14,887 Shares in REV Group, Inc. (NYSE:REVG) Purchased by Aquatic Capital Management LLC

Aquatic Capital Management LLC purchased a new stake in REV Group, Inc. (NYSE:REVG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 14,887 shares of the company's stock, valued at approximately $474,000.

Several other large investors also recently bought and sold shares of REVG. Bank of Montreal Can grew its position in shares of REV Group by 9.1% during the fourth quarter. Bank of Montreal Can now owns 8,182 shares of the company's stock worth $261,000 after acquiring an additional 682 shares during the last quarter. Franklin Resources Inc. grew its position in REV Group by 0.8% during the 3rd quarter. Franklin Resources Inc. now owns 99,636 shares of the company's stock worth $2,776,000 after purchasing an additional 766 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in REV Group by 2.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 30,700 shares of the company's stock valued at $978,000 after purchasing an additional 859 shares during the period. Dark Forest Capital Management LP raised its holdings in shares of REV Group by 9.9% in the fourth quarter. Dark Forest Capital Management LP now owns 10,427 shares of the company's stock valued at $332,000 after buying an additional 935 shares during the last quarter. Finally, Rhumbline Advisers boosted its stake in shares of REV Group by 1.4% during the fourth quarter. Rhumbline Advisers now owns 71,130 shares of the company's stock worth $2,267,000 after buying an additional 1,000 shares during the period.

Wall Street Analyst Weigh In

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

REV Group Stock Up 1.6 %

REV Group stock traded up $0.55 during midday trading on Monday, hitting $35.57. 625,640 shares of the company were exchanged, compared to its average volume of 699,145. The company has a market cap of $1.84 billion, a PE ratio of 7.92 and a beta of 1.12. REV Group, Inc. has a fifty-two week low of $21.54 and a fifty-two week high of $36.00. The company's fifty day moving average price is $31.16 and its 200-day moving average price is $31.44. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.72 and a quick ratio of 0.43.

REV Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, March 28th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date of this dividend was Friday, March 28th. REV Group's payout ratio is currently 13.48%.

About REV Group

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.