AYAL Capital Advisors Ltd Has $7.18 Million Stock Position in REV Group, Inc. (NYSE:REVG)

AYAL Capital Advisors Ltd boosted its position in REV Group, Inc. (NYSE:REVG - Free Report) by 7.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 225,123 shares of the company's stock after purchasing an additional 15,543 shares during the quarter. REV Group comprises 1.9% of AYAL Capital Advisors Ltd's holdings, making the stock its 9th biggest position. AYAL Capital Advisors Ltd owned approximately 0.43% of REV Group worth $7,175,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV bought a new position in REV Group in the 4th quarter worth approximately $226,000. AQR Capital Management LLC raised its position in shares of REV Group by 5.6% during the 4th quarter. AQR Capital Management LLC now owns 390,158 shares of the company's stock worth $12,434,000 after buying an additional 20,667 shares in the last quarter. Northern Trust Corp lifted its stake in shares of REV Group by 7.3% in the 4th quarter. Northern Trust Corp now owns 488,004 shares of the company's stock worth $15,553,000 after acquiring an additional 33,308 shares during the period. Tudor Investment Corp ET AL acquired a new stake in REV Group in the fourth quarter worth approximately $741,000. Finally, Aquatic Capital Management LLC bought a new position in REV Group during the 4th quarter valued at $474,000.

REV Group Stock Performance

NYSE REVG traded up $0.20 during midday trading on Thursday, hitting $35.75. The company had a trading volume of 344,199 shares, compared to its average volume of 696,300. The firm has a fifty day simple moving average of $31.36 and a two-hundred day simple moving average of $31.50. The company has a quick ratio of 0.43, a current ratio of 1.72 and a debt-to-equity ratio of 0.20. REV Group, Inc. has a fifty-two week low of $21.54 and a fifty-two week high of $37.23. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of 7.96 and a beta of 1.12.

REV Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, March 28th were paid a $0.06 dividend. The ex-dividend date was Friday, March 28th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.67%. REV Group's dividend payout ratio (DPR) is presently 13.48%.

Analyst Ratings Changes

Separately, Morgan Stanley lowered REV Group from an "equal weight" rating to an "underweight" rating and set a $33.00 price objective for the company. 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 issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $34.63.

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.