Northern Trust Corp Purchases 154,111 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Northern Trust Corp grew its stake in Camping World Holdings, Inc. (NYSE:CWH - Free Report) by 39.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 543,709 shares of the company's stock after purchasing an additional 154,111 shares during the quarter. Northern Trust Corp owned about 0.64% of Camping World worth $11,461,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in CWH. Barclays PLC raised its stake in Camping World by 96.9% during the 3rd quarter. Barclays PLC now owns 317,052 shares of the company's stock worth $7,678,000 after buying an additional 156,055 shares during the period. Blue Trust Inc. raised its stake in shares of Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock valued at $32,000 after purchasing an additional 1,014 shares during the period. Econ Financial Services Corp acquired a new stake in shares of Camping World in the 4th quarter valued at about $1,070,000. Telos Capital Management Inc. raised its stake in shares of Camping World by 36.4% in the 4th quarter. Telos Capital Management Inc. now owns 15,000 shares of the company's stock valued at $316,000 after purchasing an additional 4,000 shares during the period. Finally, Rhumbline Advisers raised its stake in shares of Camping World by 20.9% in the 4th quarter. Rhumbline Advisers now owns 70,867 shares of the company's stock valued at $1,494,000 after purchasing an additional 12,266 shares during the period. Institutional investors and hedge funds 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 shares were acquired at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the acquisition, the president now owns 300,640 shares in the company, valued at $5,294,270.40. This trade represents a 1.94% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 35.60% of the company's stock.

Camping World Stock Performance

Shares of Camping World stock traded up $0.10 on Thursday, reaching $15.86. 2,621,423 shares of the company traded hands, compared to its average volume of 1,536,257. Camping World Holdings, Inc. has a 52 week low of $11.17 and a 52 week high of $25.97. The company has a 50 day moving average of $14.65 and a 200 day moving average of $19.46. The firm has a market capitalization of $1.62 billion, a PE ratio of -22.99, 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.

Camping World (NYSE:CWH - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported ($0.16) EPS for the quarter, beating analysts' consensus estimates of ($0.23) by $0.07. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same period in the previous year, the business earned ($0.40) EPS. The business's revenue for the quarter was up 3.6% on a year-over-year basis. Equities analysts forecast that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.

Camping World Dividend Announcement

The company also recently disclosed 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. This represents a $0.50 annualized dividend and a dividend yield of 3.15%. The ex-dividend date is Friday, June 13th. Camping World's dividend payout ratio (DPR) is -108.70%.

Wall Street Analyst Weigh In

Several research firms have issued reports on CWH. 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 note on Monday, April 14th. KeyCorp decreased their price objective on Camping World from $22.00 to $16.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Citigroup raised their price objective on Camping World from $16.00 to $21.00 and gave the company a "buy" rating in a report on Friday, May 16th. Monness Crespi & Hardt decreased their price objective on Camping World from $30.00 to $20.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Finally, Robert W. Baird decreased their price objective on Camping World from $18.00 to $15.00 and set a "neutral" rating for the company in a report on Thursday, May 1st. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, Camping World has a consensus rating of "Moderate Buy" and a consensus target price of $21.56.

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.