Man Group plc Takes $1.43 Million Position in Camping World Holdings, Inc. (NYSE:CWH)

Man Group plc acquired a new position in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 67,777 shares of the company's stock, valued at approximately $1,429,000. Man Group plc owned 0.08% of Camping World at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. lifted its position in Camping World by 195.0% during the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after acquiring an additional 1,014 shares during the period. Summit Investment Advisors Inc. lifted its position in Camping World by 33.4% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock worth $117,000 after acquiring an additional 1,390 shares during the period. AlphaQuest LLC lifted its position in Camping World by 494.9% during the 4th quarter. AlphaQuest LLC now owns 7,865 shares of the company's stock worth $166,000 after acquiring an additional 6,543 shares during the period. Aquatic Capital Management LLC acquired a new stake in Camping World during the 4th quarter worth approximately $216,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in Camping World during the 4th quarter worth approximately $226,000. 52.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. JPMorgan Chase & Co. raised Camping World from a "neutral" rating to an "overweight" rating and decreased their price objective for the stock from $23.00 to $21.00 in a research report on Thursday, May 1st. Baird R W cut Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Robert W. Baird reduced their price target on Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. Truist Financial reduced their price target on Camping World from $28.00 to $16.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Monness Crespi & Hardt reduced their price target on Camping World from $30.00 to $20.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $21.78.

Insider Buying and Selling

In related news, President Matthew D. Wagner acquired 5,725 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the transaction, the president now owns 300,640 shares in the company, valued at $5,294,270.40. This trade represents a 1.94% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 35.60% of the stock is currently owned by company insiders.

Camping World Price Performance

NYSE CWH traded down $0.26 during mid-day trading on Thursday, hitting $16.96. The stock had a trading volume of 282,936 shares, compared to its average volume of 1,552,450. Camping World Holdings, Inc. has a 52-week low of $11.17 and a 52-week high of $25.97. The company has a market cap of $1.73 billion, a price-to-earnings ratio of -24.59, a P/E/G ratio of 0.92 and a beta of 2.13. The company has a 50 day simple moving average of $14.61 and a 200 day simple moving average of $19.27. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67.

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 for the quarter, beating the consensus estimate of ($0.23) by $0.07. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period last year, the business posted ($0.40) EPS. Camping World's quarterly revenue was up 3.6% on a year-over-year basis. Equities analysts forecast that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.

Camping World Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date is Friday, June 13th. Camping World's dividend payout ratio is presently -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.