Dark Forest Capital Management LP Buys New Shares in Camping World Holdings, Inc. (NYSE:CWH)

Dark Forest Capital Management LP bought a new position in Camping World Holdings, Inc. (NYSE:CWH - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 24,667 shares of the company's stock, valued at approximately $520,000.

A number of other hedge funds also recently bought and sold shares of the business. Barclays PLC boosted its position in 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 acquiring an additional 156,055 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Camping World by 4.5% in the 3rd quarter. Geode Capital Management LLC now owns 978,330 shares of the company's stock worth $23,701,000 after buying an additional 41,705 shares during the period. World Investment Advisors LLC bought a new position in shares of Camping World in the 3rd quarter worth about $258,000. JPMorgan Chase & Co. increased its stake in shares of Camping World by 611.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 292,888 shares of the company's stock worth $7,094,000 after acquiring an additional 251,748 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in Camping World by 195.0% during the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock valued at $32,000 after acquiring an additional 1,014 shares during the period. Hedge funds and other institutional investors own 52.54% of the company's stock.

Insider Buying and Selling

In other news, President Matthew D. Wagner bought 5,725 shares of the company's stock in a transaction on 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 transaction, the president now 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 35.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Robert W. Baird reaffirmed a "neutral" rating and set a $18.00 target price (down previously from $28.00) on shares of Camping World in a research note on Friday, April 4th. Baird R W lowered Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Truist Financial lowered their price objective 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, KeyCorp reduced 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. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, Camping World presently has an average rating of "Moderate Buy" and an average target price of $23.63.

Camping World Stock Performance

NYSE CWH traded down $1.99 during trading hours on Wednesday, hitting $12.09. The company's stock had a trading volume of 7,515,140 shares, compared to its average volume of 1,385,001. 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 has a market cap of $1.23 billion, a P/E ratio of -17.52, a price-to-earnings-growth ratio of 0.92 and a beta of 2.32. The company's 50 day simple moving average is $15.72 and its two-hundred day simple moving average is $20.24. Camping World Holdings, Inc. has a 12 month low of $11.17 and a 12 month high of $25.97.

Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings data 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 net margin of 0.40% and a negative return on equity of 23.77%. The firm had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.43 billion. During the same period in the previous year, the company earned ($0.40) earnings per share. The firm's quarterly revenue was up 3.6% on a year-over-year basis. As a group, sell-side analysts expect that Camping World Holdings, Inc. will post -0.66 EPS 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 paid a $0.125 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.14%. Camping World's dividend payout ratio (DPR) is currently -65.79%.

Camping World Company 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.