Voleon Capital Management LP Takes $632,000 Position in Camping World Holdings, Inc. (NYSE:CWH)

Voleon Capital Management LP bought a new stake in Camping World Holdings, Inc. (NYSE:CWH - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 30,003 shares of the company's stock, valued at approximately $632,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Blue Trust Inc. boosted its position in shares of Camping World by 195.0% in the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company's stock valued at $32,000 after acquiring an additional 1,014 shares during the period. Summit Investment Advisors Inc. boosted its holdings in shares of Camping World by 33.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company's stock worth $117,000 after purchasing an additional 1,390 shares in the last quarter. AlphaQuest LLC grew its position in Camping World by 494.9% during the fourth quarter. AlphaQuest LLC now owns 7,865 shares of the company's stock valued at $166,000 after acquiring an additional 6,543 shares during the last quarter. Aquatic Capital Management LLC purchased a new position in Camping World in the 4th quarter worth $216,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in Camping World during the 4th quarter valued at $226,000. Institutional investors own 52.54% of the company's stock.

Insiders Place Their Bets

In related news, President Matthew D. Wagner acquired 5,725 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average cost of $17.61 per share, with a total value of $100,817.25. Following the transaction, the president now directly owns 300,640 shares of the company's stock, valued at $5,294,270.40. This trade represents a 1.94 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 35.60% of the company's stock.

Wall Street Analysts Forecast Growth

CWH has been the topic of several recent analyst reports. KeyCorp cut their price target on shares of Camping World from $22.00 to $16.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Baird R W downgraded shares of Camping World from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. JPMorgan Chase & Co. upgraded Camping World from a "neutral" rating to an "overweight" rating and reduced their target price for the stock from $23.00 to $21.00 in a report on Thursday, May 1st. Monness Crespi & Hardt lowered their target price on Camping World from $30.00 to $20.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Finally, Robert W. Baird reduced their price target on Camping World from $18.00 to $15.00 and set a "neutral" rating on the stock in a research note on Thursday, May 1st. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, Camping World has a consensus rating of "Moderate Buy" and a consensus price target of $21.63.

Camping World Price Performance

NYSE CWH traded down $0.06 during trading hours on Wednesday, reaching $13.83. The company's stock had a trading volume of 419,788 shares, compared to its average volume of 1,420,436. The firm's 50-day moving average price is $15.02 and its 200-day moving average price is $19.89. Camping World Holdings, Inc. has a 1 year low of $11.17 and a 1 year high of $25.97. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of -20.12, a PEG ratio of 0.92 and a beta of 2.13. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67.

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, topping the consensus estimate 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 company had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.43 billion. During the same quarter in the previous year, the business posted ($0.40) earnings per share. Camping World's quarterly revenue was up 3.6% on a year-over-year basis. On average, equities research analysts predict that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 14th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a yield of 3.62%. Camping World's payout ratio is -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.