Camping World Holdings Inc (NYSE:CWH) is Crestview Partners II GP L.P.’s Largest Position

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Crestview Partners II GP L.P. raised its position in Camping World Holdings Inc (NYSE:CWH) by 1.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,303,075 shares of the company’s stock after buying an additional 47,539 shares during the period. Camping World makes up about 54.8% of Crestview Partners II GP L.P.’s holdings, making the stock its biggest holding. Crestview Partners II GP L.P. owned approximately 4.89% of Camping World worth $53,444,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Aperio Group LLC acquired a new stake in shares of Camping World in the 2nd quarter valued at about $54,000. Nisa Investment Advisors LLC raised its stake in shares of Camping World by 3,125.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 5,160 shares of the company’s stock valued at $64,000 after purchasing an additional 5,000 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Camping World by 52,007.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,774 shares of the company’s stock valued at $94,000 after purchasing an additional 6,761 shares in the last quarter. Camelot Portfolios LLC acquired a new stake in shares of Camping World in the 2nd quarter valued at about $124,000. Finally, M&T Bank Corp raised its stake in shares of Camping World by 49.3% in the 2nd quarter. M&T Bank Corp now owns 17,046 shares of the company’s stock valued at $212,000 after purchasing an additional 5,628 shares in the last quarter. 40.83% of the stock is owned by institutional investors.

In other news, Director Andris A. Baltins purchased 20,000 shares of the company’s stock in a transaction on Monday, August 12th. The shares were bought at an average price of $9.02 per share, for a total transaction of $180,400.00. Following the completion of the purchase, the director now owns 44,204 shares of the company’s stock, valued at $398,720.08. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Abrams Capital Management, L.P purchased 43,110 shares of the company’s stock in a transaction on Friday, August 16th. The stock was purchased at an average price of $8.01 per share, for a total transaction of $345,311.10. The disclosure for this purchase can be found here. Insiders acquired 452,148 shares of company stock worth $3,506,492 in the last 90 days. 49.40% of the stock is owned by company insiders.

A number of equities research analysts have recently issued reports on the stock. Robert W. Baird lowered shares of Camping World from an “outperform” rating to a “neutral” rating and cut their target price for the company from $18.00 to $12.00 in a research note on Friday, July 26th. Northcoast Research lowered shares of Camping World from a “buy” rating to a “neutral” rating in a research note on Thursday, August 15th. Monness Crespi & Hardt restated a “buy” rating and issued a $14.00 target price (down previously from $19.00) on shares of Camping World in a research note on Thursday, August 8th. Bank of America cut their target price on shares of Camping World from $10.00 to $7.00 and set an “underperform” rating on the stock in a research note on Wednesday, September 4th. Finally, JPMorgan Chase & Co. lowered shares of Camping World from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $19.00 to $11.00 in a research note on Thursday, August 8th. One analyst has rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $13.14.

CWH traded up $0.01 on Friday, hitting $9.42. 721 shares of the company’s stock were exchanged, compared to its average volume of 953,856. The firm has a market cap of $816.47 million, a PE ratio of 8.40 and a beta of 3.09. Camping World Holdings Inc has a twelve month low of $7.12 and a twelve month high of $23.60. The stock has a fifty day moving average of $9.01 and a two-hundred day moving average of $11.88. The company has a current ratio of 1.35, a quick ratio of 0.26 and a debt-to-equity ratio of 79.52.

Camping World (NYSE:CWH) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.19). The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.45 billion. Camping World had a negative return on equity of 9.12% and a negative net margin of 0.37%. Camping World’s revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.96 EPS. On average, analysts predict that Camping World Holdings Inc will post -0.26 EPS for the current year.

The company also recently declared a None dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be paid a $0.153 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a dividend yield of 4.3%. Camping World’s payout ratio is currently 28.57%.

About Camping World

Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.

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Institutional Ownership by Quarter for Camping World (NYSE:CWH)

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