperform” rating and set a $22.00 price objective on shares of Camping World in a research report on Thursday, October 30th. Finally, Loop Capital began coverage on shares of Camping World in a research report on Friday, October 31st. They issued a “buy” rating and a $17.00 price objective on the stock. Eight investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $17.67.

Read Our Latest Stock Report on CWH

Camping World Company Profile

(Free Report)

Camping World Holdings, Inc (NYSE: CWH) is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.

Beyond RV sales and service, Camping World’s offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.

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