HighTower Advisors LLC Makes New $839,000 Investment in REV Group, Inc. $REVG

HighTower Advisors LLC bought a new position in shares of REV Group, Inc. (NYSE:REVG) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 13,793 shares of the company’s stock, valued at approximately $839,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of REV Group by 5.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,726 shares of the company’s stock valued at $971,000 after purchasing an additional 1,520 shares during the period. Marshall Wace LLP lifted its stake in shares of REV Group by 54.5% in the 2nd quarter. Marshall Wace LLP now owns 62,786 shares of the company’s stock valued at $2,988,000 after purchasing an additional 22,153 shares during the period. State Street Corp lifted its stake in shares of REV Group by 11.2% in the 2nd quarter. State Street Corp now owns 1,345,451 shares of the company’s stock valued at $64,108,000 after purchasing an additional 135,875 shares during the period. Qube Research & Technologies Ltd lifted its stake in shares of REV Group by 22.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 237,689 shares of the company’s stock valued at $11,312,000 after purchasing an additional 42,827 shares during the period. Finally, Sei Investments Co. lifted its stake in shares of REV Group by 28.7% in the 2nd quarter. Sei Investments Co. now owns 97,309 shares of the company’s stock valued at $4,631,000 after purchasing an additional 21,722 shares during the period.

REV Group Price Performance

Shares of NYSE:REVG opened at $63.90 on Friday. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of 33.46 and a beta of 1.14. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.51 and a quick ratio of 0.49. The business’s 50-day moving average is $63.90 and its 200-day moving average is $62.64. REV Group, Inc. has a 1 year low of $31.05 and a 1 year high of $69.92.

REV Group Company 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.