Shares of Camping World Holdings Inc (NYSE:CWH) were down 5.5% during mid-day trading on Friday . The company traded as low as $13.25 and last traded at $13.26. Approximately 611,616 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 976,902 shares. The stock had previously closed at $14.03.

A number of analysts recently issued reports on CWH shares. Citigroup started coverage on Camping World in a report on Friday, December 14th. They issued a “buy” rating for the company. Monness Crespi & Hardt reiterated a “buy” rating and issued a $19.00 price target (down previously from $24.00) on shares of Camping World in a report on Monday, March 4th. Zacks Investment Research upgraded Camping World from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 25th. Wells Fargo & Co downgraded shares of Camping World from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $33.00 to $13.50 in a research note on Friday, March 8th. Finally, Credit Suisse Group reduced their price objective on shares of Camping World from $18.50 to $17.00 and set a “neutral” rating for the company in a research note on Friday, March 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $25.85.

The company has a market capitalization of $1.23 billion, a P/E ratio of 11.84, a P/E/G ratio of 0.84 and a beta of 2.69. The company has a debt-to-equity ratio of 36.20, a quick ratio of 0.28 and a current ratio of 1.45.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Thursday, March 14th. Camping World’s payout ratio is presently 28.57%.

In other Camping World news, CEO Marcus Lemonis purchased 99,094 shares of Camping World stock in a transaction dated Friday, March 15th. The shares were acquired at an average cost of $13.27 per share, with a total value of $1,314,977.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Abrams Capital Management, L.P purchased 29,904 shares of Camping World stock in a transaction dated Friday, March 8th. The shares were acquired at an average cost of $11.94 per share, for a total transaction of $357,053.76. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 185,648 shares of company stock worth $2,406,215. Insiders own 49.20% of the company’s stock.

Several hedge funds have recently modified their holdings of the company. American Century Companies Inc. increased its position in shares of Camping World by 5.2% during the fourth quarter. American Century Companies Inc. now owns 1,602,147 shares of the company’s stock worth $18,377,000 after purchasing an additional 78,559 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Camping World by 8.1% during the fourth quarter. Geode Capital Management LLC now owns 328,511 shares of the company’s stock worth $3,768,000 after purchasing an additional 24,674 shares in the last quarter. Norges Bank acquired a new position in shares of Camping World during the fourth quarter worth $189,000. Princeton Global Asset Management LLC acquired a new position in shares of Camping World in the 4th quarter valued at $152,000. Finally, Legal & General Group Plc increased its position in shares of Camping World by 6.4% in the 4th quarter. Legal & General Group Plc now owns 12,426 shares of the company’s stock valued at $143,000 after acquiring an additional 745 shares during the period. 41.72% of the stock is currently owned by institutional investors and hedge funds.

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Camping World Company Profile (NYSE:CWH)

Camping World Holdings, Inc, through its subsidiaries, provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts. The company operates through Consumer Services and Plans, and Retail segments. It provides emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co-branded credit cards; vehicle financing and refinancing; club memberships; and publications and directories.

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