Jefferies Financial Group Inc. Takes Position in Camping World Holdings, Inc. (NYSE:CWH)

Jefferies Financial Group Inc. acquired a new position in Camping World Holdings, Inc. (NYSE:CWH - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 37,365 shares of the company's stock, valued at approximately $788,000.

Several other large investors also recently added to or reduced their stakes in the business. Barclays PLC raised its holdings in shares of Camping World by 96.9% in the 3rd quarter. Barclays PLC now owns 317,052 shares of the company's stock valued at $7,678,000 after acquiring an additional 156,055 shares in the last quarter. Blue Trust Inc. increased its position 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 worth $32,000 after purchasing an additional 1,014 shares during the last quarter. Econ Financial Services Corp purchased a new stake in Camping World in the fourth quarter valued at approximately $1,070,000. Telos Capital Management Inc. lifted its position in Camping World by 36.4% during 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 last quarter. Finally, Rhumbline Advisers grew its stake in Camping World by 20.9% in the 4th quarter. Rhumbline Advisers now owns 70,867 shares of the company's stock worth $1,494,000 after buying an additional 12,266 shares in the last quarter. Institutional investors own 52.54% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CWH. Baird R W lowered Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Citigroup upped their target price on Camping World from $16.00 to $21.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. JPMorgan Chase & Co. upgraded shares of Camping World from a "neutral" rating to an "overweight" rating and reduced their price target for the company from $23.00 to $21.00 in a research report on Thursday, May 1st. Truist Financial lifted 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. Finally, Robert W. Baird cut their price objective on shares of Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a research note on Thursday, May 1st. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $22.22.

Camping World Trading Up 4.8%

Shares of NYSE:CWH traded up $0.81 during trading on Tuesday, reaching $17.53. 2,667,020 shares of the company traded hands, compared to its average volume of 1,593,806. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. Camping World Holdings, Inc. has a 52-week low of $11.17 and a 52-week high of $25.97. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of -25.41, a P/E/G ratio of 0.92 and a beta of 2.13. The business's fifty day moving average is $14.55 and its 200-day moving average is $19.05.

Camping World (NYSE:CWH - Get Free Report) last announced its quarterly 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. The business had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.43 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The firm's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.40) EPS. As a group, analysts forecast that Camping World Holdings, Inc. will post -0.66 EPS for the current year.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be issued a dividend of $0.125 per share. The ex-dividend date is Friday, June 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.85%. 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.