Camping World (NYSE:CWH) Shares Bought by GAMMA Investing LLC

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

A number of other large investors also recently added to or reduced their stakes in CWH. Mpwm Advisory Solutions LLC acquired a new stake in shares of Camping World in the fourth quarter valued at $63,000. Sandia Investment Management LP acquired a new position in Camping World in the 4th quarter valued at about $105,000. Summit Investment Advisors Inc. grew its position in Camping World by 33.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock valued at $117,000 after acquiring an additional 1,390 shares in the last quarter. AlphaQuest LLC increased its stake in Camping World by 494.9% during the fourth quarter. AlphaQuest LLC now owns 7,865 shares of the company's stock worth $166,000 after purchasing an additional 6,543 shares during the period. Finally, Aquatic Capital Management LLC acquired a new stake in shares of Camping World during the fourth quarter worth about $216,000. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on CWH. JPMorgan Chase & Co. upgraded shares of Camping World from a "neutral" rating to an "overweight" rating and dropped their price objective for the company from $23.00 to $21.00 in a report on Thursday, May 1st. Truist Financial boosted their price target on shares of Camping World from $16.00 to $20.00 and gave the stock a "buy" rating in a research note on Tuesday, June 3rd. KeyCorp reaffirmed an "overweight" rating and set a $18.00 price objective (up previously from $16.00) on shares of Camping World in a research report on Friday, May 23rd. Robert W. Baird decreased their target price on Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. Finally, Baird R W cut Camping World from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $22.44.

Camping World Stock Down 3.1%

Shares of CWH stock traded down $0.57 on Wednesday, reaching $17.78. 2,476,024 shares of the stock were exchanged, compared to its average volume of 1,692,353. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of -38.65 and a beta of 1.88. The business's 50 day moving average price is $15.97 and its 200 day moving average price is $18.44. The company has a current ratio of 1.26, a quick ratio of 0.19 and a debt-to-equity ratio of 3.53. Camping World has a twelve month low of $11.17 and a twelve 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 (EPS) for the quarter, topping the consensus estimate of ($0.23) by $0.07. Camping World had a negative return on equity of 8.66% and a negative net margin of 0.47%. The business had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.43 billion. During the same period in the prior year, the firm posted ($0.40) EPS. The business's quarterly revenue was up 3.6% compared to the same quarter last year. As a group, sell-side analysts expect that Camping World will post -0.66 earnings per share for the current fiscal year.

Camping World Announces Dividend

The business also recently declared 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. The ex-dividend date is Friday, June 13th. This represents a $0.50 annualized dividend and a yield of 2.81%. Camping World's dividend payout ratio is currently -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.