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

Kennedy Capital Management LLC trimmed its stake in REV Group, Inc. (NYSE:REVG - Free Report) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 879,547 shares of the company's stock after selling 9,945 shares during the period. REV Group accounts for about 0.6% of Kennedy Capital Management LLC's investment portfolio, making the stock its 14th biggest holding. Kennedy Capital Management LLC owned about 1.69% of REV Group worth $28,031,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. Invesco Ltd. increased its position in shares of REV Group by 43.4% during the fourth quarter. Invesco Ltd. now owns 1,731,557 shares of the company's stock valued at $55,185,000 after acquiring an additional 524,369 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of REV Group by 9.1% during the 4th quarter. Bank of Montreal Can now owns 8,182 shares of the company's stock valued at $261,000 after buying an additional 682 shares during the period. Cerity Partners LLC purchased a new position in REV Group in the fourth quarter worth about $205,000. FMR LLC grew its stake in shares of REV Group by 26.7% during the 4th quarter. FMR LLC now owns 7,819,739 shares of the company's stock valued at $249,215,000 after purchasing an additional 1,646,293 shares during the period. Finally, Aster Capital Management DIFC Ltd purchased a new stake in shares of REV Group during the 4th quarter valued at about $250,000.

REV Group Stock Performance

Shares of REV Group stock traded up $1.07 on Friday, hitting $32.00. 549,414 shares of the company's stock were exchanged, compared to its average volume of 703,414. 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 stock has a market capitalization of $1.65 billion, a PE ratio of 7.13 and a beta of 1.22. REV Group, Inc. has a 1 year low of $20.51 and a 1 year high of $36.00. The company has a 50-day simple moving average of $31.42 and a 200-day simple moving average of $30.97.

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REV Group Announces Dividend

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 dividend of $0.06 per share. The ex-dividend date was Friday, March 28th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.75%. REV Group's dividend payout ratio (DPR) is presently 13.48%.

Insiders Place Their Bets

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

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.