Sierra Summit Advisors LLC Purchases Shares of 16,025 REV Group, Inc. $REVG

Sierra Summit Advisors LLC purchased a new stake in REV Group, Inc. (NYSE:REVG) during the 4th quarter, Holdings Channel reports. The firm purchased 16,025 shares of the company’s stock, valued at approximately $974,000.

Several other large investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of REV Group by 0.6% in the third quarter. Vanguard Group Inc. now owns 5,126,206 shares of the company’s stock valued at $290,502,000 after purchasing an additional 30,651 shares during the period. Neuberger Berman Group LLC increased its stake in shares of REV Group by 52.3% in the third quarter. Neuberger Berman Group LLC now owns 1,478,119 shares of the company’s stock valued at $83,765,000 after purchasing an additional 507,524 shares during the period. High Ground Investment Management LLP increased its stake in shares of REV Group by 12.2% in the fourth quarter. High Ground Investment Management LLP now owns 1,464,784 shares of the company’s stock valued at $89,074,000 after purchasing an additional 158,815 shares during the period. State Street Corp increased its stake in shares of REV Group by 11.2% in the second quarter. State Street Corp now owns 1,345,451 shares of the company’s stock valued at $64,108,000 after purchasing an additional 135,875 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of 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 purchasing an additional 993,153 shares during the period.

REV Group Price Performance

Shares of NYSE:REVG opened at $63.90 on Thursday. The firm’s 50 day moving average is $63.90 and its two-hundred day moving average is $61.73. REV Group, Inc. has a 52 week low of $31.05 and a 52 week high of $69.92. The firm has a market capitalization of $3.12 billion, a P/E ratio of 33.46 and a beta of 1.14. The company has a current ratio of 1.51, a quick ratio of 0.49 and a debt-to-equity ratio of 0.10.

About REV Group

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.