Dynamic Technology Lab Private Ltd Buys Shares of 16,520 REV Group, Inc. (NYSE:REVG)

Dynamic Technology Lab Private Ltd acquired a new stake in REV Group, Inc. (NYSE:REVG - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 16,520 shares of the company's stock, valued at approximately $526,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hennessy Advisors Inc. increased its stake in shares of REV Group by 6.8% during the fourth quarter. Hennessy Advisors Inc. now owns 460,900 shares of the company's stock worth $14,689,000 after acquiring an additional 29,400 shares during the period. Asset Management One Co. Ltd. acquired a new position in REV Group during the 4th quarter worth approximately $2,077,000. Principal Financial Group Inc. raised its stake in shares of REV Group by 151.4% during the 3rd quarter. Principal Financial Group Inc. now owns 50,252 shares of the company's stock worth $1,410,000 after buying an additional 30,262 shares in the last quarter. Ieq Capital LLC acquired a new stake in shares of REV Group in the 4th quarter valued at approximately $614,000. Finally, Anchor Capital Advisors LLC purchased a new stake in shares of REV Group in the fourth quarter valued at approximately $1,768,000.

REV Group Price Performance

NYSE:REVG traded up $1.07 during trading hours on Friday, hitting $32.00. The company's stock had a trading volume of 549,414 shares, compared to its average volume of 703,414. REV Group, Inc. has a 52-week low of $20.51 and a 52-week high of $36.00. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.72. The business's 50-day moving average is $31.42 and its two-hundred day moving average is $31.00. The company has a market capitalization of $1.65 billion, a PE ratio of 7.13 and a beta of 1.22.

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REV Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 28th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend was Friday, March 28th. REV Group's dividend payout ratio (DPR) is 13.48%.

Insider Activity at REV Group

In other REV Group news, CAO Joseph Ladue sold 4,533 shares of the stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $32.21, for a total value of $146,007.93. Following the completion of the transaction, the chief accounting officer now directly owns 20,442 shares of the company's stock, valued at approximately $658,436.82. This trade represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.70% of the company's stock.

REV Group Company 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.