Raymond James Financial Inc. Purchases New Stake in Camping World Holdings, Inc. (NYSE:CWH)

Raymond James Financial Inc. bought a new position in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 69,485 shares of the company's stock, valued at approximately $1,465,000. Raymond James Financial Inc. owned approximately 0.08% of Camping World at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of CWH. JPMorgan Chase & Co. lifted its holdings in Camping World by 611.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 292,888 shares of the company's stock worth $7,094,000 after buying an additional 251,748 shares during the last quarter. Soros Fund Management LLC acquired a new position in Camping World in the third quarter valued at approximately $6,053,000. Charles Schwab Investment Management Inc. boosted its holdings in Camping World by 26.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 827,823 shares of the company's stock valued at $17,451,000 after purchasing an additional 175,554 shares in the last quarter. Barclays PLC increased its stake in Camping World by 96.9% in the third quarter. Barclays PLC now owns 317,052 shares of the company's stock valued at $7,678,000 after purchasing an additional 156,055 shares during the last quarter. Finally, Wellington Management Group LLP acquired a new stake in Camping World during the third quarter worth approximately $2,578,000. Hedge funds and other institutional investors own 52.54% of the company's stock.

Insider Transactions at Camping World

In other news, President Matthew D. Wagner acquired 5,725 shares of the business's stock in a transaction on Tuesday, March 4th. The shares were purchased 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 43.80% of the company's stock.

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Analysts Set New Price Targets

A number of research analysts recently commented on CWH shares. Truist Financial increased their target price on shares of Camping World from $26.00 to $28.00 and gave the company a "buy" rating in a research report on Monday, February 10th. Robert W. Baird reiterated a "neutral" rating and set a $18.00 target price (down previously from $28.00) on shares of Camping World in a research report on Friday. Bank of America assumed coverage on Camping World in a research report on Thursday, December 19th. They issued a "buy" rating and a $30.00 target price for the company. Finally, KeyCorp cut their price target on Camping World from $27.00 to $22.00 and set an "overweight" rating on the stock in a research report on Thursday, March 20th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $25.88.

Camping World Stock Performance

Shares of NYSE:CWH traded down $1.16 during trading on Friday, reaching $12.90. The company had a trading volume of 3,776,565 shares, compared to its average volume of 1,258,887. Camping World Holdings, Inc. has a fifty-two week low of $12.08 and a fifty-two week high of $26.33. 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 stock's fifty day moving average price is $19.54 and its 200 day moving average price is $21.66. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of -18.69, a price-to-earnings-growth ratio of 0.92 and a beta of 2.32.

Camping World (NYSE:CWH - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported ($0.55) EPS for the quarter, meeting 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 for the quarter, compared to analysts' expectations of $1.13 billion. As a group, equities research analysts predict that Camping World Holdings, Inc. will post -0.66 EPS for the current 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 given a dividend of $0.125 per share. The ex-dividend date was Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a yield of 3.88%. Camping World's dividend payout ratio (DPR) is -65.79%.

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.