Fox Run Management L.L.C. Raises Position in Camping World $CWH

Fox Run Management L.L.C. grew its holdings in Camping World (NYSE:CWH) by 107.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 55,223 shares of the company’s stock after acquiring an additional 28,558 shares during the quarter. Fox Run Management L.L.C.’s holdings in Camping World were worth $949,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Teacher Retirement System of Texas purchased a new stake in Camping World in the first quarter valued at approximately $394,000. Bank of New York Mellon Corp increased its holdings in Camping World by 1.3% in the 1st quarter. Bank of New York Mellon Corp now owns 294,845 shares of the company’s stock worth $4,765,000 after acquiring an additional 3,761 shares in the last quarter. CWM LLC raised its position in shares of Camping World by 1,060.1% during the 1st quarter. CWM LLC now owns 7,645 shares of the company’s stock worth $124,000 after purchasing an additional 6,986 shares during the last quarter. A&I Financial Services LLC raised its holdings in shares of Camping World by 11.3% during the first quarter. A&I Financial Services LLC now owns 25,302 shares of the company’s stock valued at $409,000 after acquiring an additional 2,567 shares during the last quarter. Finally, GW&K Investment Management LLC acquired a new position in Camping World in the 1st quarter valued at $1,831,000. 52.54% of the stock is owned by hedge funds and other institutional investors.

Camping World Trading Up 4.9%

NYSE CWH opened at $12.49 on Friday. The firm’s fifty day moving average price is $15.79 and its 200 day moving average price is $16.43. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of -13.42 and a beta of 1.91. Camping World has a 12 month low of $11.17 and a 12 month high of $25.97. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.26 and a quick ratio of 0.24.

Camping World (NYSE:CWH) last posted its earnings results on Tuesday, October 28th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.10. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.75 billion. Camping World had a positive return on equity of 3.80% and a negative net margin of 0.85%.The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.17 EPS. On average, sell-side analysts expect that Camping World will post -0.66 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 15th were paid a $0.125 dividend. The ex-dividend date was Monday, September 15th. This represents a $0.50 dividend on an annualized basis and a yield of 4.0%. Camping World’s payout ratio is currently -53.76%.

Analyst Ratings Changes

CWH has been the topic of a number of research reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Camping World in a research note on Wednesday, October 8th. JPMorgan Chase & Co. decreased their target price on shares of Camping World from $22.00 to $19.00 and set an “overweight” rating on the stock in a research report on Monday, November 3rd. Loop Capital assumed coverage on Camping World in a research note on Friday, October 31st. They set a “buy” rating and a $17.00 price target on the stock. BMO Capital Markets reissued an “outperform” rating and issued a $22.00 price objective on shares of Camping World in a research note on Thursday, October 30th. Finally, Citigroup lowered their target price on Camping World from $22.00 to $18.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Nine research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Camping World currently has a consensus rating of “Moderate Buy” and an average price target of $19.40.

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.