WINTON GROUP Ltd Acquires New Stake in Camping World $CWH

WINTON GROUP Ltd bought a new position in shares of Camping World (NYSE:CWH) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 99,900 shares of the company’s stock, valued at approximately $762,000.

Other hedge funds have also modified their holdings of the company. Eminence Capital LP boosted its position in Camping World by 45.8% during the fourth quarter. Eminence Capital LP now owns 5,779,805 shares of the company’s stock worth $56,238,000 after acquiring an additional 1,815,042 shares during the last quarter. Capital Research Global Investors lifted its stake in Camping World by 12.8% in the 4th quarter. Capital Research Global Investors now owns 4,191,781 shares of the company’s stock worth $40,786,000 after purchasing an additional 476,135 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Camping World by 94.9% during the 4th quarter. BNP Paribas Financial Markets now owns 1,522,570 shares of the company’s stock worth $14,815,000 after purchasing an additional 741,263 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Camping World by 4.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,077,442 shares of the company’s stock valued at $7,358,000 after purchasing an additional 41,258 shares in the last quarter. Finally, UBS Group AG increased its holdings in shares of Camping World by 78.3% in the fourth quarter. UBS Group AG now owns 474,336 shares of the company’s stock valued at $4,615,000 after purchasing an additional 208,241 shares during the last quarter. 52.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CWH. Citigroup lowered their price objective on Camping World from $10.00 to $9.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. KeyCorp cut their price objective on shares of Camping World from $12.00 to $9.00 and set an “overweight” rating for the company in a research report on Friday, July 31st. Bank of America reiterated a “buy” rating and issued a $14.00 target price on shares of Camping World in a report on Friday, July 31st. JPMorgan Chase & Co. dropped their price target on shares of Camping World from $16.00 to $11.00 and set an “overweight” rating for the company in a research note on Friday, July 31st. Finally, Robert W. Baird set a $7.00 price target on shares of Camping World in a research report on Friday, July 31st. Ten investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $11.66.

Camping World Trading Up 1.9%

Shares of CWH stock opened at $6.16 on Tuesday. Camping World has a fifty-two week low of $5.49 and a fifty-two week high of $18.22. The company has a 50 day moving average price of $6.36 and a 200 day moving average price of $6.90. The stock has a market capitalization of $635.75 million, a P/E ratio of -3.97 and a beta of 2.07. The company has a debt-to-equity ratio of 3.77, a quick ratio of 0.30 and a current ratio of 1.22.

Camping World (NYSE:CWH) last released its earnings results on Wednesday, July 29th. The company reported $0.57 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.57. Camping World had a negative net margin of 1.55% and a negative return on equity of 3.52%. The company had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same period in the prior year, the business earned $0.57 EPS. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. Equities research analysts predict that Camping World will post 0.09 EPS for the current fiscal year.

Camping World Profile

Camping World Holdings, Inc is a specialty retailer and service provider focused on the recreational vehicle (RV) industry. Through its Camping World dealership network, the company sells new and used motorhomes, travel trailers, fifth-wheel trailers and other RVs. It also provides financing and insurance-related products, subject to applicable regulations and third-party arrangements.

The company operates RV parts and accessories retail businesses and provides maintenance, repair, collision and other service offerings through locations across the United States.