TCG Advisory Services LLC Takes Position in Camping World Holdings, Inc. (NYSE:CWH)

TCG Advisory Services LLC acquired a new position in shares of Camping World Holdings, Inc. (NYSE:CWH - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 83,886 shares of the company's stock, valued at approximately $2,203,000. TCG Advisory Services LLC owned 0.10% of Camping World at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of CWH. Selway Asset Management purchased a new position in Camping World during the third quarter worth about $55,000. SG Americas Securities LLC acquired a new position in Camping World during the fourth quarter worth $207,000. Moors & Cabot Inc. raised its position in Camping World by 13.5% in the third quarter. Moors & Cabot Inc. now owns 9,802 shares of the company's stock worth $200,000 after acquiring an additional 1,164 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Camping World by 27.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,435 shares of the company's stock valued at $213,000 after acquiring an additional 2,229 shares during the period. Finally, Axxcess Wealth Management LLC purchased a new stake in shares of Camping World during the 3rd quarter worth $215,000. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Camping World Price Performance

Shares of NYSE:CWH traded down $0.03 on Friday, hitting $20.10. The company had a trading volume of 2,091,355 shares, compared to its average volume of 1,135,218. The company has a current ratio of 1.21, a quick ratio of 0.16 and a debt-to-equity ratio of 7.55. The company has a market cap of $1.70 billion, a PE ratio of -502.37 and a beta of 2.67. Camping World Holdings, Inc. has a 52-week low of $16.18 and a 52-week high of $32.88. The business has a 50 day moving average of $24.89 and a 200 day moving average of $23.83.

Camping World (NYSE:CWH - Get Free Report) last released its earnings results on Wednesday, February 21st. The company reported ($0.53) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.59) by $0.06. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.15 billion. Camping World had a net margin of 0.09% and a negative return on equity of 2.16%. The firm's quarterly revenue was down 13.4% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.33) EPS. As a group, equities analysts anticipate that Camping World Holdings, Inc. will post 1.06 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, March 14th were paid a $0.125 dividend. The ex-dividend date was Wednesday, March 13th. This represents a $0.50 annualized dividend and a yield of 2.49%. Camping World's payout ratio is currently -1,249.69%.

Insider Buying and Selling at Camping World

In other news, CEO Marcus Lemonis sold 100,000 shares of the firm's stock in a transaction on Friday, March 15th. The stock was sold at an average price of $25.63, for a total transaction of $2,563,000.00. Following the sale, the chief executive officer now owns 405,268 shares in the company, valued at $10,387,018.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 43.80% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. KeyCorp reduced their price objective on shares of Camping World from $30.00 to $26.00 and set an "overweight" rating for the company in a research note on Friday. StockNews.com upgraded shares of Camping World from a "sell" rating to a "hold" rating in a research report on Thursday. Roth Mkm restated a "buy" rating and issued a $28.00 price target (down previously from $30.00) on shares of Camping World in a report on Friday. Stephens reaffirmed an "overweight" rating and set a $28.00 price objective (up from $26.00) on shares of Camping World in a report on Wednesday, January 17th. Finally, Truist Financial decreased their target price on Camping World from $30.00 to $28.00 and set a "buy" rating on the stock in a research report on Friday. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, Camping World currently has a consensus rating of "Moderate Buy" and a consensus price target of $29.91.

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.