SG Americas Securities LLC Acquires 39,939 Shares of Camping World $CWH

SG Americas Securities LLC increased its holdings in Camping World (NYSE:CWH) by 264.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,034 shares of the company’s stock after purchasing an additional 39,939 shares during the period. SG Americas Securities LLC owned approximately 0.05% of Camping World worth $869,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in CWH. Eminence Capital LP grew its stake in shares of Camping World by 123.3% in the 2nd quarter. Eminence Capital LP now owns 4,134,705 shares of the company’s stock valued at $71,076,000 after purchasing an additional 2,283,331 shares during the period. Walleye Capital LLC boosted its stake in Camping World by 807.5% in the 2nd quarter. Walleye Capital LLC now owns 587,149 shares of the company’s stock valued at $10,093,000 after buying an additional 522,449 shares in the last quarter. Balyasny Asset Management L.P. raised its stake in Camping World by 18.0% during the second quarter. Balyasny Asset Management L.P. now owns 3,221,271 shares of the company’s stock worth $55,374,000 after acquiring an additional 490,245 shares in the last quarter. BNP Paribas Financial Markets raised its stake in Camping World by 724.2% during the second quarter. BNP Paribas Financial Markets now owns 547,384 shares of the company’s stock worth $9,410,000 after acquiring an additional 480,967 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Camping World by 66.2% during the first quarter. Goldman Sachs Group Inc. now owns 889,377 shares of the company’s stock valued at $14,372,000 after acquiring an additional 354,333 shares during the period. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Stock Performance

Shares of Camping World stock opened at $13.63 on Tuesday. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.26 and a quick ratio of 0.27. The firm has a 50 day simple moving average of $10.77 and a 200 day simple moving average of $14.37. Camping World has a fifty-two week low of $9.49 and a fifty-two week high of $24.36. The firm has a market cap of $1.39 billion, a P/E ratio of -14.66 and a beta of 2.00.

Camping World (NYSE:CWH) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.10. The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.75 billion. Camping World had a positive return on equity of 3.80% and a negative net margin of 0.85%.The business’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the company earned $0.17 EPS. Sell-side analysts predict that Camping World will post -0.66 earnings per share for the current fiscal year.

Camping World Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Monday, December 15th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Monday, December 15th. Camping World’s dividend payout ratio (DPR) is presently -53.76%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. KeyCorp lowered their target price on shares of Camping World from $21.00 to $18.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. JPMorgan Chase & Co. decreased their price objective on shares of Camping World from $22.00 to $19.00 and set an “overweight” rating on the stock in a research note on Monday, November 3rd. Loop Capital initiated coverage on shares of Camping World in a research note on Friday, October 31st. They issued a “buy” rating and a $17.00 target price for the company. Raymond James Financial reduced their target price on Camping World from $18.00 to $15.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $22.00 price target on shares of Camping World in a report on Thursday, October 30th. Eight equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Camping World presently has a consensus rating of “Moderate Buy” and an average price target of $17.67.

About Camping World

Camping World Holdings, Inc (NYSE: CWH) is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.

Beyond RV sales and service, Camping World’s offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.