REV Group, Inc. $REVG Shares Bought by Cwm LLC

Cwm LLC raised its position in REV Group, Inc. (NYSE:REVG) by 58.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,985 shares of the company’s stock after acquiring an additional 8,476 shares during the quarter. Cwm LLC’s holdings in REV Group were worth $1,398,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of REVG. Arrowstreet Capital Limited Partnership grew its position in REV Group by 473.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,203,063 shares of the company’s stock valued at $68,178,000 after acquiring an additional 993,153 shares in the last quarter. Neuberger Berman Group LLC grew its position in REV Group by 52.3% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,478,119 shares of the company’s stock valued at $83,765,000 after acquiring an additional 507,524 shares in the last quarter. Jupiter Asset Management Ltd. acquired a new position in REV Group in the 3rd quarter valued at about $23,607,000. JPMorgan Chase & Co. grew its position in REV Group by 111.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 539,133 shares of the company’s stock valued at $30,553,000 after acquiring an additional 283,706 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its position in REV Group by 117.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 518,006 shares of the company’s stock valued at $29,355,000 after acquiring an additional 280,317 shares in the last quarter.

REV Group Price Performance

Shares of NYSE REVG opened at $63.90 on Monday. The company has a current ratio of 1.51, a quick ratio of 0.49 and a debt-to-equity ratio of 0.10. REV Group, Inc. has a twelve month low of $31.05 and a twelve month high of $69.92. The stock has a 50 day moving average of $63.90 and a two-hundred day moving average of $61.08. The stock has a market cap of $3.12 billion, a P/E ratio of 33.46 and a beta of 1.14.

Wall Street Analyst Weigh In

Separately, Zacks Research raised REV Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $49.25.

REV Group 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.