Aigen Investment Management LP acquired a new stake in Verra Mobility Co. (NASDAQ:VRRM - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,535 shares of the company's stock, valued at approximately $303,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. First Horizon Advisors Inc. raised its position in shares of Verra Mobility by 192.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,133 shares of the company's stock worth $32,000 after purchasing an additional 745 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in Verra Mobility by 245.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,309 shares of the company's stock worth $56,000 after buying an additional 1,640 shares in the last quarter. Avanza Fonder AB acquired a new position in shares of Verra Mobility during the fourth quarter valued at approximately $74,000. US Bancorp DE lifted its position in shares of Verra Mobility by 10.3% in the third quarter. US Bancorp DE now owns 4,478 shares of the company's stock valued at $125,000 after acquiring an additional 418 shares in the last quarter. Finally, Arcadia Investment Management Corp MI acquired a new stake in shares of Verra Mobility in the fourth quarter worth approximately $129,000.
Verra Mobility Price Performance
Shares of VRRM traded down $0.14 during trading hours on Wednesday, hitting $19.78. 1,216,013 shares of the stock were exchanged, compared to its average volume of 1,064,007. The stock's 50-day moving average price is $25.07 and its two-hundred day moving average price is $25.33. The company has a debt-to-equity ratio of 2.13, a quick ratio of 2.52 and a current ratio of 2.61. The company has a market cap of $3.26 billion, a price-to-earnings ratio of 32.96, a price-to-earnings-growth ratio of 2.18 and a beta of 1.30. Verra Mobility Co. has a 12-month low of $19.52 and a 12-month high of $31.03.
About Verra Mobility
(
Free Report)
Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Canada, and Europe. It operates through three segments: Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment provides automated toll and violations management, and title and registration services to rental car companies, fleet management companies, and other large fleet owners.
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