Camping World Holdings, Inc. (NYSE:CWH) Stake Raised by Ararat Capital Management LP

Ararat Capital Management LP boosted its stake in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 49.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 865,821 shares of the company's stock after buying an additional 286,860 shares during the period. Camping World accounts for 7.3% of Ararat Capital Management LP's investment portfolio, making the stock its 7th largest position. Ararat Capital Management LP owned 1.02% of Camping World worth $18,252,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the stock. Blue Trust Inc. grew its holdings in shares of Camping World by 195.0% in the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock valued at $32,000 after purchasing an additional 1,014 shares during the period. Summit Investment Advisors Inc. increased its holdings in shares of Camping World by 33.4% during the 4th 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 last quarter. AlphaQuest LLC raised its position in shares of Camping World by 494.9% during the 4th quarter. AlphaQuest LLC now owns 7,865 shares of the company's stock valued at $166,000 after buying an additional 6,543 shares during the period. Aquatic Capital Management LLC acquired a new position in Camping World in the fourth quarter valued at approximately $216,000. Finally, KLP Kapitalforvaltning AS purchased a new position in Camping World in the fourth quarter worth approximately $226,000. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Camping World Stock Up 5.0 %

Shares of NYSE CWH traded up $0.69 during mid-day trading on Thursday, reaching $14.46. The company had a trading volume of 1,613,147 shares, compared to its average volume of 1,945,988. The firm has a 50 day simple moving average of $14.91 and a two-hundred day simple moving average of $19.85. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. Camping World Holdings, Inc. has a 52-week low of $11.17 and a 52-week high of $25.97. The stock has a market cap of $1.48 billion, a P/E ratio of -20.96, a PEG ratio of 0.92 and a beta of 2.13.

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

Camping World Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors 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 3.46%. The ex-dividend date was Friday, March 14th. Camping World's dividend payout ratio is currently -108.70%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. KeyCorp lowered their price target on Camping World from $22.00 to $16.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Monness Crespi & Hardt dropped their price target on shares of Camping World from $30.00 to $20.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. JPMorgan Chase & Co. upgraded shares of Camping World from a "neutral" rating to an "overweight" rating and decreased their price objective for the stock from $23.00 to $21.00 in a report on Thursday, May 1st. Baird R W downgraded shares of Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Finally, Robert W. Baird decreased their price target on Camping World from $18.00 to $15.00 and set a "neutral" rating on the stock in a research note on Thursday, May 1st. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Camping World currently has an average rating of "Moderate Buy" and a consensus target price of $21.63.

Insiders Place Their Bets

In other news, President Matthew D. Wagner purchased 5,725 shares of the business's stock in a transaction dated Tuesday, March 4th. The stock was acquired at an average price of $17.61 per share, with a total value of $100,817.25. Following the purchase, the president now directly owns 300,640 shares of the company's stock, valued at $5,294,270.40. This represents a 1.94 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 35.60% of the stock is currently owned by company insiders.

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.