Wellington Management Group LLP Acquires 88,337 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Wellington Management Group LLP boosted its position in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 83.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 194,780 shares of the company's stock after acquiring an additional 88,337 shares during the period. Wellington Management Group LLP owned 0.23% of Camping World worth $4,106,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Blue Trust Inc. increased its stake in Camping World by 195.0% during the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock valued at $32,000 after acquiring an additional 1,014 shares during the period. AlphaQuest LLC lifted its position in 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 purchasing an additional 6,543 shares during the period. KLP Kapitalforvaltning AS bought a new stake in Camping World in the 4th quarter valued at $226,000. Proficio Capital Partners LLC acquired a new position in shares of Camping World in the 4th quarter valued at $239,000. Finally, World Investment Advisors LLC acquired a new stake in shares of Camping World during the 3rd quarter valued at about $258,000. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Trading Up 2.1 %

CWH stock traded up $0.25 during midday trading on Thursday, reaching $11.93. The stock had a trading volume of 367,409 shares, compared to its average volume of 1,307,392. 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 twelve month low of $11.46 and a twelve month high of $25.97. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of -17.17, a PEG ratio of 0.92 and a beta of 2.32. The business has a fifty day simple moving average of $17.49 and a two-hundred day simple moving average of $20.90.

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 for the quarter, compared to analysts' expectations of $1.13 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. As a group, research analysts expect that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date was Friday, March 14th. Camping World's dividend payout ratio (DPR) is currently -65.79%.

Wall Street Analysts Forecast Growth

CWH has been the topic of a number of recent research reports. Baird R W downgraded Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. KeyCorp dropped their price objective on Camping World from $22.00 to $16.00 and set an "overweight" rating for the company in a research note on Thursday. 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, April 4th. Truist Financial cut their target price on shares of Camping World from $28.00 to $16.00 and set a "buy" rating for the company in a research note on Monday. Finally, Bank of America assumed coverage on Camping World in a report on Thursday, December 19th. They set a "buy" rating and a $30.00 price target for the company. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $23.63.

Insider Activity

In other news, President Matthew D. Wagner bought 5,725 shares of the business's stock in a transaction on Tuesday, March 4th. The shares were bought at an average cost of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the acquisition, the president now owns 300,640 shares in the company, valued at approximately $5,294,270.40. This trade represents a 1.94 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 43.80% of the stock is currently owned by company insiders.

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.