REV Group, Inc. (NYSE:REVG) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC cut its stake in REV Group, Inc. (NYSE:REVG - Free Report) by 12.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,197,147 shares of the company's stock after selling 470,804 shares during the period. REV Group comprises about 1.4% of Segall Bryant & Hamill LLC's holdings, making the stock its 3rd largest holding. Segall Bryant & Hamill LLC owned about 6.14% of REV Group worth $101,893,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FMR LLC lifted its position in shares of REV Group by 68.3% during the 3rd quarter. FMR LLC now owns 6,173,446 shares of the company's stock worth $173,227,000 after purchasing an additional 2,504,568 shares during the last quarter. Geode Capital Management LLC lifted its holdings in REV Group by 15.4% during the 3rd quarter. Geode Capital Management LLC now owns 1,304,865 shares of the company's stock worth $36,621,000 after buying an additional 173,759 shares during the last quarter. Stifel Financial Corp boosted its position in shares of REV Group by 40.4% during the 3rd quarter. Stifel Financial Corp now owns 308,423 shares of the company's stock worth $8,654,000 after acquiring an additional 88,798 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its holdings in shares of REV Group by 31.8% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 315,530 shares of the company's stock valued at $8,854,000 after acquiring an additional 76,100 shares during the last quarter. Finally, Barclays PLC raised its position in shares of REV Group by 355.5% during the 3rd quarter. Barclays PLC now owns 89,619 shares of the company's stock worth $2,515,000 after acquiring an additional 69,946 shares in the last quarter.

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Insider Buying and Selling at REV Group

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

REV Group Stock Performance

REVG traded down $1.26 during trading on Friday, hitting $32.07. 1,350,310 shares of the stock were exchanged, compared to its average volume of 706,678. The firm has a market capitalization of $1.66 billion, a P/E ratio of 7.14 and a beta of 1.56. REV Group, Inc. has a 1-year low of $20.51 and a 1-year high of $36.00. The stock has a fifty day moving average price of $32.32 and a two-hundred day moving average price of $30.74. 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.75%. The ex-dividend date is Friday, March 28th. REV Group's payout ratio is currently 13.48%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on REVG shares. The Goldman Sachs Group upped their price target on REV Group from $25.00 to $28.50 and gave the company a "sell" rating in a report on Thursday, December 12th. DA Davidson increased their target price on shares of REV Group from $33.00 to $39.00 and gave the company a "buy" rating in a research report on Friday, December 13th. Finally, Robert W. Baird lifted their price target on shares of REV Group from $32.00 to $38.00 and gave the stock an "outperform" rating in a research note on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, REV Group has a consensus rating of "Hold" and an average price target of $33.75.

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.