Lighthouse Investment Partners LLC Purchases New Shares in 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 fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 353,580 shares of the company's stock, valued at approximately $7,453,000. Lighthouse Investment Partners LLC owned 0.42% of Camping World as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. grew its holdings in Camping World by 195.0% during the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock worth $32,000 after acquiring an additional 1,014 shares during the period. Summit Investment Advisors Inc. grew its holdings 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 buying an additional 1,390 shares during the period. AlphaQuest LLC grew 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 valued at $166,000 after buying an additional 6,543 shares during the period. Aquatic Capital Management LLC acquired a new position in shares of Camping World in the 4th quarter valued at $216,000. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Camping World in the 4th quarter valued at $226,000. Institutional investors and hedge funds own 52.54% of the company's stock.

Camping World Stock Up 4.6%

Shares of Camping World stock traded up $0.73 during trading hours on Friday, reaching $16.76. 2,294,852 shares of the company's stock were exchanged, compared to its average volume of 1,508,950. The stock has a market cap of $1.71 billion, a P/E ratio of -24.29, a P/E/G ratio of 0.92 and a beta of 2.13. The company has a 50 day moving average of $14.67 and a two-hundred day moving average of $19.56. 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 Holdings, Inc. has a fifty-two week low of $11.17 and a fifty-two week high of $25.97.

Camping World (NYSE:CWH - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported ($0.16) EPS for the quarter, beating the consensus estimate of ($0.23) by $0.07. The firm 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 quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.40) earnings per share. On average, 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 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. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.98%. Camping World's dividend payout ratio is -108.70%.

Insider Buying and Selling at Camping World

In other Camping World news, President Matthew D. Wagner bought 5,725 shares of Camping World stock in a transaction dated Tuesday, March 4th. The stock was bought 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 $5,294,270.40. The trade was a 1.94% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 35.60% of the company's stock.

Analyst Ratings Changes

CWH has been the subject of several research analyst reports. KeyCorp decreased their price target on shares of Camping World from $22.00 to $16.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Truist Financial decreased their price target on shares of Camping World from $28.00 to $16.00 and set a "buy" rating for the company in a report on Monday, April 14th. Robert W. Baird decreased their price target on shares of Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. Monness Crespi & Hardt reduced 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. Finally, JPMorgan Chase & Co. raised shares of Camping World from a "neutral" rating to an "overweight" rating and reduced their target price for the stock from $23.00 to $21.00 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 MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $21.56.

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.