BNP Paribas Financial Markets Acquires 75,438 Shares of Camping World Holdings, Inc. (NYSE:CWH)

BNP Paribas Financial Markets boosted its stake in Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 58.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 203,586 shares of the company's stock after buying an additional 75,438 shares during the period. BNP Paribas Financial Markets owned 0.24% of Camping World worth $4,292,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Blue Trust Inc. grew its holdings in Camping World by 195.0% during the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after acquiring an additional 1,014 shares during the period. Summit Investment Advisors Inc. grew its holdings in shares of 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. AlphaQuest LLC raised its position in shares of Camping World by 494.9% during 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 during the period. Aquatic Capital Management LLC purchased a new stake in shares of Camping World during the fourth quarter valued at $216,000. Finally, KLP Kapitalforvaltning AS purchased a new position in Camping World in the 4th quarter worth about $226,000. Institutional investors and hedge funds own 52.54% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on CWH shares. KeyCorp lowered their price target on Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Baird R W downgraded shares of Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Truist Financial cut their target price on shares of Camping World from $28.00 to $16.00 and set a "buy" rating for the company in a research report on Monday, April 14th. JPMorgan Chase & Co. raised shares of Camping World from a "neutral" rating to an "overweight" rating and dropped their price target for the stock from $23.00 to $21.00 in a research note on Thursday, May 1st. Finally, Citigroup lifted their price objective on Camping World from $16.00 to $21.00 and gave the company a "buy" rating in a research report on Friday. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $21.56.

Insiders Place Their Bets

In related news, President Matthew D. Wagner purchased 5,725 shares of the firm's stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average cost of $17.61 per share, with a total value of $100,817.25. Following the completion of the purchase, the president now directly owns 300,640 shares of the company's stock, valued at $5,294,270.40. This trade represents a 1.94% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 35.60% of the company's stock.

Camping World Price Performance

Shares of CWH traded down $0.03 during trading hours on Tuesday, hitting $16.64. The stock had a trading volume of 56,753 shares, compared to its average volume of 2,036,113. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of -24.14, 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 fifty day moving average is $14.68 and its two-hundred day moving average is $19.53. Camping World Holdings, Inc. has a 52 week low of $11.17 and a 52 week high of $25.97.

Camping World (NYSE:CWH - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.23) by $0.07. The firm had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.43 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The company's quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.40) earnings per share. On average, analysts anticipate 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 will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date is Friday, June 13th. Camping World's dividend payout ratio is currently -108.70%.

About Camping World

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.