Amundi Buys 59,428 Shares of Verra Mobility Co. (NASDAQ:VRRM)

Amundi lifted its holdings in Verra Mobility Co. (NASDAQ:VRRM - Free Report) by 199.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 89,166 shares of the company's stock after buying an additional 59,428 shares during the quarter. Amundi owned approximately 0.05% of Verra Mobility worth $2,206,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Wellington Management Group LLP grew its stake in Verra Mobility by 13.2% in the 3rd quarter. Wellington Management Group LLP now owns 8,065,795 shares of the company's stock worth $224,310,000 after acquiring an additional 941,127 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Verra Mobility by 0.6% in the third quarter. JPMorgan Chase & Co. now owns 6,463,246 shares of the company's stock valued at $179,743,000 after purchasing an additional 36,585 shares during the period. State Street Corp grew its stake in Verra Mobility by 6.0% in the third quarter. State Street Corp now owns 6,301,131 shares of the company's stock worth $175,234,000 after purchasing an additional 357,078 shares in the last quarter. Handelsbanken Fonder AB increased its holdings in Verra Mobility by 5.0% during the 4th quarter. Handelsbanken Fonder AB now owns 4,215,800 shares of the company's stock worth $101,938,000 after purchasing an additional 200,000 shares during the period. Finally, Geode Capital Management LLC raised its position in Verra Mobility by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 3,904,750 shares of the company's stock valued at $108,612,000 after purchasing an additional 17,688 shares in the last quarter.

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Verra Mobility Stock Up 0.8 %

Shares of VRRM traded up $0.17 during midday trading on Friday, reaching $21.07. 2,990,685 shares of the stock were exchanged, compared to its average volume of 1,072,551. The company has a market capitalization of $3.36 billion, a P/E ratio of 35.12, a PEG ratio of 2.18 and a beta of 1.30. The company has a current ratio of 2.61, a quick ratio of 2.52 and a debt-to-equity ratio of 2.13. Verra Mobility Co. has a 52 week low of $19.51 and a 52 week high of $31.03. The company's 50 day moving average is $24.52 and its two-hundred day moving average is $25.01.

Verra Mobility Profile

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.