TCG Advisory Services LLC Acquires Shares of 83,886 Camping World Holdings, Inc. (NYSE:CWH)

TCG Advisory Services LLC bought a new position in Camping World Holdings, Inc. (NYSE:CWH) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 83,886 shares of the company’s stock, valued at approximately $2,203,000.

Other large investors have also recently modified their holdings of the company. Principal Financial Group Inc. lifted its stake in Camping World by 2.5% in the third quarter. Principal Financial Group Inc. now owns 26,808 shares of the company’s stock worth $547,000 after purchasing an additional 646 shares during the last quarter. Swiss National Bank boosted its holdings in Camping World by 1.0% during the 3rd quarter. Swiss National Bank now owns 92,800 shares of the company’s stock valued at $1,894,000 after acquiring an additional 900 shares during the period. Moors & Cabot Inc. grew its position in Camping World by 13.5% in the 3rd quarter. Moors & Cabot Inc. now owns 9,802 shares of the company’s stock valued at $200,000 after acquiring an additional 1,164 shares during the last quarter. Rafferty Asset Management LLC increased its stake in Camping World by 6.6% in the third quarter. Rafferty Asset Management LLC now owns 20,562 shares of the company’s stock worth $420,000 after purchasing an additional 1,279 shares during the period. Finally, Kendall Capital Management lifted its position in shares of Camping World by 13.6% during the third quarter. Kendall Capital Management now owns 10,685 shares of the company’s stock worth $218,000 after purchasing an additional 1,280 shares during the last quarter. Institutional investors own 52.54% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on CWH shares. Roth Mkm reaffirmed a “buy” rating and issued a $28.00 price target (down previously from $30.00) on shares of Camping World in a research note on Friday. KeyCorp reduced their target price on shares of Camping World from $30.00 to $26.00 and set an “overweight” rating on the stock in a research report on Friday. StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a report on Thursday. Stephens restated an “overweight” rating and set a $28.00 price objective (up from $26.00) on shares of Camping World in a report on Wednesday, January 17th. Finally, Citigroup upped their target price on Camping World from $26.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $29.91.

Camping World Stock Down 0.1 %

CWH stock traded down $0.03 during trading on Friday, reaching $20.10. 2,091,355 shares of the company traded hands, compared to its average volume of 1,135,218. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of -502.37 and a beta of 2.67. The company has a debt-to-equity ratio of 7.55, a quick ratio of 0.16 and a current ratio of 1.21. The business has a 50 day simple moving average of $24.89 and a 200 day simple moving average of $23.79. Camping World Holdings, Inc. has a 12 month low of $16.18 and a 12 month high of $32.88.

Camping World (NYSE:CWH) last released its quarterly earnings results on Wednesday, February 21st. The company reported ($0.53) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.59) by $0.06. The business had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Camping World had a net margin of 0.09% and a negative return on equity of 2.16%. The company’s revenue was down 13.4% compared to the same quarter last year. During the same period last year, the business earned ($0.33) EPS. On average, equities research analysts anticipate that Camping World Holdings, Inc. will post 1.06 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, March 14th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date was Wednesday, March 13th. Camping World’s payout ratio is presently -1,249.69%.

Insider Buying and Selling at Camping World

In related news, CEO Marcus Lemonis sold 100,000 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $25.63, for a total value of $2,563,000.00. Following the transaction, the chief executive officer now directly owns 405,268 shares of the company’s stock, valued at approximately $10,387,018.84. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 43.80% of the stock is currently owned by company insiders.

Camping World Company 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.