Graham Capital Management L.P. Purchases New Stake in Camping World Holdings, Inc. (NYSE:CWH)

Graham Capital Management L.P. acquired a new position in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 20,577 shares of the company's stock, valued at approximately $434,000.

Several other hedge funds have also made changes to their positions in the stock. Blue Trust Inc. increased its stake in Camping World by 195.0% in the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock valued at $32,000 after acquiring an additional 1,014 shares during the period. Summit Investment Advisors Inc. grew its stake in shares of 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 purchasing an additional 1,390 shares during the period. AlphaQuest LLC raised its holdings in shares of Camping World by 494.9% in the 4th quarter. AlphaQuest LLC now owns 7,865 shares of the company's stock worth $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 approximately $216,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in Camping World in the 4th quarter valued at $226,000. Institutional investors own 52.54% of the company's stock.

Camping World Stock Up 0.3%

CWH stock traded up $0.05 during mid-day trading on Thursday, reaching $15.81. The company had a trading volume of 359,023 shares, compared to its average volume of 2,058,059. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of -22.93, a PEG 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 stock has a 50 day simple moving average of $14.68 and a two-hundred day simple moving average of $19.49. 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 (NYSE:CWH - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported ($0.16) EPS for the quarter, beating the consensus estimate of ($0.23) by $0.07. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. The firm's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.40) EPS. As a group, equities analysts predict 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 declared a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date of this dividend is Friday, June 13th. Camping World's dividend payout ratio is currently -108.70%.

Analysts Set New Price Targets

Several research analysts have issued reports on CWH shares. Monness Crespi & Hardt dropped their price objective 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 dropped their target price on shares of Camping World from $28.00 to $16.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Citigroup boosted their price target on shares of Camping World from $16.00 to $21.00 and gave the company a "buy" rating in a research report on Friday, May 16th. JPMorgan Chase & Co. raised shares of Camping World from a "neutral" rating to an "overweight" rating and dropped their price objective for the stock from $23.00 to $21.00 in a report on Thursday, May 1st. Finally, Baird R W downgraded Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $21.56.

Insider Activity

In other news, President Matthew D. Wagner bought 5,725 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average cost of $17.61 per share, for a total transaction of $100,817.25. Following the purchase, the president now owns 300,640 shares of the company's stock, valued at approximately $5,294,270.40. This trade represents a 1.94% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 35.60% of the company's stock.

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.