Revolve Group, Inc. (NYSE:RVLV) Shares Purchased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC raised its position in Revolve Group, Inc. (NYSE:RVLV) by 100.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 39,758 shares of the company’s stock after buying an additional 19,879 shares during the quarter. Knights of Columbus Asset Advisors LLC owned about 0.06% of Revolve Group worth $659,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of RVLV. Kayne Anderson Rudnick Investment Management LLC raised its holdings in Revolve Group by 5.5% during the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 7,466,195 shares of the company’s stock worth $101,615,000 after purchasing an additional 390,670 shares in the last quarter. Qube Research & Technologies Ltd raised its position in shares of Revolve Group by 38.3% during the 3rd quarter. Qube Research & Technologies Ltd now owns 534,242 shares of the company’s stock worth $7,271,000 after purchasing an additional 148,050 shares during the last quarter. Dark Forest Capital Management LP lifted its stake in Revolve Group by 55.5% in the 3rd quarter. Dark Forest Capital Management LP now owns 91,096 shares of the company’s stock valued at $1,240,000 after buying an additional 32,530 shares in the last quarter. Raymond James & Associates grew its holdings in Revolve Group by 43.2% during the 3rd quarter. Raymond James & Associates now owns 251,382 shares of the company’s stock valued at $3,421,000 after buying an additional 75,832 shares during the last quarter. Finally, Trexquant Investment LP increased its position in Revolve Group by 98.2% during the third quarter. Trexquant Investment LP now owns 166,899 shares of the company’s stock worth $2,271,000 after buying an additional 82,686 shares in the last quarter. Hedge funds and other institutional investors own 67.60% of the company’s stock.

Revolve Group Stock Up 0.4 %

Shares of NYSE:RVLV opened at $19.20 on Monday. The company has a market cap of $1.36 billion, a PE ratio of 50.53, a P/E/G ratio of 1.35 and a beta of 2.17. Revolve Group, Inc. has a fifty-two week low of $12.25 and a fifty-two week high of $23.19. The firm has a 50-day simple moving average of $19.56 and a 200 day simple moving average of $16.57.

Revolve Group (NYSE:RVLV) last posted its earnings results on Tuesday, February 27th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.02 by $0.03. The company had revenue of $257.78 million during the quarter, compared to analyst estimates of $246.20 million. Revolve Group had a return on equity of 7.11% and a net margin of 2.63%. The business’s revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.11 earnings per share. As a group, research analysts forecast that Revolve Group, Inc. will post 0.48 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

RVLV has been the subject of several research analyst reports. Morgan Stanley began coverage on shares of Revolve Group in a research report on Wednesday, February 28th. They set an “equal weight” rating for the company. Robert W. Baird restated a “neutral” rating and set a $17.00 price objective on shares of Revolve Group in a report on Thursday, January 4th. Wedbush lifted their target price on Revolve Group from $12.00 to $17.00 and gave the company a “neutral” rating in a report on Wednesday, February 28th. Evercore ISI upped their price target on Revolve Group from $15.00 to $17.00 and gave the stock an “in-line” rating in a research note on Wednesday, February 28th. Finally, Needham & Company LLC boosted their price objective on shares of Revolve Group from $16.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, February 28th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $18.85.

Revolve Group Company Profile

Revolve Group, Inc operates as an online fashion retailer for millennial and generation z consumers in the United States and internationally. The company operates in two segments, REVOLVE and FWRD. It operates a platform that connects consumers and global fashion influencers, as well as emerging, established, and owned brands.