Swiss National Bank Purchases 28,200 Shares of Camping World Holdings, Inc. (NYSE:CWH)

Swiss National Bank boosted its position in Camping World Holdings, Inc. (NYSE:CWH) by 33.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 111,700 shares of the company’s stock after purchasing an additional 28,200 shares during the period. Swiss National Bank’s holdings in Camping World were worth $2,355,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CWH. Burkehill Global Management LP bought a new position in shares of Camping World in the fourth quarter valued at approximately $15,810,000. TradeLink Capital LLC bought a new position in Camping World in the 4th quarter valued at $299,000. AlphaQuest LLC increased its position in shares of Camping World by 494.9% during 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. Raymond James Financial Inc. bought a new stake in shares of Camping World during the 4th quarter worth $1,465,000. Finally, Arizona State Retirement System boosted its holdings in shares of Camping World by 33.6% in the 4th quarter. Arizona State Retirement System now owns 16,477 shares of the company’s stock worth $347,000 after buying an additional 4,148 shares during the last quarter. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Camping World Price Performance

Camping World stock opened at $17.44 on Friday. 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 one year low of $15.39 and a one year high of $28.33. The firm has a market capitalization of $1.78 billion, a P/E ratio of -25.28, a PEG ratio of 0.92 and a beta of 2.57. The business has a fifty day moving average price of $20.41 and a 200-day moving average price of $21.98.

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

Camping World Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were given a dividend of $0.125 per share. The ex-dividend date was Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.87%. Camping World’s dividend payout ratio (DPR) is currently -65.79%.

Insider Buying and Selling

In related news, President Matthew D. Wagner bought 5,725 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average cost of $17.61 per share, for a total transaction of $100,817.25. Following the completion of the transaction, the president now owns 300,640 shares of the company’s stock, valued at approximately $5,294,270.40. The trade was a 1.94 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 43.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

CWH has been the topic of several research reports. Bank of America began 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. Truist Financial upped their price objective on Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, February 10th. Finally, KeyCorp decreased their target price on Camping World from $27.00 to $22.00 and set an “overweight” rating for the company in a research report on Thursday, March 20th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $27.00.

Camping World 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.