SG Americas Securities LLC Makes New Investment in Camping World Holdings, Inc. (NYSE:CWH)

SG Americas Securities LLC acquired a new stake in Camping World Holdings, Inc. (NYSE:CWH) during the fourth quarter, Holdings Channel.com reports. The firm acquired 7,896 shares of the company’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in shares of Camping World in the 2nd quarter valued at about $28,000. IFP Advisors Inc lifted its stake in shares of Camping World by 932.8% in the 3rd quarter. IFP Advisors Inc now owns 1,291 shares of the company’s stock valued at $26,000 after purchasing an additional 1,166 shares during the period. Selway Asset Management acquired a new position in shares of Camping World in the 3rd quarter valued at about $55,000. Ensign Peak Advisors Inc acquired a new position in shares of Camping World in the 3rd quarter valued at about $70,000. Finally, Ameritas Investment Partners Inc. lifted its stake in shares of Camping World by 19.6% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,454 shares of the company’s stock valued at $104,000 after purchasing an additional 567 shares during the period. 52.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Camping World

In related news, CEO Marcus Lemonis sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $25.63, for a total value of $2,563,000.00. Following the transaction, the chief executive officer now owns 405,268 shares in the company, valued at $10,387,018.84. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 47.50% of the stock is owned by company insiders.

Camping World Price Performance

Shares of NYSE CWH opened at $23.37 on Friday. Camping World Holdings, Inc. has a twelve month low of $16.18 and a twelve month high of $32.88. The company has a quick ratio of 0.16, a current ratio of 1.21 and a debt-to-equity ratio of 7.55. The stock’s 50 day moving average price is $26.06 and its 200-day moving average price is $23.49. The company has a market capitalization of $1.98 billion, a PE ratio of 44.94 and a beta of 2.60.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Wednesday, February 21st. The company reported ($0.53) EPS for the quarter, beating the consensus estimate of ($0.59) by $0.06. Camping World had a return on equity of 16.62% and a net margin of 0.50%. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the business earned ($0.33) earnings per share. Camping World’s revenue for the quarter was down 13.4% on a year-over-year basis. On average, equities analysts anticipate that Camping World Holdings, Inc. will post 1.06 EPS for the current year.

Camping World Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, March 14th were paid a $0.125 dividend. The ex-dividend date was Wednesday, March 13th. This represents a $0.50 annualized dividend and a yield of 2.14%. Camping World’s payout ratio is 96.16%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. StockNews.com downgraded Camping World from a “hold” rating to a “sell” rating in a research note on Friday, February 23rd. Truist Financial boosted their target price on Camping World from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, January 9th. Stephens reaffirmed an “overweight” rating and issued a $28.00 target price (up from $26.00) on shares of Camping World in a research report on Wednesday, January 17th. Citigroup boosted their target price on Camping World from $26.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, January 23rd. Finally, KeyCorp boosted their price objective on Camping World from $25.00 to $30.00 and gave the stock an “overweight” rating in a report on Friday, January 12th. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $30.64.

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.