GAMMA Investing LLC Has $254,000 Position in Camping World (NYSE:CWH)

GAMMA Investing LLC raised its stake in shares of Camping World (NYSE:CWH - Free Report) by 6,485.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,740 shares of the company's stock after buying an additional 15,501 shares during the period. GAMMA Investing LLC's holdings in Camping World were worth $254,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CWH. Vanguard Group Inc. raised its holdings in shares of Camping World by 39.2% during the 4th quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock valued at $122,003,000 after purchasing an additional 1,630,307 shares in the last quarter. Eminence Capital LP raised its holdings in shares of Camping World by 6.9% during the 4th quarter. Eminence Capital LP now owns 4,110,205 shares of the company's stock valued at $86,643,000 after purchasing an additional 264,935 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of Camping World by 39.8% during the 4th quarter. Capital Research Global Investors now owns 3,422,710 shares of the company's stock valued at $72,151,000 after purchasing an additional 975,168 shares in the last quarter. Hood River Capital Management LLC bought a new position in shares of Camping World during the 4th quarter valued at $62,142,000. Finally, Interval Partners LP raised its holdings in shares of Camping World by 71.8% during the 4th quarter. Interval Partners LP now owns 2,875,845 shares of the company's stock valued at $60,623,000 after purchasing an additional 1,202,258 shares in the last quarter. Institutional investors and hedge funds own 52.54% of the company's stock.

Camping World Stock Performance

NYSE CWH opened at $17.53 on Friday. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.26 and a quick ratio of 0.19. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of -38.10 and a beta of 1.88. The company's fifty day moving average is $15.61 and its two-hundred day moving average is $18.53. Camping World 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 earnings results 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 0.47% and a negative return on equity of 8.66%. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period in the previous year, the business earned ($0.40) EPS. The firm's revenue was up 3.6% on a year-over-year basis. Equities research analysts forecast that Camping World will post -0.66 EPS for the current year.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.50 annualized dividend and a dividend yield of 2.85%. Camping World's dividend payout ratio (DPR) is currently -108.70%.

Analyst Ratings Changes

A number of research firms have recently weighed in on CWH. Robert W. Baird cut their price target on shares of Camping World from $18.00 to $15.00 and set a "neutral" rating on the stock in a report on Thursday, May 1st. KeyCorp reiterated an "overweight" rating and issued a $18.00 target price (up previously from $16.00) on shares of Camping World in a report on Friday, May 23rd. JPMorgan Chase & Co. upgraded shares of Camping World from a "neutral" rating to an "overweight" rating and dropped their target price for the stock from $23.00 to $21.00 in a report on Thursday, May 1st. Citigroup reiterated a "buy" rating and issued a $23.00 target price (up previously from $21.00) on shares of Camping World in a report on Monday, June 16th. Finally, Truist Financial lifted their target price on shares of Camping World from $16.00 to $20.00 and gave the stock a "buy" rating in a report on Tuesday, June 3rd. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $22.44.

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.

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