Camping World Holdings, Inc. (NYSE:CWH) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its position in Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 66.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 97,230 shares of the company's stock after selling 195,658 shares during the period. JPMorgan Chase & Co. owned about 0.11% of Camping World worth $2,050,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. increased its position in shares of Camping World by 195.0% in the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock valued at $32,000 after buying an additional 1,014 shares in the last quarter. AlphaQuest LLC increased its holdings in Camping World by 494.9% in the 4th quarter. AlphaQuest LLC now owns 7,865 shares of the company's stock worth $166,000 after acquiring an additional 6,543 shares in the last quarter. World Investment Advisors LLC acquired a new position in Camping World during the third quarter worth $258,000. KLP Kapitalforvaltning AS purchased a new position in Camping World during the fourth quarter valued at $226,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Camping World in the fourth quarter valued at about $239,000. 52.54% of the stock is owned by hedge funds and other institutional investors.

Camping World Trading Down 0.2 %

NYSE:CWH traded down $0.03 during trading hours on Monday, hitting $13.80. The company had a trading volume of 1,616,506 shares, compared to its average volume of 1,353,154. Camping World Holdings, Inc. has a 1 year low of $11.17 and a 1 year high of $25.97. The company has a market cap of $1.41 billion, a P/E ratio of -20.00, a P/E/G ratio of 0.92 and a beta of 2.32. The company has a 50-day moving average of $16.03 and a 200 day moving average of $20.35. 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 quarterly earnings data on Tuesday, February 25th. The company reported ($0.55) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.55). The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.13 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. Sell-side analysts expect that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were paid a dividend of $0.125 per share. The ex-dividend date was Friday, March 14th. This represents a $0.50 annualized dividend and a yield of 3.62%. Camping World's dividend payout ratio (DPR) is -65.79%.

Analysts Set New Price Targets

CWH has been the topic of a number of research reports. Baird R W lowered shares of Camping World from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Robert W. Baird restated a "neutral" rating and issued a $18.00 target price (down previously from $28.00) on shares of Camping World in a research report on Friday, April 4th. KeyCorp dropped their price target on Camping World from $22.00 to $16.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. 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 report on Monday, April 14th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Camping World presently has an average rating of "Moderate Buy" and an average price target of $23.63.

Insider Activity

In related news, President Matthew D. Wagner bought 5,725 shares of the firm's stock in a transaction on Tuesday, March 4th. The shares were bought at an average price of $17.61 per share, with a total value of $100,817.25. Following the completion of the transaction, the president now directly owns 300,640 shares of the company's stock, valued at $5,294,270.40. This represents a 1.94 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 35.60% of the company's stock.

Camping World 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.