936,062 Shares in Camping World Holdings, Inc. (NYSE:CWH) Acquired by SG Capital Management LLC

SG Capital Management LLC bought a new position in Camping World Holdings, Inc. (NYSE:CWH - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 936,062 shares of the company's stock, valued at approximately $19,732,000. Camping World accounts for approximately 1.9% of SG Capital Management LLC's holdings, making the stock its 16th biggest position. SG Capital Management LLC owned about 1.10% of Camping World as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. raised its position in Camping World by 39.2% in the fourth quarter. Vanguard Group Inc. now owns 5,787,609 shares of the company's stock valued at $122,003,000 after purchasing an additional 1,630,307 shares during the period. Eminence Capital LP grew its stake in shares of Camping World by 6.9% during the fourth quarter. Eminence Capital LP now owns 4,110,205 shares of the company's stock valued at $86,643,000 after acquiring an additional 264,935 shares in the last quarter. Capital Research Global Investors grew its stake in shares of Camping World by 39.8% during the fourth quarter. Capital Research Global Investors now owns 3,422,710 shares of the company's stock valued at $72,151,000 after acquiring an additional 975,168 shares in the last quarter. Hood River Capital Management LLC acquired a new stake in shares of Camping World during the fourth quarter valued at about $62,142,000. Finally, Interval Partners LP grew its stake in shares of Camping World by 71.8% during the fourth quarter. Interval Partners LP now owns 2,875,845 shares of the company's stock valued at $60,623,000 after acquiring an additional 1,202,258 shares in the last quarter. 52.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, President Matthew D. Wagner bought 5,725 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The shares were purchased at an average price of $17.61 per share, with a total value of $100,817.25. Following the completion of the acquisition, the president now directly owns 300,640 shares in the company, valued at approximately $5,294,270.40. This trade represents a 1.94% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 35.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on CWH shares. Citigroup lifted their price target on Camping World from $16.00 to $21.00 and gave the stock a "buy" rating in a research note on Friday. JPMorgan Chase & Co. upgraded Camping World from a "neutral" rating to an "overweight" rating and decreased their price target for the stock from $23.00 to $21.00 in a research note on Thursday, May 1st. Baird R W cut shares of Camping World from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Truist Financial cut their target price on shares of Camping World from $28.00 to $16.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Monness Crespi & Hardt cut their target price on shares of Camping World from $30.00 to $20.00 and set a "buy" rating on the stock 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 stock. According to MarketBeat, Camping World currently has an average rating of "Moderate Buy" and a consensus price target of $21.56.

Camping World Stock Performance

Shares of CWH traded down $0.11 during mid-day trading on Monday, reaching $16.65. 2,143,961 shares of the company's stock traded hands, compared to its average volume of 1,511,490. The business's 50-day moving average price is $14.68 and its 200-day moving average price is $19.53. The stock has a market capitalization of $1.70 billion, a P/E ratio of -24.13, a price-to-earnings-growth ratio of 0.92 and a beta of 2.13. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. Camping World Holdings, Inc. has a 12 month low of $11.17 and a 12 month high of $25.97.

Camping World (NYSE:CWH - Get Free Report) last released 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 company 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.40) earnings per share. Equities analysts predict that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be issued a dividend of $0.125 per share. The ex-dividend date is Friday, June 13th. This represents a $0.50 annualized dividend and a yield of 3.00%. Camping World's payout ratio is -108.70%.

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.