Voleon Capital Management LP Invests $632,000 in Camping World Holdings, Inc. (NYSE:CWH)

Voleon Capital Management LP purchased a new stake in Camping World Holdings, Inc. (NYSE:CWH) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 30,003 shares of the company’s stock, valued at approximately $632,000.

A number of other large investors have also recently bought and sold shares of CWH. Camelot Portfolios LLC boosted its holdings in shares of Camping World by 3.7% in the 4th quarter. Camelot Portfolios LLC now owns 14,100 shares of the company’s stock worth $297,000 after acquiring an additional 500 shares in the last quarter. Blue Trust Inc. raised its position in Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock valued at $32,000 after purchasing an additional 1,014 shares during the last quarter. Summit Investment Advisors Inc. boosted its stake in Camping World by 33.4% in the fourth quarter. Summit Investment Advisors Inc. now owns 5,546 shares of the company’s stock worth $117,000 after purchasing an additional 1,390 shares in the last quarter. XTX Topco Ltd increased its stake in shares of Camping World by 17.8% in the fourth quarter. XTX Topco Ltd now owns 16,373 shares of the company’s stock valued at $345,000 after buying an additional 2,470 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Camping World by 19.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 18,944 shares of the company’s stock valued at $399,000 after buying an additional 3,095 shares in the last quarter. 52.54% of the stock is currently owned by institutional investors.

Insider Transactions at Camping World

In other Camping World 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 acquired at an average price of $17.61 per share, with a total value of $100,817.25. Following the purchase, the president now 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 35.60% of the company’s stock.

Camping World Stock Up 10.4 %

Shares of Camping World stock opened at $13.31 on Friday. Camping World Holdings, Inc. has a 12 month low of $11.17 and a 12 month high of $25.97. The business has a fifty day simple moving average of $15.41 and a 200 day simple moving average of $20.12. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The stock has a market cap of $1.36 billion, a PE ratio of -19.29, a price-to-earnings-growth ratio of 0.92 and a beta of 2.32.

Camping World (NYSE:CWH) last announced its quarterly earnings results on Tuesday, April 29th. The company reported ($0.16) EPS for the quarter, beating analysts’ consensus estimates of ($0.23) by $0.07. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the prior year, the business posted ($0.40) EPS. Camping World’s revenue was up 3.6% on a year-over-year basis. Research analysts predict that Camping World Holdings, Inc. will post -0.66 EPS for the current year.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were issued a $0.125 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.50 annualized dividend and a yield of 3.76%. Camping World’s dividend payout ratio (DPR) is presently -65.79%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. KeyCorp decreased their price objective on shares of Camping World from $22.00 to $16.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Monness Crespi & Hardt decreased their price target on shares of Camping World from $30.00 to $20.00 and set a “buy” rating on the stock in a research note on Thursday. 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. Truist Financial decreased their price objective on Camping World from $28.00 to $16.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Finally, JPMorgan Chase & Co. upgraded Camping World from a “neutral” rating to an “overweight” rating and dropped their target price for the stock from $23.00 to $21.00 in a research report on Thursday. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $21.63.

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.