2 weeks Ago By Defense World Staff
Corebridge Financial Inc. trimmed its holdings in REV Group, Inc. ( NYSE:REVG – Free Report ) by 7.
0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,531 shares of the company’s stock after selling 1,927 shares during the period. Corebridge Financial Inc.
’s holdings in REV Group were worth $814,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors have also made changes to their positions in the company. Planning Center Inc.
bought a new stake in shares of REV Group during the 4th quarter valued at $223,000. RD Lewis Holdings Inc. acquired a new position in REV Group in the fourth quarter valued at about $228,000.
XTX Topco Ltd bought a new stake in REV Group during the third quarter worth about $277,000. Commonwealth Equity Services LLC grew its stake in REV Group by 30.2% during the fourth quarter.
Commonwealth Equity Services LLC now owns 10,180 shares of the company’s stock worth $324,000 after buying an additional 2,362 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in REV Group by 10.8% in the 3rd quarter.
Zurcher Kantonalbank Zurich Cantonalbank now owns 11,977 shares of the company’s stock valued at $336,000 after buying an additional 1,171 shares during the period. Analyst Upgrades and Downgrades Several research firms recently issued reports on REVG. Robert W.
Baird increased their price target on shares of REV Group from $32.00 to $38.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th.
The Goldman Sachs Group lifted their price target on REV Group from $25.00 to $28.50 and gave the company a “sell” rating in a research note on Thursday, December 12th.
Finally, DA Davidson upped their price objective on REV Group from $33.00 to $39.00 and gave the stock a “buy” rating in a research report on Friday, December 13th.
One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $33.75.
REV Group Stock Performance REV Group stock opened at $29.21 on Friday. The business has a 50 day moving average of $31.
92 and a 200-day moving average of $30.85. The company has a market capitalization of $1.
51 billion, a P/E ratio of 6.51 and a beta of 1.21.
REV Group, Inc. has a 1 year low of $20.51 and a 1 year high of $36.
00. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.
72 and a quick ratio of 0.43. REV Group Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th.
Investors of record on Friday, March 28th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, March 28th.
This represents a $0.24 annualized dividend and a dividend yield of 0.82%.
REV Group’s dividend payout ratio is 13.48%. Insider Activity at REV Group In other news, CAO Joseph Ladue sold 4,533 shares of the company’s stock in a transaction on Monday, January 13th.
The shares were sold at an average price of $32.21, for a total value of $146,007.93.
Following the sale, the chief accounting officer now directly owns 20,442 shares of the company’s stock, valued at approximately $658,436.82. This represents a 18.
15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . 1.
70% of the stock is currently owned by company insiders. About REV Group ( 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. Featured Stories Five stocks we like better than REV Group Top Biotech Stocks: Exploring Innovation Opportunities Conagra Stock Could Thrive as Tariffs Hit Other Sectors Following Congress Stock Trades Grocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey Finds Are Penny Stocks a Good Fit for Your Portfolio? Spotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy? Want to see what other hedge funds are holding REVG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for REV Group, Inc.
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