Castleark Management LLC Makes New $3.61 Million Investment in Camping World Holdings, Inc. (NYSE:CWH)

Castleark Management LLC acquired a new stake in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 171,030 shares of the company's stock, valued at approximately $3,605,000. Castleark Management LLC owned 0.20% of Camping World at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Hood River Capital Management LLC bought a new position in shares of Camping World in the 4th quarter worth about $62,142,000. Vanguard Group Inc. grew its stake in shares of Camping World by 39.2% in the 4th quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock worth $122,003,000 after buying an additional 1,630,307 shares during the last quarter. Alyeska Investment Group L.P. bought a new position in Camping World during the 4th quarter valued at approximately $33,698,000. Interval Partners LP raised its stake in Camping World by 71.8% during the fourth quarter. Interval Partners LP now owns 2,875,845 shares of the company's stock valued at $60,623,000 after buying an additional 1,202,258 shares during the last quarter. Finally, Capital Research Global Investors boosted its holdings in Camping World by 39.8% in the fourth quarter. Capital Research Global Investors now owns 3,422,710 shares of the company's stock worth $72,151,000 after acquiring an additional 975,168 shares in the last quarter. Institutional investors own 52.54% of the company's stock.

Insider Buying and Selling at Camping World

In other Camping World news, President Matthew D. Wagner purchased 5,725 shares of the company's stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average price of $17.61 per share, for a total transaction 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 position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 35.60% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on CWH. Robert W. Baird lowered their price target on Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a research report on Thursday, May 1st. KeyCorp decreased their target price on shares of Camping World from $22.00 to $16.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Monness Crespi & Hardt cut their price target on shares of Camping World from $30.00 to $20.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. 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. Finally, Truist Financial lowered their price objective on Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $21.56.

Camping World Stock Down 6.6%

Shares of Camping World stock opened at $15.78 on Thursday. Camping World Holdings, Inc. has a twelve month low of $11.17 and a twelve month high of $25.97. 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 company's 50 day moving average is $14.68 and its 200 day moving average is $19.49. The company has a market cap of $1.61 billion, a price-to-earnings ratio of -22.87, a price-to-earnings-growth ratio of 0.92 and a beta of 2.13.

Camping World (NYSE:CWH - Get Free Report) last announced its earnings results 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. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates 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 previous year, the business earned ($0.40) EPS. Research analysts anticipate that Camping World Holdings, Inc. will post -0.66 EPS for the current year.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be given a $0.125 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.50 annualized dividend and a yield of 3.17%. Camping World's payout ratio is -108.70%.

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.

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