Swiss National Bank Raises Stake in Camping World Holdings, Inc. (NYSE:CWH)

Swiss National Bank lifted its stake in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 33.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 111,700 shares of the company's stock after purchasing an additional 28,200 shares during the quarter. Swiss National Bank owned 0.13% of Camping World worth $2,355,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in CWH. Burkehill Global Management LP acquired a new stake in Camping World in the fourth quarter valued at $15,810,000. TradeLink Capital LLC acquired a new stake in shares of Camping World in the fourth quarter valued at about $299,000. AlphaQuest LLC raised its stake in Camping World by 494.9% during 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 during the last quarter. Raymond James Financial Inc. acquired a new position in Camping World in the fourth quarter valued at $1,465,000. Finally, Arizona State Retirement System boosted its position in Camping World by 33.6% during the fourth quarter. Arizona State Retirement System now owns 16,477 shares of the company's stock valued at $347,000 after acquiring an additional 4,148 shares during the last quarter. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on CWH shares. KeyCorp dropped their price objective on Camping World from $27.00 to $22.00 and set an "overweight" rating on the stock in a research note on Thursday, March 20th. Bank of America initiated coverage on Camping World in a research note on Thursday, December 19th. They issued a "buy" rating and a $30.00 price target on the stock. Finally, Truist Financial raised their price objective on shares of Camping World from $26.00 to $28.00 and gave the stock a "buy" rating in a research report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $27.00.

Remove Ads

Insider Activity at Camping World

In other news, President Matthew D. Wagner acquired 5,725 shares of the firm's stock in a transaction on Tuesday, March 4th. The stock was purchased at an average price of $17.61 per share, for a total transaction of $100,817.25. Following 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 position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 43.80% of the stock is owned by insiders.

Camping World Stock Down 1.5 %

Camping World stock traded down $0.25 during mid-day trading on Monday, reaching $16.14. The stock had a trading volume of 1,961,877 shares, compared to its average volume of 1,226,140. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. Camping World Holdings, Inc. has a fifty-two week low of $15.39 and a fifty-two week high of $28.28. The stock's 50-day simple moving average is $20.15 and its 200-day simple moving average is $21.90. The firm has a market capitalization of $1.65 billion, a PE ratio of -23.39, a price-to-earnings-growth ratio of 0.92 and a beta of 2.57.

Camping World (NYSE:CWH - Get Free Report) last announced its quarterly earnings results 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 business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.13 billion. On average, sell-side analysts forecast that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.

Camping World Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors 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 dividend yield of 3.10%. Camping World's dividend payout ratio is presently -65.79%.

Camping World Company 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.