Camping World $CWH Stock Holdings Increased by Deutsche Bank AG

Key Points

• Deutsche Bank AG increased its stake in Camping World by **24.4%**, acquiring an additional **116,292 shares**, bringing its total ownership to **593,059 shares** valued at about **$9.58 million**.
• A variety of hedge funds have also significantly increased their investments in Camping World, with GAMMA Investing LLC hiking its position by a staggering **6,485.8%** in the first quarter.
• Wall Street analysts have varying outlooks on Camping World, with a consensus rating of "**Moderate Buy**" and a consensus price target of **$21.78**, despite some analysts lowering their price targets recently.

Deutsche Bank AG boosted its stake in Camping World (NYSE:CWH - Free Report) by 24.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 593,059 shares of the company's stock after buying an additional 116,292 shares during the period. Deutsche Bank AG owned 0.58% of Camping World worth $9,584,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in CWH. Alliancebernstein L.P. boosted its position in shares of Camping World by 33.6% during the 4th quarter. Alliancebernstein L.P. now owns 54,000 shares of the company's stock valued at $1,138,000 after purchasing an additional 13,570 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Camping World by 31.4% during the 4th quarter. Geode Capital Management LLC now owns 1,285,271 shares of the company's stock valued at $27,100,000 after purchasing an additional 306,941 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Camping World by 69.3% during the 4th quarter. Wells Fargo & Company MN now owns 30,477 shares of the company's stock valued at $642,000 after purchasing an additional 12,470 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of Camping World by 85.1% during the 4th quarter. Russell Investments Group Ltd. now owns 85,683 shares of the company's stock valued at $1,806,000 after purchasing an additional 39,383 shares in the last quarter. Finally, Invesco Ltd. boosted its position in shares of Camping World by 12.7% during the 4th quarter. Invesco Ltd. now owns 156,637 shares of the company's stock valued at $3,302,000 after purchasing an additional 17,689 shares in the last quarter. Institutional investors own 52.54% of the company's stock.

Camping World Trading Down 0.8%

Shares of CWH traded down $0.1450 during midday trading on Wednesday, hitting $17.2450. The stock had a trading volume of 1,470,811 shares, compared to its average volume of 2,621,695. Camping World has a fifty-two week low of $11.17 and a fifty-two week high of $25.97. The business has a 50-day simple moving average of $17.38 and a two-hundred day simple moving average of $17.06. The firm has a market cap of $1.76 billion, a P/E ratio of -86.22 and a beta of 1.76. The company has a current ratio of 1.26, a quick ratio of 0.24 and a debt-to-equity ratio of 3.12.

Camping World (NYSE:CWH - Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.01). The firm had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.87 billion. Camping World had a negative return on equity of 2.81% and a negative net margin of 0.13%.The business's quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.38 earnings per share. As a group, equities analysts forecast that Camping World will post -0.66 EPS for the current year.

Analyst Ratings Changes

CWH has been the subject of several research reports. KeyCorp raised their price objective on shares of Camping World from $18.00 to $21.00 and gave the company an "overweight" rating in a research report on Thursday, August 14th. Truist Financial raised their price objective on shares of Camping World from $16.00 to $20.00 and gave the company a "buy" rating in a research report on Tuesday, June 3rd. Monness Crespi & Hardt reduced their price objective 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. Citigroup restated a "buy" rating and set a $23.00 price objective (up previously from $21.00) on shares of Camping World in a research report on Monday, June 16th. Finally, Raymond James Financial decreased their target price on shares of Camping World from $20.00 to $18.00 and set an "outperform" rating for the company in a report on Thursday, July 31st. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $21.78.

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.