Geode Capital Management LLC Has $87.70 Million Stock Holdings in REV Group, Inc. $REVG

Geode Capital Management LLC lifted its stake in shares of REV Group, Inc. (NYSE:REVG) by 1.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,442,064 shares of the company’s stock after buying an additional 25,174 shares during the quarter. Geode Capital Management LLC’s holdings in REV Group were worth $87,704,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Allworth Financial LP lifted its stake in shares of REV Group by 70.0% during the 4th quarter. Allworth Financial LP now owns 425 shares of the company’s stock worth $26,000 after buying an additional 175 shares during the last quarter. Smartleaf Asset Management LLC increased its position in REV Group by 298.5% during the third quarter. Smartleaf Asset Management LLC now owns 546 shares of the company’s stock worth $31,000 after acquiring an additional 409 shares during the period. IFP Advisors Inc increased its position in REV Group by 798.5% during the third quarter. IFP Advisors Inc now owns 593 shares of the company’s stock worth $34,000 after acquiring an additional 527 shares during the period. Canada Pension Plan Investment Board bought a new position in REV Group during the second quarter worth about $38,000. Finally, EverSource Wealth Advisors LLC increased its position in REV Group by 145.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,152 shares of the company’s stock worth $70,000 after acquiring an additional 682 shares during the period.

REV Group Price Performance

NYSE:REVG opened at $63.90 on Monday. REV Group, Inc. has a 52 week low of $31.05 and a 52 week high of $69.92. The firm has a market cap of $3.12 billion, a price-to-earnings ratio of 33.46 and a beta of 1.14. The firm’s 50-day simple moving average is $63.90 and its 200 day simple moving average is $62.72. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.49 and a current ratio of 1.51.

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.