Jump Financial LLC Takes Position in Camping World Holdings, Inc. (NYSE:CWH)

Jump Financial LLC bought a new position in shares of Camping World Holdings, Inc. (NYSE:CWH) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 70,015 shares of the company’s stock, valued at approximately $1,476,000.

Other institutional investors also recently bought and sold shares of the company. XTX Topco Ltd boosted its holdings in shares of Camping World by 17.8% during the 4th quarter. XTX Topco Ltd now owns 16,373 shares of the company’s stock valued at $345,000 after purchasing an additional 2,470 shares during the last quarter. Summit Investment Advisors Inc. boosted its stake in Camping World by 33.4% during the fourth quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company’s stock valued at $117,000 after buying an additional 1,390 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Camping World during the 4th quarter valued at approximately $1,465,000. Legal & General Group Plc increased its stake in Camping World by 33.7% in the 4th quarter. Legal & General Group Plc now owns 60,246 shares of the company’s stock worth $1,270,000 after acquiring an additional 15,179 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Camping World by 12.7% during the 4th quarter. Invesco Ltd. now owns 156,637 shares of the company’s stock worth $3,302,000 after acquiring an additional 17,689 shares in the last quarter. 52.54% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Camping World

In other news, President Matthew D. Wagner acquired 5,725 shares of the company’s 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 completion of the purchase, the president now directly owns 300,640 shares in the company, valued at $5,294,270.40. This trade represents a 1.94 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 35.60% of the company’s stock.

Camping World Trading Up 2.5 %

Shares of NYSE CWH opened at $11.97 on Friday. Camping World Holdings, Inc. has a fifty-two week low of $11.46 and a fifty-two week high of $25.97. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. The company 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. The business’s 50 day moving average price is $17.02 and its 200-day moving average price is $20.72.

Camping World (NYSE:CWH) last released its earnings results on Tuesday, February 25th. The company reported ($0.55) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.55). The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.13 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. On average, sell-side analysts expect that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.

Camping World Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were paid a $0.125 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.50 dividend on an annualized basis and a yield of 4.18%. Camping World’s dividend payout ratio is currently -65.79%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CWH. KeyCorp reduced their price target on shares of Camping World from $22.00 to $16.00 and set an “overweight” rating on the stock in a research report on Thursday. Baird R W lowered Camping World from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 4th. 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 note on Friday, April 4th. Finally, Truist Financial lowered their price objective on Camping World from $28.00 to $16.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $23.63.

Camping World 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.