Graham Capital Management L.P. Takes Position in Camping World Holdings, Inc. (NYSE:CWH)

Graham Capital Management L.P. bought a new stake in Camping World Holdings, Inc. (NYSE:CWH) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,577 shares of the company’s stock, valued at approximately $434,000.

Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. boosted its position in shares of Camping World by 195.0% in the fourth quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock valued at $32,000 after acquiring an additional 1,014 shares during the period. Summit Investment Advisors Inc. boosted its position in shares of Camping World by 33.4% in the fourth quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company’s stock valued at $117,000 after acquiring an additional 1,390 shares during the period. AlphaQuest LLC boosted its position in shares of Camping World by 494.9% in the fourth quarter. AlphaQuest LLC now owns 7,865 shares of the company’s stock valued at $166,000 after acquiring an additional 6,543 shares during the period. Aquatic Capital Management LLC bought a new stake in shares of Camping World in the fourth quarter valued at about $216,000. Finally, KLP Kapitalforvaltning AS bought a new stake in Camping World during the fourth quarter worth about $226,000. Institutional investors own 52.54% of the company’s stock.

Insider Activity

In other news, President Matthew D. Wagner acquired 5,725 shares of the stock in a transaction dated Tuesday, March 4th. The stock was 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 of the company’s stock, valued at $5,294,270.40. This represents a 1.94% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 35.60% of the stock is currently owned by insiders.

Camping World Stock Up 4.6%

Shares of NYSE CWH opened at $16.76 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. The company has a market cap of $1.71 billion, a price-to-earnings ratio of -24.29, a PEG ratio of 0.92 and a beta of 2.13. Camping World Holdings, Inc. has a 12 month low of $11.17 and a 12 month high of $25.97. The stock has a 50-day moving average price of $14.67 and a two-hundred day moving average price of $19.58.

Camping World (NYSE:CWH) last issued its earnings results on Tuesday, April 29th. The company reported ($0.16) EPS for the quarter, topping the consensus estimate of ($0.23) by $0.07. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. The business’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.40) earnings per share. As a group, analysts forecast that Camping World Holdings, Inc. 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 will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Friday, June 13th. Camping World’s dividend payout ratio is currently -108.70%.

Wall Street Analysts Forecast Growth

CWH has been the subject of several recent analyst reports. Truist Financial cut their price objective on shares of Camping World from $28.00 to $16.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Baird R W cut shares of Camping World from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 4th. Robert W. Baird cut their price objective on shares of Camping World from $18.00 to $15.00 and set a “neutral” rating for the company in a research report on Thursday, May 1st. Citigroup upped their price objective on shares of Camping World from $16.00 to $21.00 and gave the stock a “buy” rating in a research report on Friday. Finally, KeyCorp cut their price objective on shares of Camping World from $22.00 to $16.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Camping World currently has a consensus rating of “Moderate Buy” and an average target price of $21.56.

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.