Point72 DIFC Ltd Makes New $50,000 Investment in Camping World Holdings, Inc. (NYSE:CWH)

Point72 DIFC Ltd purchased a new stake in shares of Camping World Holdings, Inc. (NYSE:CWH) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,807 shares of the company’s stock, valued at approximately $50,000.

Several other institutional investors and hedge funds also recently made changes to their positions in CWH. Eminence Capital LP purchased a new stake in Camping World during the 4th quarter valued at $37,451,000. Interval Partners LP boosted its position in shares of Camping World by 98.9% during the first quarter. Interval Partners LP now owns 2,001,753 shares of the company’s stock valued at $55,749,000 after buying an additional 995,096 shares during the last quarter. Capital Research Global Investors increased its holdings in Camping World by 31.2% in the 1st quarter. Capital Research Global Investors now owns 2,159,037 shares of the company’s stock worth $60,129,000 after buying an additional 513,320 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in Camping World in the 1st quarter worth about $9,403,000. Finally, Castleark Management LLC bought a new position in Camping World during the 1st quarter valued at about $5,028,000. Institutional investors own 52.54% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Marcus Lemonis sold 125,000 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $22.84, for a total value of $2,855,000.00. Following the transaction, the chief executive officer now directly owns 155,268 shares in the company, valued at $3,546,321.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 43.80% of the stock is currently owned by company insiders.

Camping World Trading Down 2.6 %

NYSE:CWH opened at $24.53 on Friday. Camping World Holdings, Inc. has a one year low of $16.18 and a one year high of $28.72. The business has a fifty day moving average price of $21.91 and a 200-day moving average price of $21.70. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of -613.25 and a beta of 2.47. The company has a debt-to-equity ratio of 10.08, a current ratio of 1.19 and a quick ratio of 0.19.

Camping World (NYSE:CWH) last released its earnings results on Wednesday, July 31st. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.10). The firm had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Camping World had a negative return on equity of 10.04% and a negative net margin of 0.22%. The company’s revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 earnings per share. Sell-side analysts forecast that Camping World Holdings, Inc. will post -0.6 EPS for the current year.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Friday, September 13th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend was Friday, September 13th. Camping World’s dividend payout ratio (DPR) is -1,250.00%.

Analyst Ratings Changes

A number of analysts have recently commented on CWH shares. Truist Financial lifted 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 Friday, September 20th. Roth Mkm cut their target price on shares of Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Monness Crespi & Hardt increased their price target on Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a report on Friday. Finally, KeyCorp cut their price objective on Camping World from $26.00 to $25.00 and set an “overweight” rating for the company in a report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Camping World presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.57.

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.