1 day Ago By Defense World Staff
Arizona State Retirement System increased its position in REV Group, Inc. ( NYSE:REVG – Free Report ) by 21.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission.
The firm owned 13,800 shares of the company’s stock after buying an additional 2,476 shares during the quarter. Arizona State Retirement System’s holdings in REV Group were worth $343,000 as of its most recent filing with the Securities and Exchange Commission. Several other large investors have also made changes to their positions in the company.
Vanguard Group Inc. raised its position in shares of REV Group by 56.3% in the 1st quarter.
Vanguard Group Inc. now owns 4,714,060 shares of the company’s stock worth $104,134,000 after buying an additional 1,698,502 shares during the period. Dimensional Fund Advisors LP raised its position in shares of REV Group by 1.
4% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,963,403 shares of the company’s stock worth $53,846,000 after buying an additional 39,484 shares during the period. Kennedy Capital Management LLC raised its position in shares of REV Group by 161.
8% in the 1st quarter. Kennedy Capital Management LLC now owns 947,919 shares of the company’s stock worth $20,940,000 after buying an additional 585,841 shares during the period. Charles Schwab Investment Management Inc.
raised its position in shares of REV Group by 22.4% in the 4th quarter. Charles Schwab Investment Management Inc.
now owns 769,660 shares of the company’s stock worth $13,985,000 after buying an additional 140,674 shares during the period. Finally, Wellington Management Group LLP raised its position in shares of REV Group by 16.1% in the 4th quarter.
Wellington Management Group LLP now owns 490,150 shares of the company’s stock worth $8,906,000 after buying an additional 68,047 shares during the period. REV Group Stock Up 4.0 % Shares of REV Group stock opened at $28.
56 on Wednesday. The business has a 50-day moving average of $27.80 and a 200-day moving average of $25.
04. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.
85 and a quick ratio of 0.57. The company has a market capitalization of $1.
48 billion, a PE ratio of 6.98 and a beta of 1.59.
REV Group, Inc. has a 1-year low of $14.04 and a 1-year high of $31.
85. REV Group Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, October 11th. Stockholders of record on Friday, September 27th will be paid a dividend of $0.
05 per share. The ex-dividend date is Friday, September 27th. This represents a $0.
20 annualized dividend and a dividend yield of 0.70%. REV Group’s dividend payout ratio is presently 4.
89%. Analyst Ratings Changes Several brokerages recently weighed in on REVG. Morgan Stanley started coverage on REV Group in a research report on Tuesday, June 11th.
They issued an “equal weight” rating and a $29.50 target price on the stock. StockNews.
com downgraded REV Group from a “buy” rating to a “hold” rating in a report on Thursday, September 5th. The Goldman Sachs Group increased their price target on REV Group from $22.00 to $25.
00 and gave the company a “sell” rating in a report on Thursday, September 5th. Finally, DA Davidson reiterated a “buy” rating and issued a $33.00 price target on shares of REV Group in a report on Thursday, September 5th.
Read Our Latest Analysis on REVG REV Group Company Profile ( Free Report ) REV Group, Inc, together with its subsidiaries, designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in the United States, Canada, and internationally. It operates through three segments: Fire & Emergency, Commercial, and Recreation. The Fire & Emergency segment provides fire apparatus equipment under the Emergency One, Kovatch Mobile Equipment, Ferrara, Spartan Emergency Response, Smeal, Spartan Fire Chassis, and Ladder Tower brand names; and ambulances under the American Emergency Vehicles, Horton Emergency Vehicles, Leader Emergency Vehicles, Road Rescue, and Wheeled Coach brand names.
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