Jump Financial LLC Invests $1.48 Million in Camping World Holdings, Inc. (NYSE:CWH)

Jump Financial LLC purchased a new stake in shares of Camping World Holdings, Inc. (NYSE:CWH) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 70,015 shares of the company’s stock, valued at approximately $1,476,000. Jump Financial LLC owned 0.08% of Camping World at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Blue Trust Inc. raised its position in shares of Camping World by 195.0% in the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock worth $32,000 after acquiring an additional 1,014 shares in the last quarter. Summit Investment Advisors Inc. raised its position in shares of Camping World by 33.4% in the 4th 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 during the last quarter. AlphaQuest LLC boosted its stake in Camping World by 494.9% in the 4th quarter. AlphaQuest LLC now owns 7,865 shares of the company’s stock worth $166,000 after purchasing an additional 6,543 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in Camping World during the 4th quarter valued at about $226,000. Finally, Proficio Capital Partners LLC purchased a new position in Camping World in the fourth quarter worth about $239,000. 52.54% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, President Matthew D. Wagner acquired 5,725 shares of Camping World stock in a transaction dated Tuesday, March 4th. The stock was purchased at an average cost 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 approximately $5,294,270.40. This trade represents a 1.94 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 35.60% of the stock is owned by company insiders.

Camping World Stock Up 2.5 %

Shares of CWH stock opened at $11.97 on Friday. The company has a 50 day simple moving average of $17.02 and a two-hundred day simple moving average of $20.72. The stock has a market cap of $1.22 billion, a P/E ratio of -17.35, a P/E/G ratio of 0.92 and a beta of 2.32. Camping World Holdings, Inc. has a 12 month low of $11.46 and a 12 month high of $25.97. The company has a current ratio of 1.23, a quick ratio of 0.19 and a debt-to-equity ratio of 9.67.

Camping World (NYSE:CWH) last announced its earnings results on Tuesday, February 25th. The company reported ($0.55) EPS for the quarter, hitting analysts’ consensus estimates of ($0.55). The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations 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, research analysts expect that Camping World Holdings, Inc. will post -0.66 earnings per share for the current year.

Camping World Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Baird R W downgraded shares of Camping World from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 4th. KeyCorp lowered their price target on Camping World from $22.00 to $16.00 and set an “overweight” rating on the stock in a report on Thursday. Robert W. Baird reissued a “neutral” rating and issued a $18.00 target price (down previously from $28.00) on shares of Camping World in a research report on Friday, April 4th. Finally, Truist Financial dropped their price target on shares of Camping World from $28.00 to $16.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Camping World presently has an average rating of “Moderate Buy” and an average target price of $23.63.

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.