Mint Tower Capital Management B.V. Invests $4.26 Million in REV Group, Inc. $REVG

Mint Tower Capital Management B.V. acquired a new position in REV Group, Inc. (NYSE:REVG) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 70,000 shares of the company’s stock, valued at approximately $4,257,000. Mint Tower Capital Management B.V. owned about 0.14% of REV Group at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Aviva PLC grew its holdings in shares of REV Group by 64.8% in the 4th quarter. Aviva PLC now owns 8,797 shares of the company’s stock worth $535,000 after acquiring an additional 3,459 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of REV Group by 8.2% in the 4th quarter. Deutsche Bank AG now owns 43,375 shares of the company’s stock worth $2,638,000 after acquiring an additional 3,274 shares during the last quarter. Fox Run Management L.L.C. acquired a new position in shares of REV Group in the 4th quarter worth $390,000. Cerity Partners LLC grew its holdings in shares of REV Group by 39.7% in the 4th quarter. Cerity Partners LLC now owns 20,271 shares of the company’s stock worth $1,233,000 after acquiring an additional 5,758 shares during the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of REV Group by 26.6% in the 4th quarter. Franklin Resources Inc. now owns 93,583 shares of the company’s stock worth $5,691,000 after acquiring an additional 19,683 shares during the last quarter.

REV Group Stock Performance

Shares of NYSE REVG opened at $63.90 on Friday. The company has a quick ratio of 0.49, a current ratio of 1.51 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $3.12 billion, a price-to-earnings ratio of 33.46 and a beta of 1.14. The stock’s fifty day simple moving average is $63.90 and its 200 day simple moving average is $63.11. 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.