Ararat Capital Management LP Has $18.25 Million Stake in Camping World Holdings, Inc. (NYSE:CWH)

Ararat Capital Management LP raised its position in Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 49.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 865,821 shares of the company's stock after acquiring an additional 286,860 shares during the period. Camping World comprises approximately 7.3% of Ararat Capital Management LP's holdings, making the stock its 7th largest holding. Ararat Capital Management LP owned 1.02% of Camping World worth $18,252,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Blue Trust Inc. lifted its position in Camping World by 195.0% in 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 during the period. Summit Investment Advisors Inc. increased its stake in Camping World by 33.4% in the fourth quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock valued at $117,000 after acquiring an additional 1,390 shares during the period. AlphaQuest LLC raised 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 in the last quarter. Aquatic Capital Management LLC bought a new position in Camping World during the fourth quarter worth about $216,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in Camping World during the fourth quarter valued at approximately $226,000. Institutional investors own 52.54% of the company's stock.

Insiders Place Their Bets

In other Camping World news, President Matthew D. Wagner acquired 5,725 shares of the stock in a transaction dated 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 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 35.60% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Robert W. Baird cut their price target on shares of Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. Monness Crespi & Hardt decreased their price target 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. JPMorgan Chase & Co. upgraded Camping World from a "neutral" rating to an "overweight" rating and cut their price objective for the company from $23.00 to $21.00 in a research report on Thursday, May 1st. KeyCorp lowered their target price on Camping World from $22.00 to $16.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Finally, Truist Financial reduced their price target on shares of Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $21.63.

Camping World Trading Down 0.6 %

Shares of Camping World stock traded down $0.09 during trading on Tuesday, hitting $13.88. 4,820,623 shares of the company were exchanged, compared to its average volume of 1,424,180. The firm has a market capitalization of $1.42 billion, a P/E ratio of -20.11, a price-to-earnings-growth ratio of 0.92 and a beta of 2.13. The firm's fifty day moving average price is $15.14 and its 200 day moving average price is $19.93. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. Camping World Holdings, Inc. has a 1-year low of $11.17 and a 1-year high of $25.97.

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 the consensus estimate of ($0.23) by $0.07. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The business's quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.40) earnings per share. As a group, sell-side analysts expect that Camping World Holdings, Inc. will post -0.66 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The firm 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 was Friday, March 14th. This represents a $0.50 annualized dividend and a dividend yield of 3.60%. 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.