Graham Capital Management L.P. Makes New $434,000 Investment in Camping World Holdings, Inc. (NYSE:CWH)

Graham Capital Management L.P. bought a new position in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 20,577 shares of the company's stock, valued at approximately $434,000.

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

Insider Activity at Camping World

In related news, President Matthew D. Wagner purchased 5,725 shares of the stock in a transaction dated Tuesday, March 4th. The stock was bought at an average cost of $17.61 per share, with a total value of $100,817.25. Following the purchase, the president now directly owns 300,640 shares in the company, valued at $5,294,270.40. The trade was a 1.94% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 35.60% of the stock is currently owned by corporate insiders.

Camping World Trading Up 1.2%

Shares of CWH traded up $0.20 during trading hours on Tuesday, hitting $16.86. 2,760,610 shares of the stock traded hands, compared to its average volume of 1,516,469. The business has a fifty day moving average of $14.68 and a 200-day moving average of $19.53. The firm has a market capitalization of $1.72 billion, a PE ratio of -24.43, a price-to-earnings-growth ratio of 0.92 and a beta of 2.13. Camping World Holdings, Inc. has a 1-year low of $11.17 and a 1-year high of $25.97. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67.

Camping World (NYSE:CWH - Get Free Report) last issued its 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. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The company's revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the firm earned ($0.40) EPS. Analysts expect that Camping World Holdings, Inc. will post -0.66 EPS for the current year.

Camping World Announces Dividend

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 paid a dividend of $0.125 per share. The ex-dividend date is Friday, June 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.97%. Camping World's dividend payout ratio (DPR) is presently -108.70%.

Analysts Set New Price Targets

CWH has been the topic of several analyst reports. Monness Crespi & Hardt lowered their price objective on Camping World from $30.00 to $20.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. KeyCorp cut their price objective on Camping World from $22.00 to $16.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. 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. Truist Financial reduced their price target on shares of Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Citigroup raised their price objective on shares of Camping World from $16.00 to $21.00 and gave the stock a "buy" rating in a report on Friday. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $21.56.

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.