Jefferies Financial Group Inc. Buys New Stake in Camping World Holdings, Inc. (NYSE:CWH)

Jefferies Financial Group Inc. purchased a new stake in Camping World Holdings, Inc. (NYSE:CWH - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 37,365 shares of the company's stock, valued at approximately $788,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CWH. Camelot Portfolios LLC grew its position 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 during the period. Blue Trust Inc. raised its position in Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after purchasing an additional 1,014 shares during the period. Summit Investment Advisors Inc. grew its holdings in Camping World by 33.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock worth $117,000 after acquiring an additional 1,390 shares during the last quarter. XTX Topco Ltd boosted its stake 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 purchasing an additional 2,470 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Camping World by 19.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 18,944 shares of the company's stock valued at $399,000 after purchasing an additional 3,095 shares in the last quarter. Hedge funds and other institutional investors own 52.54% of the company's stock.

Wall Street Analyst Weigh In

CWH has been the topic of several research reports. KeyCorp dropped their price objective on shares of Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Robert W. Baird cut their price objective on Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. JPMorgan Chase & Co. upgraded Camping World from a "neutral" rating to an "overweight" rating and lowered their target price for the company from $23.00 to $21.00 in a research report on Thursday, May 1st. Monness Crespi & Hardt lowered their price objective on Camping World from $30.00 to $20.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Finally, Baird R W downgraded Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $21.56.

Insider Transactions at Camping World

In related news, President Matthew D. Wagner purchased 5,725 shares of the firm's stock in a transaction on Tuesday, March 4th. The shares were bought 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 in the company, valued at $5,294,270.40. This trade represents a 1.94% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 35.60% of the company's stock.

Camping World Price Performance

CWH stock traded down $0.53 during trading on Wednesday, hitting $16.38. The stock had a trading volume of 356,891 shares, compared to its average volume of 1,515,965. 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 company's 50-day moving average price is $14.69 and its two-hundred day moving average price is $19.51. Camping World Holdings, Inc. has a twelve month low of $11.17 and a twelve month high of $25.97. The stock has a market capitalization of $1.67 billion, a P/E ratio of -23.73, a PEG ratio of 0.92 and a beta of 2.13.

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

Camping World Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be issued a $0.125 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.50 dividend on an annualized basis and a yield of 3.05%. Camping World's dividend payout ratio (DPR) 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.