Interval Partners LP Buys 1,202,258 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Interval Partners LP boosted its holdings in Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 71.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,875,845 shares of the company's stock after purchasing an additional 1,202,258 shares during the period. Camping World comprises about 1.2% of Interval Partners LP's portfolio, making the stock its 18th largest holding. Interval Partners LP owned 3.38% of Camping World worth $60,623,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Camping World by 39.2% during the 4th quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock worth $122,003,000 after buying an additional 1,630,307 shares in the last quarter. Eminence Capital LP increased its position 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 acquiring an additional 264,935 shares during the last quarter. Capital Research Global Investors raised its holdings 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 acquiring an additional 975,168 shares in the last quarter. Hood River Capital Management LLC bought a new stake in Camping World during the fourth quarter worth about $62,142,000. Finally, Alyeska Investment Group L.P. acquired a new position in Camping World during the fourth quarter valued at approximately $33,698,000. Institutional investors own 52.54% of the company's stock.

Camping World Stock Performance

Shares of CWH stock traded up $0.73 during midday trading on Friday, hitting $16.76. 2,294,852 shares of the company were exchanged, compared to its average volume of 1,502,673. 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 $1.71 billion, a P/E ratio of -24.29, a PEG ratio of 0.92 and a beta of 2.13. The firm's 50 day moving average price is $14.67 and its two-hundred day moving average price is $19.63. 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 issued its quarterly earnings data on Tuesday, April 29th. The company reported ($0.16) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.23) by $0.07. The company had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.43 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. The business's revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.40) earnings per share. As a group, equities research analysts anticipate that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.

Camping World Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date is Friday, June 13th. Camping World's dividend payout ratio is -108.70%.

Wall Street Analysts Forecast Growth

CWH has been the topic of several recent analyst reports. Baird R W lowered Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Truist Financial lowered their target price on shares of Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Citigroup increased their price target on shares of Camping World from $16.00 to $21.00 and gave the company a "buy" rating in a research note on Friday. JPMorgan Chase & Co. raised shares of Camping World from a "neutral" rating to an "overweight" rating and decreased their price objective for the company from $23.00 to $21.00 in a research report on Thursday, May 1st. Finally, Monness Crespi & Hardt cut their target price on shares of Camping World from $30.00 to $20.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $21.56.

Insiders Place Their Bets

In other Camping World news, President Matthew D. Wagner purchased 5,725 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The shares were acquired at an average cost of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the purchase, the president now owns 300,640 shares of the company's stock, valued at approximately $5,294,270.40. The trade was a 1.94% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 35.60% of the company's stock.

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.