Burney Co. Increases Stock Holdings in Camping World $CWH

Burney Co. increased its holdings in Camping World (NYSE:CWHFree Report) by 107.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 201,614 shares of the company’s stock after acquiring an additional 104,569 shares during the quarter. Burney Co. owned about 0.20% of Camping World worth $1,962,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Capital Research Global Investors raised its holdings in Camping World by 15.5% in the third quarter. Capital Research Global Investors now owns 3,715,646 shares of the company’s stock worth $58,670,000 after purchasing an additional 499,999 shares in the last quarter. Balyasny Asset Management L.P. raised its holdings in Camping World by 18.0% in the second quarter. Balyasny Asset Management L.P. now owns 3,221,271 shares of the company’s stock worth $55,374,000 after purchasing an additional 490,245 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in Camping World by 8.2% in the second quarter. Qube Research & Technologies Ltd now owns 1,428,901 shares of the company’s stock worth $24,563,000 after purchasing an additional 108,565 shares in the last quarter. Bank of America Corp DE raised its holdings in Camping World by 128.1% in the third quarter. Bank of America Corp DE now owns 1,345,777 shares of the company’s stock worth $21,250,000 after purchasing an additional 755,665 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Camping World by 14.1% in the third quarter. Dimensional Fund Advisors LP now owns 1,185,243 shares of the company’s stock worth $18,717,000 after purchasing an additional 146,473 shares in the last quarter. Hedge funds and other institutional investors own 52.54% of the company’s stock.

Camping World Price Performance

Shares of NYSE:CWH opened at $7.08 on Tuesday. Camping World has a 1-year low of $5.70 and a 1-year high of $19.64. The company has a debt-to-equity ratio of 4.14, a current ratio of 1.20 and a quick ratio of 0.23. The business has a fifty day moving average price of $8.71 and a 200-day moving average price of $11.18. The company has a market capitalization of $728.63 million, a PE ratio of -4.91 and a beta of 2.14.

Camping World (NYSE:CWHGet Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The company reported ($0.73) earnings per share for the quarter, missing the consensus estimate of ($0.63) by ($0.10). Camping World had a negative net margin of 1.41% and a negative return on equity of 3.29%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the previous year, the business earned ($0.47) earnings per share. Camping World’s revenue was down 2.6% compared to the same quarter last year. As a group, equities analysts expect that Camping World will post -0.66 EPS for the current fiscal year.

Camping World News Summary

Here are the key news stories impacting Camping World this week:

Analysts Set New Price Targets

CWH has been the subject of a number of research reports. Roth Mkm reiterated a “buy” rating and issued a $16.00 price objective (down from $18.00) on shares of Camping World in a report on Thursday, February 26th. Zacks Research downgraded Camping World from a “hold” rating to a “strong sell” rating in a report on Friday, February 27th. Truist Financial decreased their price objective on Camping World from $15.00 to $14.00 and set a “buy” rating for the company in a report on Thursday, April 9th. Monness Crespi & Hardt decreased their price objective on Camping World from $20.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Finally, KeyCorp decreased their price objective on Camping World from $18.00 to $12.00 and set an “overweight” rating for the company in a report on Thursday, February 26th. Nine analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Camping World presently has an average rating of “Moderate Buy” and an average target price of $15.70.

Check Out Our Latest Report on CWH

About Camping World

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Camping World (NYSE:CWH)

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