Hudson Bay Capital Management LP Makes New Investment in Camping World Holdings, Inc. (NYSE:CWH)


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Hudson Bay Capital Management LP bought a new position in shares of Camping World Holdings, Inc. (NYSE:CWH) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 60,000 shares of the company’s stock, valued at approximately $1,563,000. Hudson Bay Capital Management LP owned about 0.07% of Camping World at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in CWH. Banque Cantonale Vaudoise bought a new stake in Camping World during the fourth quarter valued at about $27,000. US Bancorp DE bought a new stake in shares of Camping World in the fourth quarter valued at about $32,000. Truvestments Capital LLC bought a new stake in shares of Camping World in the fourth quarter valued at about $37,000. Navis Wealth Advisors LLC bought a new stake in shares of Camping World in the fourth quarter valued at about $62,000. Finally, Great West Life Assurance Co. Can lifted its stake in shares of Camping World by 207.4% in the third quarter. Great West Life Assurance Co. Can now owns 7,218 shares of the company’s stock valued at $72,000 after buying an additional 4,870 shares during the period. Institutional investors own 37.43% of the company’s stock.

Shares of CWH stock opened at $37.45 on Thursday. Camping World Holdings, Inc. has a 52-week low of $5.87 and a 52-week high of $44.10. The stock has a market cap of $3.31 billion, a PE ratio of 20.03, a PEG ratio of 0.34 and a beta of 3.45. The company has a debt-to-equity ratio of 36.36, a quick ratio of 0.67 and a current ratio of 1.57. The firm’s 50 day moving average price is $36.76 and its two-hundred day moving average price is $32.17.

Camping World (NYSE:CWH) last announced its quarterly earnings data on Friday, February 26th. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.22. Camping World had a net margin of 1.51% and a negative return on equity of 270.25%. The firm had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the firm earned ($0.35) earnings per share. The business’s revenue for the quarter was up 17.5% on a year-over-year basis. As a group, sell-side analysts predict that Camping World Holdings, Inc. will post 2.96 earnings per share for the current fiscal year.

The firm also recently disclosed a None dividend, which was paid on Monday, March 29th. Shareholders of record on Monday, March 15th were paid a $0.23 dividend. The ex-dividend date was Friday, March 12th. This represents a yield of 1.1%. Camping World’s payout ratio is presently -55.38%.

In other Camping World news, COO Tamara Ward sold 11,954 shares of the business’s stock in a transaction dated Thursday, April 1st. The stock was sold at an average price of $36.81, for a total value of $440,026.74. Following the completion of the transaction, the chief operating officer now directly owns 130,000 shares of the company’s stock, valued at $4,785,300. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Marcus Lemonis purchased 3,127 shares of the stock in a transaction on Wednesday, March 3rd. The stock was acquired at an average price of $32.04 per share, with a total value of $100,189.08. Over the last ninety days, insiders sold 1,704,080 shares of company stock worth $66,284,157. Insiders own 49.80% of the company’s stock.

CWH has been the subject of several research reports. Northcoast Research upgraded shares of Camping World from a “neutral” rating to a “buy” rating and set a $47.00 target price for the company in a research note on Monday, January 25th. BMO Capital Markets raised shares of Camping World from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $35.00 to $50.00 in a research report on Wednesday, March 17th. Zacks Investment Research raised shares of Camping World from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a report on Thursday, February 11th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Camping World from $45.00 to $52.00 and gave the stock an “overweight” rating in a report on Friday, February 26th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Camping World currently has an average rating of “Buy” and a consensus target price of $44.88.

Camping World Profile

Camping World Holdings, Inc, through its subsidiaries, operates as a recreational vehicle (RV) and outdoor retailer. It operates through 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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Institutional Ownership by Quarter for Camping World (NYSE:CWH)

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