Jump Financial LLC bought a new position in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 70,015 shares of the company's stock, valued at approximately $1,476,000. Jump Financial LLC owned 0.08% of Camping World at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in the company. Blue Trust Inc. raised its stake in Camping World by 195.0% during the 4th 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 during the period. Summit Investment Advisors Inc. raised its position in shares of Camping World by 33.4% during the fourth 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 during the last quarter. AlphaQuest LLC lifted its holdings in shares of Camping World by 494.9% in the fourth quarter. AlphaQuest LLC now owns 7,865 shares of the company's stock worth $166,000 after buying an additional 6,543 shares in the last quarter. World Investment Advisors LLC bought a new position in shares of Camping World during the third quarter worth $258,000. Finally, KLP Kapitalforvaltning AS purchased a new position in Camping World during the fourth quarter valued at $226,000. Hedge funds and other institutional investors own 52.54% of the company's stock.
Camping World Trading Up 4.9 %
CWH traded up $0.60 during trading on Wednesday, reaching $12.97. The company had a trading volume of 2,934,839 shares, compared to its average volume of 1,340,579. 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 Holdings, Inc. has a 52 week low of $11.17 and a 52 week high of $25.97. The stock has a market cap of $1.32 billion, a P/E ratio of -18.80, a PEG ratio of 0.92 and a beta of 2.32. The business has a 50 day simple moving average of $16.58 and a 200-day simple moving average of $20.56.
Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The company reported ($0.55) EPS for the quarter, hitting analysts' consensus estimates of ($0.55). Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The firm had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.13 billion. On average, equities analysts anticipate that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.
Camping World Dividend Announcement
The firm also recently declared 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. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date was Friday, March 14th. Camping World's dividend payout ratio is currently -65.79%.
Insider Activity at Camping World
In related news, President Matthew D. Wagner acquired 5,725 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the acquisition, 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 acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 35.60% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Several research analysts have commented on CWH shares. Baird R W downgraded shares of Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Truist Financial cut their price target on Camping World from $28.00 to $16.00 and set a "buy" rating for the company in a report on Monday, April 14th. KeyCorp decreased 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. Finally, Robert W. Baird reissued a "neutral" rating and issued a $18.00 target price (down from $28.00) on shares of Camping World in a report on Friday, April 4th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $23.63.
Read Our Latest Stock Report on Camping World
About Camping World
(
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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