Telos Capital Management Inc. Purchases 4,000 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Telos Capital Management Inc. lifted its position in Camping World Holdings, Inc. (NYSE:CWH) by 36.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 15,000 shares of the company’s stock after buying an additional 4,000 shares during the period. Telos Capital Management Inc.’s holdings in Camping World were worth $316,000 as of its most recent SEC filing.

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

Camping World Stock Performance

Shares of CWH opened at $22.62 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. The stock has a 50-day moving average of $22.46 and a two-hundred day moving average of $22.43. The stock has a market cap of $1.92 billion, a P/E ratio of -32.78, a P/E/G ratio of 1.03 and a beta of 2.49. Camping World Holdings, Inc. has a one year low of $17.29 and a one year high of $28.72.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were given a $0.125 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.21%. Camping World’s dividend payout ratio is currently -72.46%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CWH. JPMorgan Chase & Co. reaffirmed 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. Truist Financial reduced their price target on Camping World from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Tuesday, January 7th. KeyCorp raised their price objective on Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Raymond James raised Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 target price on the stock in a research report on Wednesday, October 30th. Finally, Roth Mkm reissued a “buy” rating and issued a $28.00 price target (up previously from $26.00) on shares of Camping World in a report on Wednesday, October 30th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Camping World has an average rating of “Moderate Buy” and a consensus price target of $27.43.

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.