REV Group, Inc. (NYSE:REVG) Holdings Raised by Barclays PLC

Barclays PLC increased its stake in REV Group, Inc. (NYSE:REVG) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,130 shares of the company’s stock after acquiring an additional 9,511 shares during the period. Barclays PLC owned approximately 0.19% of REV Group worth $3,158,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in REVG. New Age Alpha Advisors LLC acquired a new position in shares of REV Group during the 4th quarter valued at $40,000. Pictet Asset Management Holding SA bought a new stake in REV Group in the fourth quarter worth about $202,000. Cerity Partners LLC acquired a new stake in REV Group in the 4th quarter valued at about $205,000. RD Lewis Holdings Inc. acquired a new position in shares of REV Group in the 4th quarter worth approximately $228,000. Finally, Planning Center Inc. bought a new stake in shares of REV Group in the 4th quarter worth approximately $223,000.

REV Group Stock Performance

REVG stock opened at $32.29 on Wednesday. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 7.19 and a beta of 1.22. The firm has a 50 day moving average of $30.86 and a two-hundred day moving average of $31.28. The company has a quick ratio of 0.43, a current ratio of 1.72 and a debt-to-equity ratio of 0.20. REV Group, Inc. has a 12 month low of $21.42 and a 12 month high of $36.00.

REV Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, March 28th were issued a dividend of $0.06 per share. The ex-dividend date was Friday, March 28th. This represents a $0.24 annualized dividend and a yield of 0.74%. REV Group’s dividend payout ratio (DPR) is currently 13.48%.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley lowered shares of REV Group from an “equal weight” rating to an “underweight” rating and set a $33.00 price target on the stock. in a research report on Wednesday, April 16th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $34.63.

REV Group Profile

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.