SG Americas Securities LLC Acquires Shares of 53,231 Camping World (NYSE:CWH)

SG Americas Securities LLC acquired a new stake in Camping World (NYSE:CWH - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 53,231 shares of the company's stock, valued at approximately $860,000. SG Americas Securities LLC owned about 0.05% of Camping World as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Cinctive Capital Management LP raised its position in Camping World by 117.2% in the fourth quarter. Cinctive Capital Management LP now owns 125,031 shares of the company's stock valued at $2,636,000 after purchasing an additional 67,459 shares during the period. Vanguard Group Inc. increased its position 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 worth $122,003,000 after purchasing an additional 1,630,307 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Camping World in the 4th quarter valued at about $1,465,000. Charles Schwab Investment Management Inc. raised its holdings in Camping World by 26.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 827,823 shares of the company's stock valued at $17,451,000 after buying an additional 175,554 shares during the period. Finally, Swiss National Bank lifted its position in Camping World by 33.8% in the fourth quarter. Swiss National Bank now owns 111,700 shares of the company's stock valued at $2,355,000 after buying an additional 28,200 shares during the last quarter. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Camping World Stock Down 2.2%

Shares of NYSE:CWH traded down $0.39 during trading on Friday, hitting $17.53. The company's stock had a trading volume of 3,433,914 shares, compared to its average volume of 1,678,858. Camping World has a fifty-two week low of $11.17 and a fifty-two week high of $25.97. The business has a 50 day moving average price of $15.61 and a two-hundred day moving average price of $18.53. The company has a debt-to-equity ratio of 3.53, a quick ratio of 0.19 and a current ratio of 1.26. The company has a market capitalization of $1.79 billion, a PE ratio of -38.10 and a beta of 1.88.

Camping World (NYSE:CWH - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same period last year, the business posted ($0.40) earnings per share. Camping World's revenue was up 3.6% compared to the same quarter last year. As a group, research analysts expect that Camping World will post -0.66 EPS for the current fiscal year.

Camping World Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend is Friday, June 13th. Camping World's payout ratio is presently -108.70%.

Analysts Set New Price Targets

CWH has been the subject of a number of recent analyst reports. Truist Financial lifted their price target on shares of Camping World from $16.00 to $20.00 and gave the company a "buy" rating in a research report on Tuesday, June 3rd. Baird R W downgraded shares of Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Citigroup reissued a "buy" rating and issued a $23.00 target price (up previously from $21.00) on shares of Camping World in a research report on Monday, June 16th. Monness Crespi & Hardt lowered their price target on Camping World from $30.00 to $20.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Finally, Robert W. Baird dropped their price objective on 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 given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $22.44.

Camping World 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.