1 day Ago By ABMN Staff
Arizona State Retirement System boosted its holdings in REV Group, Inc. ( NYSE:REVG – Free Report ) by 21.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 13,800 shares of the company’s stock after acquiring an additional 2,476 shares during the period. Arizona State Retirement System’s holdings in REV Group were worth $343,000 at the end of the most recent quarter. A number of other large investors have also recently bought and sold shares of REVG.
Vanguard Group Inc. lifted its holdings in REV Group by 56.3% in the first quarter.
Vanguard Group Inc. now owns 4,714,060 shares of the company’s stock worth $104,134,000 after acquiring an additional 1,698,502 shares during the last quarter. Kennedy Capital Management LLC lifted its holdings in REV Group by 161.
8% in the first quarter. Kennedy Capital Management LLC now owns 947,919 shares of the company’s stock worth $20,940,000 after acquiring an additional 585,841 shares during the last quarter. Hennessy Advisors Inc.
bought a new position in REV Group in the second quarter worth about $9,535,000. Hood River Capital Management LLC bought a new stake in shares of REV Group during the first quarter valued at approximately $8,240,000. Finally, Bessemer Group Inc.
bought a new stake in shares of REV Group during the first quarter valued at approximately $6,293,000. REV Group Price Performance NYSE REVG opened at $28.56 on Wednesday.
REV Group, Inc. has a 12 month low of $14.04 and a 12 month high of $31.
85. 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 firm has a market capitalization of $1.
48 billion, a PE ratio of 6.98 and a beta of 1.59.
The company’s 50 day simple moving average is $27.80 and its 200 day simple moving average is $25.04.
REV Group Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, October 11th. Shareholders of record on Friday, September 27th will be given a $0.05 dividend.
The ex-dividend date is Friday, September 27th. This represents a $0.20 annualized dividend and a yield of 0.
70%. REV Group’s dividend payout ratio (DPR) is 4.89%.
Analyst Upgrades and Downgrades REVG has been the topic of a number of recent analyst reports. The Goldman Sachs Group lifted 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. StockNews.com cut REV Group from a “buy” rating to a “hold” rating in a report on Thursday, September 5th.
DA Davidson reaffirmed a “buy” rating and set a $33.00 price target on shares of REV Group in a report on Thursday, September 5th. Finally, Morgan Stanley initiated coverage on REV Group in a report on Tuesday, June 11th.
They set an “equal weight” rating and a $29.50 price target on the stock. Get Our Latest Stock Analysis on REVG REV Group 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. Featured Articles 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. ( NYSE:REVG – Free Report ). Receive News & Ratings for REV Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for REV Group and related companies with MarketBeat.
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