A&I Financial Services LLC Purchases New Shares in Camping World Holdings, Inc. (NYSE:CWH)

A&I Financial Services LLC acquired a new position in shares of Camping World Holdings, Inc. (NYSE:CWH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 22,735 shares of the company’s stock, valued at approximately $479,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CWH. JPMorgan Chase & Co. grew its stake in shares of Camping World by 611.9% during the third quarter. JPMorgan Chase & Co. now owns 292,888 shares of the company’s stock valued at $7,094,000 after purchasing an additional 251,748 shares during the last quarter. Geode Capital Management LLC boosted its position in Camping World by 4.5% in the 3rd quarter. Geode Capital Management LLC now owns 978,330 shares of the company’s stock valued at $23,701,000 after buying an additional 41,705 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Camping World by 11.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company’s stock valued at $15,798,000 after buying an additional 65,798 shares during the period. Barclays PLC lifted its stake in shares of Camping World by 96.9% during the third quarter. Barclays PLC now owns 317,052 shares of the company’s stock valued at $7,678,000 after acquiring an additional 156,055 shares during the period. Finally, Wellington Management Group LLP acquired a new position in shares of Camping World during the third quarter valued at $2,578,000. Institutional investors and hedge funds own 52.54% of the company’s stock.

Wall Street Analyst Weigh In

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

Camping World Stock Down 5.3 %

Shares of NYSE CWH opened at $19.65 on Friday. 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 52-week low of $17.29 and a 52-week high of $28.72. The firm has a 50 day moving average price of $22.09 and a 200 day moving average price of $22.54. The stock has a market cap of $1.67 billion, a P/E ratio of -28.47, a P/E/G ratio of 0.92 and a beta of 2.49.

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

Camping World Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.50 annualized dividend and a dividend yield of 2.55%. Camping World’s dividend payout ratio is currently -72.46%.

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.