Ghisallo Capital Management LLC purchased a new position in Camping World Holdings, Inc. (NYSE:CWH - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 375,000 shares of the company's stock, valued at approximately $7,905,000. Ghisallo Capital Management LLC owned 0.44% of Camping World as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. lifted its stake in shares of Camping World by 195.0% during the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after acquiring an additional 1,014 shares during the last quarter. Summit Investment Advisors Inc. lifted its stake 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 worth $117,000 after acquiring an additional 1,390 shares during the last quarter. AlphaQuest LLC increased its holdings in Camping World by 494.9% during the 4th quarter. AlphaQuest LLC now owns 7,865 shares of the company's stock worth $166,000 after purchasing an additional 6,543 shares during the period. World Investment Advisors LLC purchased a new position in Camping World during the 3rd quarter worth $258,000. Finally, KLP Kapitalforvaltning AS purchased a new position in Camping World during the 4th quarter worth $226,000. 52.54% of the stock is owned by institutional investors.
Insider Buying and Selling
In other news, President Matthew D. Wagner purchased 5,725 shares of the stock in a transaction on Tuesday, March 4th. The stock was bought at an average price of $17.61 per share, with a total value of $100,817.25. Following the transaction, the president now owns 300,640 shares in the company, valued at $5,294,270.40. The trade was a 1.94 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 35.60% of the stock is owned by company insiders.
Camping World Stock Up 2.7 %
Shares of NYSE:CWH traded up $0.38 on Tuesday, reaching $14.14. The company had a trading volume of 2,815,930 shares, compared to its average volume of 1,360,481. Camping World Holdings, Inc. has a 52-week low of $11.17 and a 52-week high of $25.97. The firm's 50 day simple moving average is $15.87 and its 200-day simple moving average is $20.28. The firm has a market capitalization of $1.44 billion, a PE ratio of -20.49, a PEG ratio of 0.92 and a beta of 2.32. The company has a current ratio of 1.23, a quick ratio of 0.19 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 for the quarter, hitting the consensus estimate of ($0.55). Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.13 billion. As a group, analysts expect that Camping World Holdings, Inc. will post -0.66 earnings per share for the current fiscal year.
Camping World Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 14th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.50 annualized dividend and a yield of 3.54%. Camping World's dividend payout ratio (DPR) is -65.79%.
Analysts Set New Price Targets
CWH has been the topic of several research reports. Robert W. Baird restated a "neutral" rating and set a $18.00 price objective (down from $28.00) on shares of Camping World in a report on Friday, April 4th. Truist Financial reduced their price objective on Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Baird R W downgraded Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Finally, KeyCorp reduced their price objective on Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $23.63.
Get Our Latest Report on CWH
Camping World Company Profile
(
Free Report)
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.
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