Swiss National Bank Has $2.36 Million Stock Position in Camping World Holdings, Inc. (NYSE:CWH)

Swiss National Bank boosted its stake in Camping World Holdings, Inc. (NYSE:CWH) by 33.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 111,700 shares of the company’s stock after purchasing an additional 28,200 shares during the period. Swiss National Bank owned about 0.13% of Camping World worth $2,355,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in Camping World by 611.9% in the third quarter. JPMorgan Chase & Co. now owns 292,888 shares of the company’s stock valued at $7,094,000 after purchasing an additional 251,748 shares during the last quarter. Geode Capital Management LLC boosted its position in Camping World by 4.5% during the 3rd quarter. Geode Capital Management LLC now owns 978,330 shares of the company’s stock worth $23,701,000 after buying an additional 41,705 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Camping World by 11.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 652,269 shares of the company’s stock worth $15,798,000 after acquiring an additional 65,798 shares during the last quarter. Barclays PLC increased its position in Camping World by 96.9% in the 3rd quarter. Barclays PLC now owns 317,052 shares of the company’s stock valued at $7,678,000 after acquiring an additional 156,055 shares during the period. Finally, Wellington Management Group LLP bought a new position in shares of Camping World during the third quarter valued at $2,578,000. 52.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on CWH shares. KeyCorp decreased their price objective on Camping World from $27.00 to $22.00 and set an “overweight” rating for the company in a report on Thursday, March 20th. Bank of America initiated coverage on Camping World in a research note on Thursday, December 19th. They issued a “buy” rating and a $30.00 price target for the company. Finally, Truist Financial upped their target price on Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a report on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $27.00.

Camping World Stock Down 1.1 %

Shares of NYSE CWH opened at $17.44 on Friday. Camping World Holdings, Inc. has a 12-month low of $15.39 and a 12-month high of $28.33. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The firm has a market cap of $1.78 billion, a PE ratio of -25.28, a P/E/G ratio of 0.92 and a beta of 2.57. The company’s fifty day simple moving average is $20.41 and its 200 day simple moving average is $21.98.

Camping World (NYSE:CWH) last issued its earnings results on Tuesday, February 25th. The company reported ($0.55) EPS for the quarter, meeting the consensus estimate of ($0.55). The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%. As a group, sell-side analysts forecast that Camping World Holdings, Inc. will post -0.66 earnings per share for the current fiscal year.

Camping World Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date of this dividend was Friday, March 14th. Camping World’s payout ratio is -65.79%.

Insider Activity at Camping World

In related news, President Matthew D. Wagner purchased 5,725 shares of the business’s stock in a transaction on Tuesday, March 4th. The stock was acquired at an average price of $17.61 per share, for a total transaction of $100,817.25. Following the purchase, the president now owns 300,640 shares of the company’s stock, valued at approximately $5,294,270.40. This trade represents a 1.94 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 43.80% of the stock is currently owned by insiders.

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.