Algert Global LLC Buys Shares of 92,280 Camping World Holdings, Inc. (NYSE:CWH)

Algert Global LLC purchased a new position in Camping World Holdings, Inc. (NYSE:CWH - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 92,280 shares of the company's stock, valued at approximately $1,945,000. Algert Global LLC owned about 0.11% of Camping World at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cinctive Capital Management LP boosted its holdings in shares of Camping World by 117.2% during the fourth quarter. Cinctive Capital Management LP now owns 125,031 shares of the company's stock valued at $2,636,000 after acquiring an additional 67,459 shares during the period. JPMorgan Chase & Co. boosted its stake in Camping World by 611.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 292,888 shares of the company's stock valued at $7,094,000 after purchasing an additional 251,748 shares during the period. Vanguard Group Inc. grew its position in Camping World by 39.2% in the 4th quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock worth $122,003,000 after purchasing an additional 1,630,307 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Camping World in the fourth quarter valued at approximately $1,465,000. Finally, Barclays PLC raised its holdings in shares of Camping World by 96.9% during the third quarter. Barclays PLC now owns 317,052 shares of the company's stock valued at $7,678,000 after buying an additional 156,055 shares during the last quarter. Institutional investors and hedge funds own 52.54% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently commented on CWH. KeyCorp lowered 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 objective on shares of 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 lowered their target price on shares of Camping World from $18.00 to $15.00 and set a "neutral" rating on the stock in a research note on Thursday, May 1st. Truist Financial reduced their price target 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, April 14th. Finally, JPMorgan Chase & Co. upgraded shares of Camping World from a "neutral" rating to an "overweight" rating and lowered their price objective for the company from $23.00 to $21.00 in a research note on Thursday, May 1st. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Camping World presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.63.

Camping World Price Performance

Shares of NYSE:CWH traded up $0.33 on Friday, reaching $14.80. 3,807,296 shares of the company traded hands, compared to its average volume of 1,460,865. The stock has a market capitalization of $1.51 billion, a PE ratio of -21.45, a P/E/G ratio of 0.92 and a beta of 2.13. 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 is $14.76 and its 200-day moving average is $19.75. Camping World Holdings, Inc. has a fifty-two week low of $11.17 and a fifty-two week high of $25.97.

Camping World (NYSE:CWH - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported ($0.16) EPS for the quarter, beating the consensus estimate of ($0.23) by $0.07. The business 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 revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.40) earnings per share. As a group, analysts anticipate that Camping World Holdings, Inc. will post -0.66 earnings per share for the current fiscal year.

Camping World Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were issued a dividend of $0.125 per share. The ex-dividend date was Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.38%. Camping World's dividend payout ratio is currently -108.70%.

Insider Buying and Selling

In other Camping World news, President Matthew D. Wagner bought 5,725 shares of Camping World stock in a transaction dated Tuesday, March 4th. The stock was bought at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the acquisition, the president now directly owns 300,640 shares of the company's stock, valued at approximately $5,294,270.40. This trade represents a 1.94 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 35.60% of the company's stock.

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.