Alyeska Investment Group L.P. Buys New Shares in Camping World Holdings, Inc. (NYSE:CWH)

Alyeska Investment Group L.P. bought a new position in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,598,570 shares of the company's stock, valued at approximately $33,698,000. Alyeska Investment Group L.P. owned approximately 1.88% of Camping World at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CWH. Camelot Portfolios LLC lifted its holdings in shares of Camping World by 3.7% during the 4th quarter. Camelot Portfolios LLC now owns 14,100 shares of the company's stock valued at $297,000 after acquiring an additional 500 shares in the last quarter. Blue Trust Inc. lifted its stake 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 purchasing an additional 1,014 shares in the last quarter. Summit Investment Advisors Inc. boosted its position in shares of Camping World by 33.4% in the fourth quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock worth $117,000 after buying an additional 1,390 shares during the period. XTX Topco Ltd raised its holdings in shares of Camping World by 17.8% during the 4th quarter. XTX Topco Ltd now owns 16,373 shares of the company's stock valued at $345,000 after buying an additional 2,470 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its position in Camping World by 19.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 18,944 shares of the company's stock worth $399,000 after acquiring an additional 3,095 shares in the last quarter. Hedge funds and other institutional investors own 52.54% of the company's stock.

Insiders Place Their Bets

In other Camping World news, President Matthew D. Wagner purchased 5,725 shares of the firm's stock in a transaction dated Tuesday, March 4th. The stock was bought at an average price of $17.61 per share, with a total value of $100,817.25. Following the completion of the purchase, the president now owns 300,640 shares in the company, valued at $5,294,270.40. This trade represents a 1.94 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 35.60% of the stock is owned by insiders.

Wall Street Analyst Weigh In

CWH has been the subject of several analyst reports. Baird R W downgraded shares of Camping World from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. KeyCorp dropped their target price on Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Monness Crespi & Hardt reduced their price target on Camping World from $30.00 to $20.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Robert W. Baird dropped their price objective on Camping World from $18.00 to $15.00 and set a "neutral" rating on the stock in a report on Thursday, May 1st. Finally, Truist Financial reduced their target price on Camping World from $28.00 to $16.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $21.63.

Camping World Stock Performance

Shares of Camping World stock traded up $0.34 during trading hours on Friday, reaching $14.81. The company's stock had a trading volume of 1,842,210 shares, compared to its average volume of 1,970,463. Camping World Holdings, Inc. has a one year low of $11.17 and a one year high of $25.97. The company's 50 day simple moving average is $14.82 and its 200 day simple moving average is $19.80. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. The stock has a market cap of $1.51 billion, a P/E ratio of -21.46, a price-to-earnings-growth ratio of 0.92 and a beta of 2.13.

Camping World (NYSE:CWH - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported ($0.16) EPS for the quarter, beating analysts' consensus estimates of ($0.23) by $0.07. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. Camping World's quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.40) earnings per share. As a group, analysts expect that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.

Camping World Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 14th were given a $0.125 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.50 annualized dividend and a yield of 3.38%. Camping World's dividend payout ratio is presently -108.70%.

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.