Wellington Management Group LLP Purchases 88,337 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Wellington Management Group LLP increased its stake in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 83.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 194,780 shares of the company's stock after buying an additional 88,337 shares during the quarter. Wellington Management Group LLP owned 0.19% of Camping World worth $4,106,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of CWH. Blue Trust Inc. increased its stake in Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock valued at $32,000 after buying an additional 1,014 shares during the last quarter. Mpwm Advisory Solutions LLC bought a new position in shares of Camping World in the fourth quarter valued at approximately $63,000. Sandia Investment Management LP purchased a new stake in shares of Camping World during the fourth quarter valued at approximately $105,000. Summit Investment Advisors Inc. lifted its holdings in Camping World by 33.4% during the fourth 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. Finally, AlphaQuest LLC boosted its position in Camping World by 494.9% in the fourth quarter. AlphaQuest LLC now owns 7,865 shares of the company's stock worth $166,000 after purchasing an additional 6,543 shares during the last quarter. Institutional investors own 52.54% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CWH. Monness Crespi & Hardt decreased their target price 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. 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. Robert W. Baird dropped their target price on shares of Camping World from $18.00 to $15.00 and set a "neutral" rating on the stock in a research note on Thursday, May 1st. Truist Financial increased their target price 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. Finally, KeyCorp reaffirmed an "overweight" rating and issued a $18.00 price target (up previously from $16.00) on shares of Camping World in a report on Friday, May 23rd. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $22.22.

Camping World Stock Performance

Camping World stock traded up $0.23 during mid-day trading on Friday, reaching $18.00. The company's stock had a trading volume of 2,244,774 shares, compared to its average volume of 1,607,219. The company has a market capitalization of $1.84 billion, a P/E ratio of -26.09, a PEG ratio of 0.92 and a beta of 1.88. The firm's fifty day moving average price is $14.65 and its two-hundred day moving average price is $18.91. Camping World Holdings, Inc. has a 12-month low of $11.17 and a 12-month high of $25.97. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23.

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. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. The company had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.43 billion. During the same period in the previous year, the business earned ($0.40) earnings per share. The firm's quarterly revenue was up 3.6% compared to the same quarter last year. Sell-side analysts predict that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.

Camping World Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date is Friday, June 13th. Camping World's 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.