Kennedy Capital Management LLC Sells 9,945 Shares of REV Group, Inc. (NYSE:REVG)

Kennedy Capital Management LLC cut its stake in shares of REV Group, Inc. (NYSE:REVG - Free Report) by 1.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 879,547 shares of the company's stock after selling 9,945 shares during the quarter. REV Group accounts for about 0.6% of Kennedy Capital Management LLC's investment portfolio, making the stock its 14th largest holding. Kennedy Capital Management LLC owned approximately 1.69% of REV Group worth $28,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. New Age Alpha Advisors LLC purchased a new position in shares of REV Group in the fourth quarter valued at about $40,000. Pictet Asset Management Holding SA bought a new position in REV Group during the 4th quarter valued at approximately $202,000. Cerity Partners LLC bought a new stake in shares of REV Group in the 4th quarter worth approximately $205,000. Planning Center Inc. bought a new stake in shares of REV Group in the 4th quarter worth approximately $223,000. Finally, RD Lewis Holdings Inc. purchased a new position in shares of REV Group during the fourth quarter valued at approximately $228,000.

REV Group Trading Down 1.2 %

REV Group stock traded down $0.37 during mid-day trading on Tuesday, reaching $31.52. 178,845 shares of the company traded hands, compared to its average volume of 700,320. 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, Inc. has a 52-week low of $20.51 and a 52-week high of $36.00. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 7.02 and a beta of 1.22. The firm's 50 day moving average price is $31.37 and its 200 day moving average price is $31.03.

REV Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 28th were given a dividend of $0.06 per share. The ex-dividend date was Friday, March 28th. This represents a $0.24 annualized dividend and a dividend yield of 0.76%. REV Group's dividend payout ratio is presently 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.