Interval Partners LP Grows Stock Position in Camping World Holdings, Inc. (NYSE:CWH)

Interval Partners LP raised its holdings in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 71.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,875,845 shares of the company's stock after buying an additional 1,202,258 shares during the quarter. Camping World comprises about 1.2% of Interval Partners LP's holdings, making the stock its 18th largest position. Interval Partners LP owned 3.38% of Camping World worth $60,623,000 at the end of the most recent quarter.

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

Camping World Trading Down 0.4%

Shares of CWH traded down $0.06 during midday trading on Wednesday, reaching $16.48. The company had a trading volume of 181,570 shares, compared to its average volume of 1,480,118. Camping World Holdings, Inc. has a 1-year low of $11.17 and a 1-year high of $25.97. The stock has a market cap of $1.68 billion, a PE ratio of -23.79, a price-to-earnings-growth ratio of 0.92 and a beta of 2.13. The firm has a 50 day simple moving average of $14.73 and a 200-day simple moving average of $19.71. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67.

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 for the quarter, beating 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 firm's revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.40) earnings per share. Research analysts forecast that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.

Camping World Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.03%. The ex-dividend date of this dividend was Friday, March 14th. Camping World's payout ratio is -108.70%.

Insiders Place Their Bets

In other news, President Matthew D. Wagner bought 5,725 shares of the stock in a transaction on Tuesday, March 4th. The shares were bought at an average price of $17.61 per share, with a total value of $100,817.25. Following the completion of the acquisition, 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 ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 35.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Robert W. Baird dropped their price objective on Camping World from $18.00 to $15.00 and set a "neutral" rating on the stock in a research report on Thursday, May 1st. Baird R W lowered Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. JPMorgan Chase & Co. raised Camping World from a "neutral" rating to an "overweight" rating and cut their price objective for the company from $23.00 to $21.00 in a report on Thursday, May 1st. Monness Crespi & Hardt lowered their target price 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. Finally, KeyCorp dropped their price objective on Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $21.63.

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.