Raymond James Financial Inc. Makes New $1.47 Million Investment in Camping World Holdings, Inc. (NYSE:CWH)

Raymond James Financial Inc. bought a new position in Camping World Holdings, Inc. (NYSE:CWH - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 69,485 shares of the company's stock, valued at approximately $1,465,000. Raymond James Financial Inc. owned approximately 0.08% of Camping World at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Camping World by 39.2% in the fourth quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock worth $122,003,000 after purchasing an additional 1,630,307 shares in the last quarter. Geode Capital Management LLC lifted its position in Camping World by 31.4% during the 4th quarter. Geode Capital Management LLC now owns 1,285,271 shares of the company's stock worth $27,100,000 after buying an additional 306,941 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Camping World by 26.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 827,823 shares of the company's stock valued at $17,451,000 after acquiring an additional 175,554 shares in the last quarter. Burkehill Global Management LP bought a new position in shares of Camping World in the fourth quarter worth about $15,810,000. Finally, Norges Bank acquired a new position in shares of Camping World during the fourth quarter worth approximately $10,847,000. 52.54% of the stock is currently owned by institutional investors.

Insider Activity at Camping World

In other Camping World news, President Matthew D. Wagner acquired 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 directly owns 300,640 shares in the company, valued at approximately $5,294,270.40. This represents a 1.94 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 35.60% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Truist Financial lowered 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. Baird R W downgraded Camping World from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Robert W. Baird decreased their price target on Camping World from $18.00 to $15.00 and set a "neutral" rating on the stock in a report on Thursday, May 1st. KeyCorp dropped 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. Finally, JPMorgan Chase & Co. raised shares of Camping World from a "neutral" rating to an "overweight" rating and reduced their target price for the company from $23.00 to $21.00 in a research note on Thursday, May 1st. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $21.63.

Camping World Trading Up 1.2 %

Shares of NYSE CWH traded up $0.17 during midday trading on Thursday, reaching $13.94. 186,539 shares of the stock were exchanged, compared to its average volume of 1,930,604. 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 Holdings, Inc. has a 12 month low of $11.17 and a 12 month high of $25.97. The business has a 50-day simple moving average of $14.91 and a two-hundred day simple moving average of $19.85. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of -20.20, a P/E/G ratio of 0.92 and a beta of 2.13.

Camping World (NYSE:CWH - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The business's revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.40) earnings per share. As a group, equities research analysts expect that Camping World Holdings, Inc. will post -0.66 EPS for the current year.

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 14th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 3.59%. The ex-dividend date was Friday, March 14th. Camping World's payout ratio is -108.70%.

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.