CWA Asset Management Group LLC Buys Shares of 19,226 REV Group, Inc. $REVG

Key Points

• CWA Asset Management Group LLC opened a new position in REV Group (NYSE: REVG) in Q4, purchasing 19,226 shares valued at about $1.169 million.
• REVG recently traded near $63.90, with a 12‑month range of $26.51–$69.92, a market cap of $3.12 billion and a P/E of 33.46, reflecting a relatively elevated valuation.
• Analyst sentiment is mixed—MarketBeat shows an average rating of "Hold" with a $49.25 average target, though some firms (Zacks, Weiss) have issued buy/strong‑buy views.

CWA Asset Management Group LLC purchased a new position in REV Group, Inc. (NYSE:REVG - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 19,226 shares of the company's stock, valued at approximately $1,169,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of REVG. Farther Finance Advisors LLC increased its holdings in REV Group by 19.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,131 shares of the company's stock worth $64,000 after buying an additional 181 shares in the last quarter. Ameritas Investment Partners Inc. lifted its stake in REV Group by 4.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,249 shares of the company's stock valued at $250,000 after acquiring an additional 218 shares during the period. Osaic Holdings Inc. boosted its holdings in shares of REV Group by 2.6% during the 2nd quarter. Osaic Holdings Inc. now owns 9,545 shares of the company's stock valued at $454,000 after acquiring an additional 239 shares during the last quarter. Savant Capital LLC boosted its holdings in shares of REV Group by 4.4% during the 3rd quarter. Savant Capital LLC now owns 6,615 shares of the company's stock valued at $375,000 after acquiring an additional 278 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey grew its stake in shares of REV Group by 2.6% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 11,515 shares of the company's stock worth $548,000 after acquiring an additional 289 shares during the period.

REV Group Stock Performance

REVG opened at $63.90 on Monday. The company's 50 day moving average is $64.89 and its 200 day moving average is $60.15. The company has a current ratio of 1.51, a quick ratio of 0.49 and a debt-to-equity ratio of 0.10. The company has a market cap of $3.12 billion, a price-to-earnings ratio of 33.46 and a beta of 1.14. REV Group, Inc. has a 12-month low of $26.51 and a 12-month high of $69.92.

Analysts Set New Price Targets

REVG has been the subject of several research reports. Zacks Research raised shares of REV Group from a "hold" rating to a "strong-buy" rating in a report on Monday, January 12th. Robert W. Baird reaffirmed a "neutral" rating and issued a $55.00 target price (down from $64.00) on shares of REV Group in a research report on Monday, December 1st. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of REV Group in a research note on Wednesday, December 24th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $49.25.

REV Group Company 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.

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