XTX Topco Ltd Increases Holdings in REV Group, Inc. (NYSE:REVG)

XTX Topco Ltd increased its position in REV Group, Inc. (NYSE:REVG) by 327.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,232 shares of the company’s stock after purchasing an additional 32,361 shares during the quarter. XTX Topco Ltd’s holdings in REV Group were worth $1,346,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of REVG. State Street Corp raised its holdings in shares of REV Group by 3.3% in the 3rd quarter. State Street Corp now owns 1,089,130 shares of the company’s stock valued at $30,615,000 after purchasing an additional 35,066 shares in the last quarter. Barclays PLC raised its stake in REV Group by 355.5% in the third quarter. Barclays PLC now owns 89,619 shares of the company’s stock worth $2,515,000 after buying an additional 69,946 shares in the last quarter. Geode Capital Management LLC lifted its holdings in REV Group by 15.4% during the third 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 period. Franklin Resources Inc. boosted its position in REV Group by 0.8% during the 3rd quarter. Franklin Resources Inc. now owns 99,636 shares of the company’s stock valued at $2,776,000 after acquiring an additional 766 shares in the last quarter. Finally, Principal Financial Group Inc. increased its holdings in shares of REV Group by 151.4% in the 3rd quarter. Principal Financial Group Inc. now owns 50,252 shares of the company’s stock valued at $1,410,000 after acquiring an additional 30,262 shares during the period.

REV Group Price Performance

REVG opened at $32.07 on Tuesday. The firm has a market capitalization of $1.66 billion, a PE ratio of 7.14 and a beta of 1.22. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.72 and a quick ratio of 0.43. The business’s 50-day moving average is $31.37 and its two-hundred day moving average is $31.03. REV Group, Inc. has a 1 year low of $20.51 and a 1 year high of $36.00.

REV Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, March 28th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.24 annualized dividend and a dividend yield of 0.75%. REV Group’s dividend payout ratio is presently 13.48%.

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.