Sei Investments Co. Acquires New Shares in Camping World Holdings, Inc. (NYSE:CWH)

Sei Investments Co. bought a new stake in Camping World Holdings, Inc. (NYSE:CWH - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 106,919 shares of the company's stock, valued at approximately $2,254,000. Sei Investments Co. owned approximately 0.13% of Camping World as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of the stock. Blue Trust Inc. grew its holdings in shares of Camping World by 195.0% during the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after buying an additional 1,014 shares in the last quarter. AlphaQuest LLC grew its stake 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 during the period. World Investment Advisors LLC acquired a new position in Camping World in the 3rd quarter valued at $258,000. Proficio Capital Partners LLC purchased a new position in shares of Camping World during the 4th quarter worth $239,000. Finally, Versor Investments LP acquired a new stake in shares of Camping World during the fourth quarter worth $266,000. Hedge funds and other institutional investors own 52.54% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CWH. Truist Financial upped their target price on Camping World from $26.00 to $28.00 and gave the company a "buy" rating in a research note on Monday, February 10th. KeyCorp dropped their price target on shares of Camping World from $27.00 to $22.00 and set an "overweight" rating for the company in a research report on Thursday, March 20th. Robert W. Baird reiterated a "neutral" rating and issued a $18.00 price target (down previously from $28.00) on shares of Camping World in a report on Friday, April 4th. Bank of America initiated coverage on Camping World in a report on Thursday, December 19th. They set a "buy" rating and a $30.00 price objective for the company. Finally, Baird R W lowered Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $25.88.

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Insider Buying and Selling at Camping World

In related news, President Matthew D. Wagner purchased 5,725 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the purchase, the president now owns 300,640 shares in the company, valued at approximately $5,294,270.40. This represents a 1.94 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 43.80% of the stock is currently owned by corporate insiders.

Camping World Stock Down 7.1 %

Shares of NYSE CWH traded down $0.99 on Thursday, hitting $12.92. The company had a trading volume of 2,682,585 shares, compared to its average volume of 1,290,639. 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 12-month low of $11.81 and a 12-month high of $25.97. The firm has a market capitalization of $1.32 billion, a P/E ratio of -18.72, a PEG ratio of 0.92 and a beta of 2.32. The business has a 50 day moving average of $18.34 and a two-hundred day moving average of $21.23.

Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, hitting analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $1.13 billion. As a group, equities research analysts forecast that Camping World Holdings, Inc. will post -0.66 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were issued a $0.125 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a yield of 3.87%. Camping World's dividend payout ratio is currently -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.