HBK Investments L P Buys 58,506 Shares of Camping World (NYSE:CWH)

HBK Investments L P boosted its stake in shares of Camping World (NYSE:CWH) by 64.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 149,426 shares of the company’s stock after buying an additional 58,506 shares during the quarter. HBK Investments L P owned approximately 0.17% of Camping World worth $6,684,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CWH. Citadel Advisors LLC lifted its holdings in Camping World by 1,380.3% during the 4th quarter. Citadel Advisors LLC now owns 1,343,779 shares of the company’s stock worth $60,107,000 after buying an additional 1,253,001 shares during the period. Carillon Tower Advisers Inc. acquired a new position in Camping World during the 4th quarter worth about $41,840,000. Lodge Hill Capital LLC acquired a new position in shares of Camping World in the 4th quarter valued at about $38,244,000. BlackRock Inc. lifted its stake in shares of Camping World by 36.3% in the 4th quarter. BlackRock Inc. now owns 1,885,609 shares of the company’s stock valued at $84,344,000 after purchasing an additional 502,212 shares during the period. Finally, Deutsche Bank AG lifted its stake in shares of Camping World by 83.3% in the 4th quarter. Deutsche Bank AG now owns 584,591 shares of the company’s stock valued at $26,146,000 after purchasing an additional 265,622 shares during the period. 42.80% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Camping World stock opened at $30.93 on Friday. Camping World has a one year low of $26.30 and a one year high of $47.62. The stock has a market capitalization of $2,737.91, a P/E ratio of 13.51, a PEG ratio of 0.81 and a beta of 2.83. The company has a debt-to-equity ratio of 9.99, a current ratio of 1.36 and a quick ratio of 0.29.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The firm had revenue of $888.99 million during the quarter, compared to analyst estimates of $804.84 million. Camping World had a positive return on equity of 384.26% and a negative net margin of 0.42%. analysts expect that Camping World will post 2.9 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 30th. Shareholders of record on Friday, March 16th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend was Thursday, March 15th. Camping World’s dividend payout ratio is currently 13.97%.

CWH has been the topic of a number of recent analyst reports. Robert W. Baird reissued a “buy” rating and issued a $50.00 price objective on shares of Camping World in a research note on Friday, December 22nd. ValuEngine raised Camping World from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research lowered Camping World from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. Northcoast Research began coverage on Camping World in a research report on Friday, January 26th. They issued a “buy” rating and a $56.00 target price for the company. Finally, Monness Crespi & Hardt reaffirmed a “buy” rating and issued a $55.00 target price (up from $47.00) on shares of Camping World in a research report on Monday, January 29th. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $49.38.

In other Camping World news, CEO Marcus Lemonis sold 130,000 shares of the business’s stock in a transaction that occurred on Thursday, March 15th. The stock was sold at an average price of $35.51, for a total transaction of $4,616,300.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 66.60% of the company’s stock.

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About Camping World

Camping World Holdings, Inc, through its subsidiaries, provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts. The company operates through Consumer Services and Plans, and Retail segments. It provides emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co-branded credit cards; vehicle financing and refinancing; club memberships; and publications and directories.

Institutional Ownership by Quarter for Camping World (NYSE:CWH)

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