AlphaQuest LLC Grows Stock Holdings in Camping World Holdings, Inc. (NYSE:CWH)

AlphaQuest LLC grew its holdings in shares of Camping World Holdings, Inc. (NYSE:CWH) by 494.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 7,865 shares of the company’s stock after purchasing an additional 6,543 shares during the period. AlphaQuest LLC’s holdings in Camping World were worth $166,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Geode Capital Management LLC lifted its holdings in shares of Camping World by 4.5% during the third quarter. Geode Capital Management LLC now owns 978,330 shares of the company’s stock valued at $23,701,000 after purchasing an additional 41,705 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Camping World by 26.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 827,823 shares of the company’s stock worth $17,451,000 after acquiring an additional 175,554 shares during the last quarter. Citigroup Inc. raised its holdings in Camping World by 22.6% in the 3rd quarter. Citigroup Inc. now owns 360,258 shares of the company’s stock worth $8,725,000 after acquiring an additional 66,355 shares during the last quarter. Barclays PLC raised its holdings in Camping World by 96.9% in the 3rd quarter. Barclays PLC now owns 317,052 shares of the company’s stock worth $7,678,000 after acquiring an additional 156,055 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Camping World by 611.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 292,888 shares of the company’s stock worth $7,094,000 after acquiring an additional 251,748 shares during the last quarter. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on CWH shares. Truist Financial boosted their price objective on shares of Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Bank of America started coverage on shares of Camping World in a research note on Thursday, December 19th. They set a “buy” rating and a $30.00 target price for the company. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $27.71.

Camping World Trading Up 3.6 %

Shares of CWH stock opened at $16.65 on Monday. Camping World Holdings, Inc. has a 1 year low of $15.39 and a 1 year high of $28.33. The firm has a fifty day moving average price of $21.29 and a 200-day moving average price of $22.27. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. The company has a market cap of $1.70 billion, a price-to-earnings ratio of -24.14, a PEG ratio of 0.92 and a beta of 2.57.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Tuesday, February 25th. The company reported ($0.55) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.55). Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. As a group, equities analysts predict that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 14th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Friday, March 14th. Camping World’s dividend payout ratio is currently -65.79%.

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 stock was bought at an average price of $17.61 per share, with a total value of $100,817.25. Following the acquisition, the president now owns 300,640 shares of the company’s stock, valued at approximately $5,294,270.40. This represents a 1.94 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 43.80% of the stock is currently owned by insiders.

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.