Dynamic Technology Lab Private Ltd Acquires New Holdings in Camping World Holdings, Inc. (NYSE:CWH)

Dynamic Technology Lab Private Ltd bought a new stake in Camping World Holdings, Inc. (NYSE:CWH) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 31,685 shares of the company’s stock, valued at approximately $832,000.

Other large investors have also recently bought and sold shares of the company. FMR LLC boosted its stake in Camping World by 9.5% during the third quarter. FMR LLC now owns 1,941,972 shares of the company’s stock valued at $39,636,000 after buying an additional 169,117 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Camping World by 2.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 558,068 shares of the company’s stock valued at $11,390,000 after purchasing an additional 11,316 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Camping World by 6.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 498,349 shares of the company’s stock worth $13,087,000 after purchasing an additional 28,569 shares during the last quarter. Deutsche Bank AG raised its holdings in shares of Camping World by 40.8% in the 3rd quarter. Deutsche Bank AG now owns 387,831 shares of the company’s stock worth $7,916,000 after purchasing an additional 112,478 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC lifted its stake in Camping World by 13.2% during the third quarter. Schonfeld Strategic Advisors LLC now owns 367,300 shares of the company’s stock valued at $7,497,000 after purchasing an additional 42,767 shares during the last quarter. Institutional investors and hedge funds own 52.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CWH. Truist Financial dropped their price target on Camping World from $30.00 to $28.00 and set a “buy” rating on the stock in a report on Friday, May 3rd. KeyCorp cut their target price on Camping World from $30.00 to $26.00 and set an “overweight” rating on the stock in a research report on Friday, May 3rd. Roth Mkm reiterated a “buy” rating and issued a $28.00 price target (down previously from $30.00) on shares of Camping World in a research report on Friday, May 3rd. Finally, StockNews.com downgraded Camping World from a “hold” rating to a “sell” rating in a report on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $30.20.

Camping World Stock Performance

Shares of CWH opened at $19.46 on Thursday. The company has a current ratio of 1.19, a quick ratio of 0.17 and a debt-to-equity ratio of 11.24. The business’s 50-day moving average is $23.29 and its 200-day moving average is $24.16. Camping World Holdings, Inc. has a fifty-two week low of $16.18 and a fifty-two week high of $32.88.

Camping World (NYSE:CWH) last released its quarterly earnings data on Wednesday, May 1st. The company reported ($0.46) earnings per share for the quarter, missing the consensus estimate of ($0.45) by ($0.01). The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.43 billion. Camping World had a net margin of 0.09% and a negative return on equity of 2.39%. On average, analysts anticipate that Camping World Holdings, Inc. will post 0.83 EPS for the current fiscal year.

Camping World Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 27th. Investors of record on Thursday, June 13th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.57%. Camping World’s payout ratio is -1,249.69%.

Insider Buying and Selling at Camping World

In other news, CEO Marcus Lemonis sold 100,000 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $25.63, for a total transaction of $2,563,000.00. Following the completion of the sale, 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 43.80% of the company’s stock.

About Camping World

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.