HighTower Advisors LLC purchased a new position in shares of REV Group, Inc. (NYSE:REVG – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 13,793 shares of the company’s stock, valued at approximately $839,000.
Other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP raised its stake in REV Group by 70.0% during the 4th quarter. Allworth Financial LP now owns 425 shares of the company’s stock worth $26,000 after buying an additional 175 shares during the period. Smartleaf Asset Management LLC raised its stake in REV Group by 298.5% during the 3rd quarter. Smartleaf Asset Management LLC now owns 546 shares of the company’s stock worth $31,000 after buying an additional 409 shares during the period. IFP Advisors Inc raised its stake in REV Group by 798.5% during the 3rd quarter. IFP Advisors Inc now owns 593 shares of the company’s stock worth $34,000 after buying an additional 527 shares during the period. Canada Pension Plan Investment Board acquired a new position in REV Group during the 2nd quarter worth approximately $38,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in REV Group during the 3rd quarter worth approximately $113,000.
REV Group Price Performance
REVG stock opened at $63.90 on Friday. The stock’s 50 day simple moving average is $63.90 and its 200 day simple moving average is $62.64. REV Group, Inc. has a fifty-two week low of $31.05 and a fifty-two week high of $69.92. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.49 and a current ratio of 1.51. The company has a market cap of $3.12 billion, a P/E ratio of 33.46 and a beta of 1.14.
About REV Group
REV Group, Inc (NYSE: REVG) is a diversified manufacturer of specialty vehicles serving public safety, healthcare, transportation and recreation markets. The company designs, engineers and produces a broad range of products, including fire and emergency apparatus, transit and shuttle buses, work trucks, ambulances and recreational vehicles. Through its integrated platform, REV Group combines engineering expertise with customer-focused assembly to deliver purpose-built solutions that meet the exact specifications of fleet operators, municipalities and individual consumers.
The company’s product portfolio is organized into three primary segments.
Featured Stories
- Five stocks we like better than REV Group
- AI Server Earnings: Wall Street Sees One Clear Standout
- Navitas: NVIDIA’s AI Power Broker?
- A Lulu of a Miss Sends Lululemon to New Lows—Look Out Below
- NVIDIA’s New Power Play: Why Fluence Is Surging
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.com's FREE daily email newsletter.
