University of Texas Texas AM Investment Management Co. Increases Holdings in Camping World Holdings, Inc. (NYSE:CWH)

University of Texas Texas AM Investment Management Co. boosted its holdings in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 85.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of CWH. Vanguard Group Inc. grew its stake in Camping World by 39.2% in the 4th quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock valued at $122,003,000 after acquiring an additional 1,630,307 shares during the period. Eminence Capital LP grew its holdings in shares of Camping World by 6.9% in the fourth quarter. Eminence Capital LP now owns 4,110,205 shares of the company's stock valued at $86,643,000 after purchasing an additional 264,935 shares during the period. Capital Research Global Investors increased its position in Camping World by 39.8% during the fourth quarter. Capital Research Global Investors now owns 3,422,710 shares of the company's stock worth $72,151,000 after purchasing an additional 975,168 shares during the last quarter. Hood River Capital Management LLC acquired a new stake in shares of Camping World during the 4th quarter worth approximately $62,142,000. Finally, Interval Partners LP raised its position in shares of Camping World by 71.8% during the 4th quarter. Interval Partners LP now owns 2,875,845 shares of the company's stock valued at $60,623,000 after buying an additional 1,202,258 shares during the period. 52.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Camping World

In other news, President Matthew D. Wagner purchased 5,725 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the purchase, the president now directly owns 300,640 shares of the company's stock, valued at $5,294,270.40. The trade was a 1.94% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 35.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Monness Crespi & Hardt cut their target price on Camping World from $30.00 to $20.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Truist Financial lowered 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. Citigroup boosted their price objective on shares of Camping World from $16.00 to $21.00 and gave the company a "buy" rating in a report on Friday, May 16th. JPMorgan Chase & Co. raised shares of Camping World from a "neutral" rating to an "overweight" rating and decreased their target price for the company from $23.00 to $21.00 in a research report on Thursday, May 1st. Finally, Baird R W cut shares of Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, Camping World presently has an average rating of "Moderate Buy" and an average price target of $21.78.

Camping World Trading Up 2.8%

NYSE:CWH traded up $0.46 on Wednesday, reaching $17.20. 715,048 shares of the company's stock were exchanged, compared to its average volume of 1,550,979. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of -24.93, a price-to-earnings-growth ratio of 0.92 and a beta of 2.13. Camping World Holdings, Inc. has a 52-week low of $11.17 and a 52-week high of $25.97. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The business has a fifty day moving average of $14.60 and a 200-day moving average of $19.29.

Camping World (NYSE:CWH - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported ($0.16) earnings per share for the quarter, beating analysts' consensus estimates of ($0.23) by $0.07. The firm 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 business's quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.40) earnings per share. As a group, analysts expect that Camping World Holdings, Inc. will post -0.66 earnings per share for the current 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 2.91%. The ex-dividend date is Friday, June 13th. Camping World's 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.