KLP Kapitalforvaltning AS Buys New Stake in Camping World Holdings, Inc. (NYSE:CWH)

KLP Kapitalforvaltning AS purchased a new position in shares of Camping World Holdings, Inc. (NYSE:CWH – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,700 shares of the company’s stock, valued at approximately $226,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its stake in shares of Camping World by 195.



0% during the 4th quarter. Blue Trust Inc. now owns 1,534 shares of the company’s stock worth $32,000 after acquiring an additional 1,014 shares in the last quarter.

AlphaQuest LLC raised its holdings in Camping World by 494.9% in the 4th quarter. AlphaQuest LLC now owns 7,865 shares of the company’s stock worth $166,000 after purchasing an additional 6,543 shares during the period.

Proficio Capital Partners LLC purchased a new position in Camping World during the fourth quarter worth approximately $239,000. World Investment Advisors LLC acquired a new stake in Camping World in the third quarter valued at approximately $258,000. Finally, Versor Investments LP purchased a new stake in shares of Camping World in the fourth quarter valued at approximately $266,000.

Institutional investors and hedge funds own 52.54% of the company’s stock. Insiders Place Their BetsIn other news, President Matthew D.

Wagner purchased 5,725 shares of the company’s stock in a transaction dated Tuesday, March 4th. The stock was acquired at an average price of $17.61 per share, with a total value of $100,817.

25. Following the purchase, the president now directly owns 300,640 shares in the company, valued at approximately $5,294,270.40.

This represents a 1.94 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Corporate insiders own 43.80% of the company’s stock. Wall Street Analysts Forecast GrowthA number of research analysts have recently issued reports on CWH shares.

Bank of America assumed coverage on Camping World in a research report on Thursday, December 19th. They set a “buy” rating and a $30.00 target price on the stock.

Robert W. Baird reaffirmed a “neutral” rating and set a $18.00 price objective (down from $28.

00) on shares of Camping World in a report on Friday. KeyCorp cut their target price on shares of Camping World from $27.00 to $22.

00 and set an “overweight” rating for the company in a research note on Thursday, March 20th. Finally, Truist Financial raised their price target on shares of Camping World from $26.00 to $28.

00 and gave the company a “buy” rating in a research note on Monday, February 10th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.

com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $25.88.Check Out Our Latest Report on Camping WorldCamping World Stock PerformanceCWH opened at $13.

19 on Tuesday. Camping World Holdings, Inc. has a twelve month low of $11.

87 and a twelve month high of $26.33. The firm has a market capitalization of $1.

34 billion, a PE ratio of -19.11, a PEG ratio of 0.92 and a beta of 2.

32. The company has a current ratio of 1.23, a quick ratio of 0.

19 and a debt-to-equity ratio of 9.67. The firm’s 50-day moving average price is $19.

35 and its 200 day moving average price is $21.58. Camping World (NYSE:CWH – Get Free Report) last issued its earnings results on Tuesday, February 25th.

The company reported ($0.55) earnings per share for the quarter, hitting the consensus estimate of ($0.55).

Camping World had a negative return on equity of 23.77% and a negative net margin of 0.40%.

The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.13 billion.

As a group, sell-side analysts expect that Camping World Holdings, Inc. will post -0.66 EPS for the current fiscal year.

Camping World Announces DividendThe business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were issued a $0.125 dividend.

This represents a $0.50 annualized dividend and a yield of 3.79%.

The ex-dividend date was Friday, March 14th. Camping World’s payout ratio is currently -65.79%.

Camping World Profile (Free Report)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.

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