Vestcor Inc Invests $615,000 in REV Group, Inc. $REVG

Vestcor Inc purchased a new position in shares of REV Group, Inc. (NYSE:REVG) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 10,114 shares of the company’s stock, valued at approximately $615,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Allworth Financial LP lifted its holdings 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 acquiring an additional 175 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of REV Group by 298.5% during the 3rd 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 lifted its holdings in shares of REV Group by 798.5% during the 3rd 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 stake in shares of REV Group during the 2nd quarter worth approximately $38,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of REV Group by 145.1% during the 4th 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 Stock Performance

Shares of REV Group stock opened at $63.90 on Tuesday. The company has a 50 day moving average of $63.90 and a 200-day moving average of $62.81. REV Group, Inc. has a 1-year low of $31.05 and a 1-year high of $69.92. The company has a current ratio of 1.51, a quick ratio of 0.49 and a debt-to-equity ratio of 0.10. The company has a market cap of $3.12 billion, a PE ratio of 33.46 and a beta of 1.14.

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.