Russell Investments Group Ltd. Boosts Stake in Camping World Holdings, Inc. (NYSE:CWH)

Russell Investments Group Ltd. boosted its stake in Camping World Holdings, Inc. (NYSE:CWH) by 85.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 85,683 shares of the company’s stock after acquiring an additional 39,383 shares during the period. Russell Investments Group Ltd. owned 0.10% of Camping World worth $1,806,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in CWH. Camelot Portfolios LLC boosted its stake in Camping World by 3.7% in the 4th quarter. Camelot Portfolios LLC now owns 14,100 shares of the company’s stock worth $297,000 after purchasing an additional 500 shares during the period. Blue Trust Inc. grew its position in Camping World by 195.0% during the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock worth $32,000 after acquiring an additional 1,014 shares during the last quarter. Telos Capital Management Inc. boosted its position in Camping World by 36.4% during the 4th quarter. Telos Capital Management Inc. now owns 15,000 shares of the company’s stock valued at $316,000 after buying an additional 4,000 shares during the period. Arizona State Retirement System increased its holdings in Camping World by 33.6% during the 4th quarter. Arizona State Retirement System now owns 16,477 shares of the company’s stock valued at $347,000 after purchasing an additional 4,148 shares during the period. Finally, Handelsbanken Fonder AB lifted its holdings in Camping World by 48.5% in the 4th quarter. Handelsbanken Fonder AB now owns 14,700 shares of the company’s stock worth $310,000 after buying an additional 4,800 shares during the period. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Camping World Price Performance

NYSE CWH opened at $11.97 on Friday. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67. Camping World Holdings, Inc. has a 12 month low of $11.46 and a 12 month high of $25.97. The company’s 50 day moving average is $17.02 and its two-hundred day moving average is $20.72. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of -17.35, a PEG ratio of 0.92 and a beta of 2.32.

Camping World (NYSE:CWH) last posted its earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, meeting the consensus estimate of ($0.55). The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations 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, research analysts anticipate 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. Stockholders of record on Friday, March 14th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 4.18%. The ex-dividend date was Friday, March 14th. Camping World’s payout ratio is -65.79%.

Analyst Upgrades and Downgrades

CWH has been the topic of a number of research analyst reports. Robert W. Baird reissued a “neutral” rating and set a $18.00 price objective (down from $28.00) on shares of Camping World in a research report on Friday, April 4th. KeyCorp dropped their price objective on shares of Camping World from $22.00 to $16.00 and set an “overweight” rating on the stock in a research note on Thursday. Baird R W downgraded shares of Camping World from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 4th. Finally, Truist Financial decreased their target price on Camping World from $28.00 to $16.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Camping World has a consensus rating of “Moderate Buy” and a consensus target price of $23.63.

Insider Buying and Selling at Camping World

In related news, President Matthew D. Wagner purchased 5,725 shares of Camping World stock in a transaction that occurred on Tuesday, March 4th. The shares were bought at an average price of $17.61 per share, with a total value of $100,817.25. Following the purchase, the president now directly 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 35.60% of the company’s stock.

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.