Deutsche Bank AG Grows Position in Camping World Holdings, Inc. (NYSE:CWH)

Deutsche Bank AG increased its holdings in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 4.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 476,767 shares of the company's stock after buying an additional 22,176 shares during the quarter. Deutsche Bank AG owned 0.56% of Camping World worth $10,050,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC increased its holdings in shares of Camping World by 96.9% in the third quarter. Barclays PLC now owns 317,052 shares of the company's stock valued at $7,678,000 after purchasing an additional 156,055 shares during the period. Blue Trust Inc. increased 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. Econ Financial Services Corp acquired a new position in shares of Camping World in the fourth quarter valued at about $1,070,000. Telos Capital Management Inc. increased its holdings in shares of Camping World by 36.4% in the fourth quarter. Telos Capital Management Inc. now owns 15,000 shares of the company's stock valued at $316,000 after purchasing an additional 4,000 shares during the period. Finally, Rhumbline Advisers increased its holdings in shares of Camping World by 20.9% in the fourth quarter. Rhumbline Advisers now owns 70,867 shares of the company's stock valued at $1,494,000 after purchasing an additional 12,266 shares during the period. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on CWH shares. Truist Financial dropped their target price on Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a report on Monday, April 14th. KeyCorp lowered their price objective on Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. JPMorgan Chase & Co. upgraded Camping World from a "neutral" rating to an "overweight" rating and lowered their price objective for the stock from $23.00 to $21.00 in a research report on Thursday, May 1st. Monness Crespi & Hardt lowered their price objective 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. Finally, Baird R W lowered Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Camping World currently has an average rating of "Moderate Buy" and an average target price of $21.56.

Camping World Price Performance

NYSE CWH traded up $0.20 during mid-day trading on Tuesday, hitting $16.86. The stock had a trading volume of 2,760,610 shares, compared to its average volume of 1,516,468. The firm's 50 day moving average is $14.68 and its 200 day moving average is $19.53. Camping World Holdings, Inc. has a twelve month low of $11.17 and a twelve month high of $25.97. 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 stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of -24.43, a PEG ratio of 0.92 and a beta of 2.13.

Camping World (NYSE:CWH - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported ($0.16) EPS 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 firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the prior year, the company earned ($0.40) EPS. The firm's revenue was up 3.6% compared to the same quarter last year. Equities research analysts forecast that Camping World Holdings, Inc. will post -0.66 earnings per share for the current fiscal year.

Camping World Announces Dividend

The business also recently announced 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 dividend yield of 2.97%. The ex-dividend date of this dividend is Friday, June 13th. Camping World's dividend payout ratio (DPR) is presently -108.70%.

Insiders Place Their Bets

In related news, President Matthew D. Wagner bought 5,725 shares of the business's stock in a transaction on Tuesday, March 4th. The stock was acquired at an average cost 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. The trade was a 1.94% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 35.60% of the company's stock.

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.