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

Raymond James Financial Inc. bought a new stake in Camping World Holdings, Inc. (NYSE:CWH - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC grew its stake in Camping World by 96.9% in the third quarter. Barclays PLC now owns 317,052 shares of the company's stock valued at $7,678,000 after purchasing an additional 156,055 shares in the last quarter. World Investment Advisors LLC acquired a new position in shares of Camping World in the third quarter valued at about $258,000. JPMorgan Chase & Co. boosted its stake in shares of Camping World by 611.9% in the third quarter. JPMorgan Chase & Co. now owns 292,888 shares of the company's stock valued at $7,094,000 after buying an additional 251,748 shares during the period. Blue Trust Inc. grew its holdings in shares of 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 purchasing an additional 1,014 shares in the last quarter. Finally, Econ Financial Services Corp acquired a new position in Camping World during the fourth quarter valued at approximately $1,070,000. Institutional investors own 52.54% of the company's stock.

Insider Transactions at Camping World

In related news, President Matthew D. Wagner acquired 5,725 shares of the business's stock in a transaction dated Tuesday, March 4th. The shares were purchased 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 directly owns 300,640 shares in the company, valued at $5,294,270.40. The trade was a 1.94 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 35.60% of the company's stock.

Analyst Upgrades and Downgrades

CWH has been the topic of several research analyst reports. Truist Financial cut their target price 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. KeyCorp cut their target price on shares of Camping World from $22.00 to $16.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Baird R W downgraded shares of Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. JPMorgan Chase & Co. raised shares of Camping World from a "neutral" rating to an "overweight" rating and dropped their price objective for the stock from $23.00 to $21.00 in a report on Thursday, May 1st. Finally, Monness Crespi & Hardt reduced their price target on shares of Camping World from $30.00 to $20.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $21.63.

Camping World Stock Down 0.6 %

Shares of CWH traded down $0.09 during midday trading on Tuesday, reaching $13.88. 4,820,623 shares of the stock were exchanged, compared to its average volume of 1,424,048. Camping World Holdings, Inc. has a 52 week low of $11.17 and a 52 week high of $25.97. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. The company has a market capitalization of $1.42 billion, a P/E ratio of -20.11, a PEG ratio of 0.92 and a beta of 2.13. The company's 50 day moving average is $15.14 and its two-hundred day moving average is $19.93.

Camping World (NYSE:CWH - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.07. The business had revenue of $1.41 billion for 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 revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the firm earned ($0.40) EPS. On average, sell-side analysts anticipate that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.

Camping World Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date was Friday, March 14th. 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.