Knights of Columbus Asset Advisors LLC Has $659,000 Stock Position in Revolve Group, Inc. (NYSE:RVLV)

Knights of Columbus Asset Advisors LLC boosted its position in shares of Revolve Group, Inc. (NYSE:RVLV) by 100.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 39,758 shares of the company’s stock after purchasing an additional 19,879 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Revolve Group were worth $659,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Signaturefd LLC grew its stake in Revolve Group by 452.4% in the third quarter. Signaturefd LLC now owns 1,823 shares of the company’s stock valued at $25,000 after acquiring an additional 1,493 shares during the period. CWM LLC grew its position in shares of Revolve Group by 761.5% in the 3rd quarter. CWM LLC now owns 2,929 shares of the company’s stock valued at $40,000 after purchasing an additional 2,589 shares during the period. Systematic Financial Management LP bought a new stake in Revolve Group during the 1st quarter worth approximately $88,000. PNC Financial Services Group Inc. raised its holdings in Revolve Group by 36.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,109 shares of the company’s stock worth $91,000 after buying an additional 1,089 shares during the period. Finally, Assetmark Inc. lifted its stake in Revolve Group by 11.7% in the third quarter. Assetmark Inc. now owns 7,621 shares of the company’s stock valued at $104,000 after buying an additional 797 shares in the last quarter. 67.60% of the stock is currently owned by institutional investors and hedge funds.

Revolve Group Stock Performance

Shares of RVLV stock opened at $19.20 on Monday. Revolve Group, Inc. has a 52-week low of $12.25 and a 52-week high of $23.19. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 50.53, a PEG ratio of 1.35 and a beta of 2.17. The firm’s 50-day moving average is $19.56 and its 200-day moving average is $16.57.

Revolve Group (NYSE:RVLV) last released its quarterly earnings data on Tuesday, February 27th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.03. Revolve Group had a return on equity of 7.11% and a net margin of 2.63%. The firm had revenue of $257.78 million for the quarter, compared to analyst estimates of $246.20 million. During the same quarter in the prior year, the company earned $0.11 earnings per share. The business’s revenue for the quarter was down .5% compared to the same quarter last year. Sell-side analysts predict that Revolve Group, Inc. will post 0.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on RVLV shares. BTIG Research increased their price objective on shares of Revolve Group from $22.00 to $24.00 and gave the stock a “buy” rating in a research report on Wednesday, April 3rd. Robert W. Baird reissued a “neutral” rating and issued a $17.00 price target on shares of Revolve Group in a research note on Thursday, January 4th. Piper Sandler upped their price objective on Revolve Group from $21.00 to $22.50 and gave the stock an “overweight” rating in a research report on Wednesday, February 28th. The Goldman Sachs Group assumed coverage on Revolve Group in a research report on Wednesday, January 10th. They issued a “sell” rating and a $12.00 target price on the stock. Finally, Raymond James raised Revolve Group from a “market perform” rating to an “outperform” rating and set a $21.00 price target for the company in a research report on Wednesday, February 28th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $18.85.

About Revolve Group

Revolve Group, Inc operates as an online fashion retailer for millennial and generation z consumers in the United States and internationally. The company operates in two segments, REVOLVE and FWRD. It operates a platform that connects consumers and global fashion influencers, as well as emerging, established, and owned brands.