SG Americas Securities LLC Takes Position in Camping World Holdings, Inc. (NYSE:CWH)

SG Americas Securities LLC purchased a new stake in shares of Camping World Holdings, Inc. (NYSE:CWH) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 13,121 shares of the company’s stock, valued at approximately $318,000.

Several other institutional investors and hedge funds have also made changes to their positions in CWH. Point72 DIFC Ltd acquired a new stake in Camping World in the second quarter worth $50,000. Russell Investments Group Ltd. increased its holdings in shares of Camping World by 6,495.0% during the first quarter. Russell Investments Group Ltd. now owns 3,957 shares of the company’s stock valued at $110,000 after purchasing an additional 3,897 shares during the period. Telos Capital Management Inc. acquired a new position in shares of Camping World during the second quarter valued at $196,000. ProShare Advisors LLC bought a new position in Camping World during the first quarter valued at about $209,000. Finally, Lombard Odier Asset Management USA Corp bought a new position in Camping World during the second quarter valued at about $309,000. 52.54% of the stock is owned by institutional investors and hedge funds.

Camping World Stock Down 2.1 %

Shares of CWH stock opened at $23.12 on Friday. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of -578.00 and a beta of 2.47. The stock’s 50 day simple moving average is $22.60 and its 200 day simple moving average is $21.36. The company has a debt-to-equity ratio of 10.08, a quick ratio of 0.19 and a current ratio of 1.19. Camping World Holdings, Inc. has a twelve month low of $16.18 and a twelve month high of $28.72.

Camping World (NYSE:CWH) last released its earnings results on Wednesday, July 31st. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). The business had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.87 billion. Camping World had a negative net margin of 0.22% and a negative return on equity of 10.04%. The business’s quarterly revenue was down 5.3% compared to the same quarter last year. During the same period last year, the business earned $0.60 EPS. As a group, research analysts predict that Camping World Holdings, Inc. will post -0.6 EPS for the current year.

Camping World Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Friday, September 13th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.16%. The ex-dividend date was Friday, September 13th. Camping World’s payout ratio is presently -1,250.00%.

Analyst Ratings Changes

A number of research firms recently weighed in on CWH. Monness Crespi & Hardt increased their price target on Camping World from $24.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Truist Financial raised their price objective on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, September 20th. Roth Mkm cut their price target on Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Finally, KeyCorp cut their price target on Camping World from $26.00 to $25.00 and set an “overweight” rating for the company in a research note on Friday, August 2nd. One analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $27.83.

Insider Transactions at Camping World

In other news, CEO Marcus Lemonis sold 121,450 shares of Camping World stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $21.80, for a total transaction of $2,647,610.00. Following the sale, the chief executive officer now owns 155,268 shares of the company’s stock, valued at approximately $3,384,842.40. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 43.80% of the stock is owned by insiders.

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.