Camping World Holdings, Inc. (NYSE:CWH) Shares Acquired by Cinctive Capital Management LP

Cinctive Capital Management LP lifted its holdings in Camping World Holdings, Inc. (NYSE:CWH) by 117.2% in the fourth quarter, Holdings Channel reports. The firm owned 125,031 shares of the company’s stock after buying an additional 67,459 shares during the period. Cinctive Capital Management LP’s holdings in Camping World were worth $2,636,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Blue Trust Inc. raised its stake in 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 buying an additional 1,014 shares during the last quarter. AlphaQuest LLC raised its position in shares of Camping World by 494.9% in the 4th quarter. AlphaQuest LLC now owns 7,865 shares of the company’s stock valued at $166,000 after purchasing an additional 6,543 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Camping World in the 4th quarter valued at approximately $226,000. Proficio Capital Partners LLC acquired a new stake in Camping World in the 4th quarter worth approximately $239,000. Finally, World Investment Advisors LLC acquired a new position in Camping World during the 3rd quarter valued at approximately $258,000. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on CWH. KeyCorp lowered their price objective on shares of Camping World from $27.00 to $22.00 and set an “overweight” rating for the company in a research note on Thursday, March 20th. Truist Financial raised their target price on 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 began coverage on Camping World in a research note on Thursday, December 19th. They set a “buy” rating and a $30.00 price target on the stock. Two investment 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 has a consensus rating of “Moderate Buy” and an average target price of $27.00.

Insider Transactions at Camping World

In other news, President Matthew D. Wagner purchased 5,725 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were purchased 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 approximately $5,294,270.40. This represents a 1.94 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 43.80% of the company’s stock.

Camping World Trading Up 3.7 %

NYSE CWH opened at $16.78 on Thursday. Camping World Holdings, Inc. has a 1 year low of $15.39 and a 1 year high of $27.50. 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 capitalization of $1.71 billion, a PE ratio of -24.32, a P/E/G ratio of 0.92 and a beta of 2.32. The company has a fifty day moving average of $19.92 and a 200 day moving average of $21.82.

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 the consensus estimate of ($0.55). The business had revenue of $1.20 billion during 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%. Research analysts forecast that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.

Camping World Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were given a $0.125 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.50 annualized dividend and a yield of 2.98%. Camping World’s dividend payout ratio is presently -65.79%.

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.