Capital Research Global Investors Grows Holdings in Camping World Holdings, Inc. (NYSE:CWH)

Capital Research Global Investors lifted its position in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 39.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 3,422,710 shares of the company's stock after acquiring an additional 975,168 shares during the quarter. Capital Research Global Investors owned approximately 4.03% of Camping World worth $72,151,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Camelot Portfolios LLC boosted its holdings in Camping World by 3.7% in the 4th quarter. Camelot Portfolios LLC now owns 14,100 shares of the company's stock valued at $297,000 after purchasing an additional 500 shares during the period. Blue Trust Inc. raised 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. Summit Investment Advisors Inc. raised its holdings in shares of Camping World by 33.4% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock valued at $117,000 after buying an additional 1,390 shares in the last quarter. XTX Topco Ltd lifted its holdings in shares of Camping World by 17.8% in the 4th quarter. XTX Topco Ltd now owns 16,373 shares of the company's stock worth $345,000 after acquiring an additional 2,470 shares during the last quarter. Finally, Telos Capital Management Inc. grew its holdings in shares of Camping World by 36.4% during the 4th quarter. Telos Capital Management Inc. now owns 15,000 shares of the company's stock valued at $316,000 after purchasing an additional 4,000 shares during the last quarter. Hedge funds and other institutional investors own 52.54% of the company's stock.

Camping World Price Performance

NYSE CWH traded up $0.41 during trading hours on Friday, hitting $13.86. 2,278,569 shares of the company's stock traded hands, compared to its average volume of 1,351,154. Camping World Holdings, Inc. has a 52-week low of $11.17 and a 52-week high of $25.97. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. The company has a market capitalization of $1.41 billion, a PE ratio of -20.09, a PEG ratio of 0.92 and a beta of 2.32. The firm's 50-day moving average is $16.20 and its 200-day moving average is $20.44.

Camping World (NYSE:CWH - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported ($0.55) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.55). The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. Equities analysts forecast that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.61%. The ex-dividend date was Friday, March 14th. Camping World's payout ratio is currently -65.79%.

Insider Activity at Camping World

In related news, President Matthew D. Wagner acquired 5,725 shares of Camping World stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the purchase, the president now directly owns 300,640 shares of the company's stock, valued at approximately $5,294,270.40. This trade represents a 1.94 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 35.60% of the stock is owned by insiders.

Analyst Ratings Changes

CWH has been the topic of a number of recent analyst reports. KeyCorp cut their price objective on Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Robert W. Baird restated a "neutral" rating and issued a $18.00 price target (down from $28.00) on shares of Camping World in a research note on Friday, April 4th. Baird R W cut shares of Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Finally, Truist Financial decreased their price objective on Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.63.

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.