University of Texas Texas AM Investment Management Co. Acquires 39,396 Shares of Camping World Holdings, Inc. (NYSE:CWH)

University of Texas Texas AM Investment Management Co. grew its position in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 85.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 85,352 shares of the company's stock after purchasing an additional 39,396 shares during the period. University of Texas Texas AM Investment Management Co. owned about 0.10% of Camping World worth $1,799,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC raised its holdings in shares of Camping World by 96.9% during the 3rd quarter. Barclays PLC now owns 317,052 shares of the company's stock valued at $7,678,000 after buying an additional 156,055 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Camping World by 195.0% in 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 last quarter. Econ Financial Services Corp bought a new stake in shares of Camping World in the 4th quarter worth approximately $1,070,000. Telos Capital Management Inc. boosted its stake in shares of Camping World by 36.4% in the 4th 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 in the last quarter. Finally, Rhumbline Advisers grew its holdings in shares of Camping World by 20.9% during the 4th quarter. Rhumbline Advisers now owns 70,867 shares of the company's stock valued at $1,494,000 after purchasing an additional 12,266 shares during the last quarter. Institutional investors own 52.54% of the company's stock.

Insider Activity

In other news, President Matthew D. Wagner acquired 5,725 shares of the firm's stock in a transaction on Tuesday, March 4th. The stock was acquired at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the acquisition, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 35.60% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Baird R W lowered shares of Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Robert W. Baird lowered their target price 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. Citigroup raised their price target on Camping World from $16.00 to $21.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. JPMorgan Chase & Co. raised 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 research note on Thursday, May 1st. Finally, KeyCorp reaffirmed an "overweight" rating and issued a $18.00 target price (up from $16.00) on shares of Camping World in a research note on Friday. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $21.78.

Camping World Trading Up 3.6%

Camping World stock traded up $0.58 during mid-day trading on Tuesday, reaching $16.70. 3,397,681 shares of the company traded hands, compared to its average volume of 1,554,234. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. 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 $1.70 billion, a price-to-earnings ratio of -24.20, a P/E/G ratio of 0.92 and a beta of 2.13. The firm's 50 day moving average price is $14.61 and its 200 day moving average price is $19.31.

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 (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.07. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The company had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.43 billion. During the same quarter in the previous year, the company earned ($0.40) earnings per share. Camping World's quarterly revenue was up 3.6% on a year-over-year basis. On average, analysts anticipate that Camping World Holdings, Inc. will post -0.66 earnings per share for the current fiscal 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 given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.99%. The ex-dividend date of this dividend is Friday, June 13th. Camping World's dividend payout ratio is currently -108.70%.

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.