Schonfeld Strategic Advisors LLC Increases Stock Position in Camping World Holdings, Inc. (NYSE:CWH)

Schonfeld Strategic Advisors LLC lifted its stake in Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 24.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 159,203 shares of the company's stock after purchasing an additional 31,270 shares during the quarter. Schonfeld Strategic Advisors LLC owned about 0.19% of Camping World worth $3,356,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of CWH. Cinctive Capital Management LP lifted its position in Camping World by 117.2% during the 4th quarter. Cinctive Capital Management LP now owns 125,031 shares of the company's stock worth $2,636,000 after acquiring an additional 67,459 shares during the period. JPMorgan Chase & Co. lifted its position in Camping World by 611.9% during the third 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. boosted its holdings in Camping World by 39.2% in the fourth quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock valued at $122,003,000 after purchasing an additional 1,630,307 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Camping World during the 4th quarter worth about $1,465,000. Finally, Barclays PLC raised its stake in shares of Camping World by 96.9% during the 3rd 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. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Camping World Price Performance

Shares of Camping World stock traded down $0.08 during mid-day trading on Wednesday, reaching $13.81. 3,677,953 shares of the stock traded hands, compared to its average volume of 1,433,160. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The business has a 50-day moving average of $15.02 and a 200 day moving average of $19.89. The stock has a market capitalization of $1.41 billion, a PE ratio of -20.01, a PEG ratio of 0.92 and a beta of 2.13. 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 quarterly earnings data on Tuesday, April 29th. The company reported ($0.16) earnings per share for the quarter, beating analysts' consensus estimates 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 analyst estimates of $1.43 billion. During the same quarter last year, the firm posted ($0.40) EPS. The firm's revenue for the quarter was up 3.6% on a year-over-year basis. On average, analysts predict that Camping World Holdings, Inc. will post -0.66 EPS for the current year.

Camping World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were issued a $0.125 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a yield of 3.62%. Camping World's payout ratio is -108.70%.

Insiders Place Their Bets

In other news, President Matthew D. Wagner purchased 5,725 shares of the stock in a transaction dated Tuesday, March 4th. The shares were purchased at an average price of $17.61 per share, with a total value of $100,817.25. Following the transaction, the president now owns 300,640 shares in the company, valued at $5,294,270.40. The trade was a 1.94 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 35.60% of the company's stock.

Analysts Set New Price Targets

Several research firms recently commented on CWH. Baird R W lowered Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. JPMorgan Chase & Co. upgraded shares of Camping World from a "neutral" rating to an "overweight" rating and dropped their price target for the company from $23.00 to $21.00 in a research report on Thursday, May 1st. Robert W. Baird decreased their price objective on shares of Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a research report on Thursday, May 1st. Truist Financial cut their price target 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. Finally, Monness Crespi & Hardt lowered 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. Three 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 company presently has a consensus rating of "Moderate Buy" and an average price target of $21.63.

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.