Lighthouse Investment Partners LLC Buys Shares of 353,580 Camping World Holdings, Inc. (NYSE:CWH)

Lighthouse Investment Partners LLC bought a new position in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 353,580 shares of the company's stock, valued at approximately $7,453,000. Lighthouse Investment Partners LLC owned approximately 0.42% of Camping World at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Blue Trust Inc. lifted its position in shares of Camping World by 195.0% in 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 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 worth $117,000 after buying an additional 1,390 shares in the last quarter. AlphaQuest LLC raised 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 buying an additional 6,543 shares in the last quarter. Aquatic Capital Management LLC purchased a new stake in Camping World during the fourth quarter valued at approximately $216,000. Finally, KLP Kapitalforvaltning AS purchased a new position in Camping World during the fourth quarter worth $226,000. Institutional investors own 52.54% of the company's stock.

Insider Activity

In other Camping World news, President Matthew D. Wagner acquired 5,725 shares of the business's stock in a transaction on Tuesday, March 4th. The stock was bought at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the acquisition, the president now owns 300,640 shares in the company, valued at approximately $5,294,270.40. The trade was a 1.94% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 35.60% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Citigroup boosted their price objective on Camping World from $16.00 to $21.00 and gave the company a "buy" rating in a report on Friday. Truist Financial dropped their price target on Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Baird R W downgraded shares of Camping World from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. KeyCorp cut their price target on Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, Monness Crespi & Hardt reduced their price objective 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 issued a buy rating to the stock. According to data from MarketBeat, Camping World has a consensus rating of "Moderate Buy" and a consensus price target of $21.56.

Camping World Stock Performance

CWH traded up $0.73 on Friday, reaching $16.76. 2,294,852 shares of the stock were exchanged, compared to its average volume of 1,502,673. Camping World Holdings, Inc. has a fifty-two week low of $11.17 and a fifty-two week high of $25.97. The firm has a market capitalization of $1.71 billion, a PE ratio of -24.29, a PEG ratio of 0.92 and a beta of 2.13. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. The company's 50-day moving average price is $14.67 and its 200 day moving average price is $19.63.

Camping World (NYSE:CWH - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported ($0.16) EPS for the quarter, topping the consensus estimate of ($0.23) by $0.07. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. Camping World's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period last year, the company earned ($0.40) earnings per share. As a group, sell-side analysts forecast 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. Stockholders of record on Friday, June 13th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.98%. Camping World's dividend payout ratio is currently -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.