Fox Run Management L.L.C. Buys Shares of 75,457 Camping World Holdings, Inc. (NYSE:CWH)

Fox Run Management L.L.C. purchased a new stake in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 75,457 shares of the company's stock, valued at approximately $1,591,000. Fox Run Management L.L.C. owned 0.09% of Camping World at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its stake in Camping World by 611.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 292,888 shares of the company's stock valued at $7,094,000 after purchasing an additional 251,748 shares during the period. Geode Capital Management LLC boosted its position in shares of Camping World by 4.5% in the third quarter. Geode Capital Management LLC now owns 978,330 shares of the company's stock valued at $23,701,000 after acquiring an additional 41,705 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Camping World by 11.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company's stock worth $15,798,000 after acquiring an additional 65,798 shares during the last quarter. Barclays PLC increased its position in Camping World by 96.9% during the third quarter. Barclays PLC now owns 317,052 shares of the company's stock worth $7,678,000 after acquiring an additional 156,055 shares during the period. Finally, Wellington Management Group LLP bought a new stake in Camping World in the 3rd quarter valued at $2,578,000. 52.54% of the stock is owned by institutional investors and hedge funds.

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Insiders Place Their Bets

In other news, President Matthew D. Wagner purchased 5,725 shares of the business's stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average price of $17.61 per share, with a total value 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 $5,294,270.40. The trade was a 1.94 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 43.80% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CWH shares. Bank of America initiated coverage on shares of Camping World in a research report on Thursday, December 19th. They set a "buy" rating and a $30.00 price objective for the company. Truist Financial upped their price target on Camping World from $26.00 to $28.00 and gave the company a "buy" rating in a report on Monday, February 10th. Finally, KeyCorp decreased their price objective on Camping World from $27.00 to $22.00 and set an "overweight" rating on the stock in a report on Thursday, March 20th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $27.00.

Camping World Price Performance

Camping World stock traded up $0.10 during mid-day trading on Wednesday, hitting $17.66. 1,155,818 shares of the company were exchanged, compared to its average volume of 1,189,590. The company has a market capitalization of $1.80 billion, a PE ratio of -25.59, a price-to-earnings-growth ratio of 0.92 and a beta of 2.57. The business has a fifty day moving average of $20.63 and a 200 day moving average of $22.04. Camping World Holdings, Inc. has a 1-year low of $15.39 and a 1-year high of $28.33. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67.

Camping World (NYSE:CWH - Get Free Report) last announced its earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.55). The business had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.13 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. As a group, sell-side analysts expect that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.

Camping World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be given a $0.125 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.50 annualized dividend and a yield of 2.83%. Camping World's payout ratio is -65.79%.

About Camping World

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.