Camping World Holdings, Inc. (NYSE:CWH) Shares Sold by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC cut its holdings in shares of Camping World Holdings, Inc. (NYSE:CWH) by 75.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,452 shares of the company’s stock after selling 10,629 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Camping World were worth $73,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in CWH. MetLife Investment Management LLC lifted its holdings in shares of Camping World by 39.2% during the 4th quarter. MetLife Investment Management LLC now owns 33,969 shares of the company’s stock worth $716,000 after acquiring an additional 9,564 shares during the period. Capital Research Global Investors boosted its holdings in shares of Camping World by 39.8% in the 4th quarter. Capital Research Global Investors now owns 3,422,710 shares of the company’s stock valued at $72,151,000 after purchasing an additional 975,168 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Camping World by 17.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 895,931 shares of the company’s stock valued at $18,886,000 after purchasing an additional 133,304 shares during the last quarter. Marshall Wace LLP grew its stake in shares of Camping World by 190.3% during the 4th quarter. Marshall Wace LLP now owns 118,543 shares of the company’s stock valued at $2,499,000 after buying an additional 77,710 shares during the period. Finally, Jump Financial LLC acquired a new stake in shares of Camping World during the 4th quarter worth $1,476,000. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Trading Up 2.3 %

Shares of NYSE CWH opened at $14.80 on Friday. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The stock’s 50 day moving average price is $14.76 and its two-hundred day moving average price is $19.75. Camping World Holdings, Inc. has a 52-week low of $11.17 and a 52-week high of $25.97. The stock has a market capitalization of $1.51 billion, a P/E ratio of -21.45, a PEG ratio of 0.92 and a beta of 2.13.

Camping World (NYSE:CWH) last posted its quarterly 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. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period in the prior year, the company posted ($0.40) EPS. The business’s revenue was up 3.6% compared to the same quarter last year. On average, analysts anticipate that Camping World Holdings, Inc. will post -0.66 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The firm 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 annualized dividend and a dividend yield of 3.38%. The ex-dividend date of this dividend was Friday, March 14th. Camping World’s dividend payout ratio (DPR) is presently -108.70%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CWH shares. JPMorgan Chase & Co. raised Camping World from a “neutral” rating to an “overweight” rating and lowered their price target for the company from $23.00 to $21.00 in a research report on Thursday, May 1st. Robert W. Baird decreased their target price on Camping World from $18.00 to $15.00 and set a “neutral” rating for the company in a report on Thursday, May 1st. Baird R W lowered shares of Camping World from a “strong-buy” rating to a “hold” rating in a report on Friday, April 4th. Truist Financial dropped their price objective on shares of Camping World from $28.00 to $16.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Finally, Monness Crespi & Hardt reduced 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 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 MarketBeat, Camping World currently has a consensus rating of “Moderate Buy” and an average price target of $21.63.

Insider Activity at Camping World

In related news, President Matthew D. Wagner bought 5,725 shares of the stock in a transaction dated Tuesday, March 4th. The stock was bought at an average cost of $17.61 per share, with a total value of $100,817.25. Following the completion of the acquisition, the president now owns 300,640 shares of the company’s stock, valued at $5,294,270.40. This trade represents a 1.94 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 35.60% of the company’s stock.

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.