19,226 Shares in REV Group, Inc. $REVG Bought by CWA Asset Management Group LLC

CWA Asset Management Group LLC purchased a new stake in shares of REV Group, Inc. (NYSE:REVG) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 19,226 shares of the company’s stock, valued at approximately $1,169,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of REV Group by 0.6% in the third quarter. Vanguard Group Inc. now owns 5,126,206 shares of the company’s stock worth $290,502,000 after buying an additional 30,651 shares during the period. Neuberger Berman Group LLC grew its holdings in REV Group by 52.3% during the 3rd quarter. Neuberger Berman Group LLC now owns 1,478,119 shares of the company’s stock valued at $83,765,000 after buying an additional 507,524 shares in the last quarter. State Street Corp grew its holdings in REV Group by 11.2% during the 2nd quarter. State Street Corp now owns 1,345,451 shares of the company’s stock valued at $64,108,000 after buying an additional 135,875 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of REV Group by 473.1% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,203,063 shares of the company’s stock valued at $68,178,000 after buying an additional 993,153 shares during the last quarter. Finally, American Century Companies Inc. raised its position in shares of REV Group by 11.8% during the third quarter. American Century Companies Inc. now owns 1,055,645 shares of the company’s stock valued at $59,823,000 after buying an additional 110,998 shares during the last quarter.

REV Group Price Performance

Shares of NYSE:REVG opened at $63.90 on Monday. REV Group, Inc. has a 1 year low of $26.51 and a 1 year high of $69.92. The business has a 50 day simple moving average of $64.89 and a two-hundred day simple moving average of $60.15. The firm has a market capitalization of $3.12 billion, a PE ratio of 33.46 and a beta of 1.14. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.51 and a quick ratio of 0.49.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on REVG shares. Robert W. Baird restated a “neutral” rating and set a $55.00 target price (down from $64.00) on shares of REV Group in a research report on Monday, December 1st. Weiss Ratings reiterated a “buy (b-)” rating on shares of REV Group in a report on Wednesday, December 24th. Finally, Zacks Research upgraded shares of REV Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $49.25.

REV Group Company Profile

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.