New York State Common Retirement Fund Buys 6,200 Shares of Camping World Holdings, Inc. (NYSE:CWH)

New York State Common Retirement Fund boosted its stake in Camping World Holdings, Inc. (NYSE:CWH) by 53.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,753 shares of the company’s stock after purchasing an additional 6,200 shares during the quarter. New York State Common Retirement Fund’s holdings in Camping World were worth $374,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in CWH. Creative Planning boosted its position in shares of Camping World by 8.7% in the third quarter. Creative Planning now owns 11,133 shares of the company’s stock valued at $270,000 after acquiring an additional 892 shares during the period. Verdence Capital Advisors LLC grew its position in shares of Camping World by 1.6% during the 3rd quarter. Verdence Capital Advisors LLC now owns 62,603 shares of the company’s stock valued at $1,516,000 after purchasing an additional 965 shares in the last quarter. Blue Trust Inc. increased its holdings 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 worth $32,000 after purchasing an additional 1,014 shares during the period. Quest Partners LLC raised its position in shares of Camping World by 5,647.8% in the third quarter. Quest Partners LLC now owns 1,322 shares of the company’s stock worth $32,000 after buying an additional 1,299 shares in the last quarter. Finally, Telos Capital Management Inc. boosted its stake in Camping World by 36.4% during the fourth quarter. Telos Capital Management Inc. now owns 15,000 shares of the company’s stock valued at $316,000 after buying an additional 4,000 shares during the period. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Camping World Stock Down 4.1 %

Shares of CWH opened at $17.91 on Wednesday. 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 1 year low of $17.00 and a 1 year high of $28.72. The stock has a 50 day simple moving average of $21.99 and a two-hundred day simple moving average of $22.55. The firm has a market cap of $1.52 billion, a P/E ratio of -25.96, a P/E/G ratio of 0.92 and a beta of 2.49.

Camping World (NYSE:CWH) last announced its quarterly earnings results on Tuesday, February 25th. The company reported ($0.55) EPS for the quarter, hitting analysts’ consensus estimates of ($0.55). The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.13 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. On average, analysts forecast that Camping World Holdings, Inc. will post -0.66 earnings per share for the current fiscal year.

Camping World Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.79%. The ex-dividend date of this dividend is Friday, March 14th. Camping World’s dividend payout ratio (DPR) is currently -65.79%.

Wall Street Analysts Forecast Growth

CWH has been the topic of a number of research analyst reports. StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Bank of America initiated coverage on shares of Camping World in a research report on Thursday, December 19th. They issued a “buy” rating and a $30.00 price objective on the stock. Finally, Truist Financial lifted their target price on shares of Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $27.71.

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.