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

Geode Capital Management LLC raised its position in REV Group, Inc. (NYSE:REVG) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,442,064 shares of the company’s stock after acquiring an additional 25,174 shares during the quarter. Geode Capital Management LLC owned approximately 2.95% of REV Group worth $87,704,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in REVG. Arrowstreet Capital Limited Partnership lifted its stake in REV Group by 473.1% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,203,063 shares of the company’s stock valued at $68,178,000 after acquiring an additional 993,153 shares during the last quarter. Neuberger Berman Group LLC lifted its stake in shares of REV Group by 52.3% during the 3rd quarter. Neuberger Berman Group LLC now owns 1,478,119 shares of the company’s stock worth $83,765,000 after buying an additional 507,524 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new stake in shares of REV Group during the 3rd quarter worth about $23,607,000. JPMorgan Chase & Co. lifted its stake in shares of REV Group by 111.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 539,133 shares of the company’s stock worth $30,553,000 after buying an additional 283,706 shares during the last quarter. Finally, Qube Research & Technologies Ltd lifted its stake in shares of REV Group by 117.9% during the 3rd quarter. Qube Research & Technologies Ltd now owns 518,006 shares of the company’s stock worth $29,355,000 after buying an additional 280,317 shares during the last quarter.

REV Group Stock Performance

NYSE REVG opened at $63.90 on Monday. The firm has a 50-day moving average of $63.90 and a 200-day moving average of $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. The stock has a market cap of $3.12 billion, a PE ratio of 33.46 and a beta of 1.14. REV Group, Inc. has a 52-week low of $31.05 and a 52-week high of $69.92.

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.