Neumeier Poma Investment Counsel LLC Trims Stock Holdings in REV Group, Inc. $REVG

Neumeier Poma Investment Counsel LLC reduced its position in shares of REV Group, Inc. (NYSE:REVG) by 10.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 185,660 shares of the company’s stock after selling 22,280 shares during the quarter. Neumeier Poma Investment Counsel LLC owned about 0.38% of REV Group worth $11,290,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of REVG. Arrowstreet Capital Limited Partnership increased its holdings in REV Group by 473.1% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,203,063 shares of the company’s stock worth $68,178,000 after purchasing an additional 993,153 shares during the period. Goldman Sachs Group Inc. increased its holdings in REV Group by 95.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,415,966 shares of the company’s stock worth $86,105,000 after purchasing an additional 691,091 shares during the period. Neuberger Berman Group LLC increased its holdings in REV Group by 52.3% during the 3rd quarter. Neuberger Berman Group LLC now owns 1,478,119 shares of the company’s stock worth $83,765,000 after purchasing an additional 507,524 shares during the period. Jupiter Asset Management Ltd. purchased a new position in REV Group during the 3rd quarter worth $23,607,000. Finally, JPMorgan Chase & Co. increased its holdings in REV Group by 111.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 539,133 shares of the company’s stock worth $30,553,000 after purchasing an additional 283,706 shares during the period.

REV Group Stock Performance

REVG opened at $63.90 on Friday. The stock’s fifty day moving average is $63.90 and its two-hundred day moving average is $62.63. The company has a market capitalization of $3.12 billion, a P/E ratio of 33.46 and a beta of 1.14. REV Group, Inc. has a 52 week low of $31.05 and a 52 week high of $69.92. The company has a quick ratio of 0.49, a current ratio of 1.51 and a debt-to-equity ratio of 0.10.

REV Group Profile

REV Group, Inc (NYSE: REVG) is a diversified manufacturer of specialty vehicles serving public safety, healthcare, transportation and recreation markets. The company designs, engineers and produces a broad range of products, including fire and emergency apparatus, transit and shuttle buses, work trucks, ambulances and recreational vehicles. Through its integrated platform, REV Group combines engineering expertise with customer-focused assembly to deliver purpose-built solutions that meet the exact specifications of fleet operators, municipalities and individual consumers.

The company’s product portfolio is organized into three primary segments.