SG Americas Securities LLC Has $869,000 Position in Camping World $CWH

SG Americas Securities LLC boosted its holdings in shares of Camping World (NYSE:CWH) by 264.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 55,034 shares of the company’s stock after acquiring an additional 39,939 shares during the period. SG Americas Securities LLC’s holdings in Camping World were worth $869,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in CWH. Ameritas Investment Partners Inc. lifted its stake in shares of Camping World by 11.0% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,154 shares of the company’s stock valued at $106,000 after purchasing an additional 608 shares during the period. CANADA LIFE ASSURANCE Co lifted its stake in Camping World by 117.1% in the second quarter. CANADA LIFE ASSURANCE Co now owns 8,877 shares of the company’s stock valued at $153,000 after buying an additional 4,789 shares during the period. CWM LLC boosted its holdings in Camping World by 32.9% during the second quarter. CWM LLC now owns 10,158 shares of the company’s stock worth $175,000 after buying an additional 2,513 shares during the last quarter. Caxton Associates LLP bought a new position in Camping World during the second quarter worth about $176,000. Finally, Vise Technologies Inc. acquired a new position in shares of Camping World during the 2nd quarter worth about $199,000. Institutional investors own 52.54% of the company’s stock.

Camping World Stock Up 5.0%

Shares of CWH stock opened at $13.63 on Tuesday. Camping World has a 12-month low of $9.49 and a 12-month high of $24.36. The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 3.29. The firm has a fifty day moving average of $10.77 and a 200-day moving average of $14.37. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of -14.66 and a beta of 2.00.

Camping World (NYSE:CWH) last announced its earnings results on Tuesday, October 28th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.10. The firm had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.75 billion. Camping World had a negative net margin of 0.85% and a positive return on equity of 3.80%. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.17 EPS. As a group, equities research analysts predict that Camping World 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 Monday, December 29th. Investors of record on Monday, December 15th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, December 15th. Camping World’s dividend payout ratio (DPR) is currently -53.76%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Loop Capital initiated coverage on shares of Camping World in a research report on Friday, October 31st. They issued a “buy” rating and a $17.00 price target on the stock. BMO Capital Markets reiterated an “outperform” rating and issued a $22.00 target price on shares of Camping World in a report on Thursday, October 30th. KeyCorp reduced their price target on shares of Camping World from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Truist Financial lowered their price objective on shares of Camping World from $20.00 to $15.00 and set a “buy” rating for the company in a research report on Monday, November 10th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Camping World in a report on Monday, December 29th. Eight analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $17.67.

About Camping World

Camping World Holdings, Inc (NYSE: CWH) is a leading specialty retailer of recreational vehicles (“RVs”), RV parts and services, and outdoor lifestyle products. The company operates an extensive network of full-service RV dealerships, providing new and pre-owned RV sales alongside comprehensive maintenance, repair and warranty services. In addition to its dealership operations, Camping World offers a broad assortment of RV parts, accessories and gear through both its physical retail locations and e-commerce platform.

Beyond RV sales and service, Camping World’s offerings encompass outdoor cookware, apparel, camping and towing accessories under various proprietary and third-party brands.