Seizert Capital Partners LLC Has $468,000 Stake in REV Group, Inc. (NYSE:REVG)

Seizert Capital Partners LLC lowered its position in REV Group, Inc. (NYSE:REVG) by 2.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 14,680 shares of the company’s stock after selling 440 shares during the period. Seizert Capital Partners LLC’s holdings in REV Group were worth $468,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of REVG. Farther Finance Advisors LLC lifted its position in shares of REV Group by 27.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,158 shares of the company’s stock worth $61,000 after purchasing an additional 461 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of REV Group by 81.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 29,841 shares of the company’s stock worth $837,000 after purchasing an additional 13,361 shares during the period. Principal Financial Group Inc. lifted its position in shares of REV Group by 151.4% in the 3rd quarter. Principal Financial Group Inc. now owns 50,252 shares of the company’s stock worth $1,410,000 after purchasing an additional 30,262 shares during the period. Atria Investments Inc acquired a new position in shares of REV Group during the 3rd quarter valued at $201,000. Finally, Victory Capital Management Inc. lifted its position in shares of REV Group by 2.9% during the 3rd quarter. Victory Capital Management Inc. now owns 29,334 shares of the company’s stock valued at $823,000 after acquiring an additional 822 shares during the period.

Insider Buying and Selling at REV Group

In other REV Group news, CAO Joseph Ladue sold 4,533 shares of the business’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $32.21, for a total transaction of $146,007.93. Following the completion of the sale, the chief accounting officer now owns 20,442 shares in the company, valued at approximately $658,436.82. The trade was a 18.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.70% of the stock is currently owned by company insiders.

REV Group Stock Performance

Shares of REVG stock opened at $27.97 on Thursday. The firm has a market capitalization of $1.46 billion, a PE ratio of 6.23 and a beta of 1.60. The firm has a fifty day simple moving average of $32.78 and a two-hundred day simple moving average of $30.47. The company has a current ratio of 1.72, a quick ratio of 0.43 and a debt-to-equity ratio of 0.20. REV Group, Inc. has a 12 month low of $17.76 and a 12 month high of $36.00.

REV Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.86%. REV Group’s dividend payout ratio (DPR) is presently 5.35%.

Analyst Ratings Changes

A number of research firms recently issued reports on REVG. DA Davidson boosted their target price on shares of REV Group from $33.00 to $39.00 and gave the company a “buy” rating in a research report on Friday, December 13th. The Goldman Sachs Group boosted their target price on shares of REV Group from $25.00 to $28.50 and gave the company a “sell” rating in a research report on Thursday, December 12th. Finally, Robert W. Baird boosted their target price on shares of REV Group from $32.00 to $38.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. According to MarketBeat, REV Group has a consensus rating of “Hold” and a consensus target price of $33.75.

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.