Byrne Asset Management LLC Makes New $44,000 Investment in Camping World Holdings, Inc. (NYSE:CWH)

Byrne Asset Management LLC bought a new position in shares of Camping World Holdings, Inc. (NYSE:CWH) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,710 shares of the company’s stock, valued at approximately $44,000.

Several other hedge funds have also recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of Camping World in the 1st quarter worth approximately $860,000. Harbor Capital Advisors Inc. raised its holdings in shares of Camping World by 1,520.7% in the 1st quarter. Harbor Capital Advisors Inc. now owns 12,998 shares of the company’s stock worth $210,000 after purchasing an additional 12,196 shares during the period. Rhumbline Advisers raised its holdings in shares of Camping World by 11.3% in the 1st quarter. Rhumbline Advisers now owns 78,845 shares of the company’s stock worth $1,274,000 after purchasing an additional 7,978 shares during the period. GAMMA Investing LLC raised its holdings in shares of Camping World by 6,485.8% in the 1st quarter. GAMMA Investing LLC now owns 15,740 shares of the company’s stock worth $254,000 after purchasing an additional 15,501 shares during the period. Finally, Wellington Management Group LLP raised its holdings in shares of Camping World by 83.0% in the 4th quarter. Wellington Management Group LLP now owns 194,780 shares of the company’s stock worth $4,106,000 after purchasing an additional 88,337 shares during the period. Institutional investors own 52.54% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on CWH. Citigroup lifted their price target on shares of Camping World from $16.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, May 16th. Robert W. Baird lowered their price target on shares of Camping World from $18.00 to $15.00 and set a “neutral” rating on the stock in a report on Thursday, May 1st. Baird R W cut shares of Camping World from a “strong-buy” rating to a “hold” rating in a report on Friday, April 4th. Truist Financial lifted their price target on shares of Camping World from $16.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, June 3rd. Finally, Monness Crespi & Hardt reduced their price objective on shares of Camping World from $30.00 to $20.00 and set a “buy” rating for the company in a research note on Thursday, May 1st. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.22.

Camping World Stock Down 5.0%

Camping World stock opened at $17.89 on Friday. Camping World Holdings, Inc. has a 1-year low of $11.17 and a 1-year high of $25.97. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of -25.93, a P/E/G ratio of 0.92 and a beta of 1.88. 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 firm has a 50 day simple moving average of $15.10 and a 200 day simple moving average of $18.74.

Camping World (NYSE:CWH) last released 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. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period in the previous year, the business earned ($0.40) EPS. On average, analysts predict that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.

Camping World Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.79%. Camping World’s dividend payout ratio (DPR) is currently -108.70%.

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.