Amundi Grows Position in Verra Mobility Co. (NASDAQ:VRRM)

Amundi raised its stake in Verra Mobility Co. (NASDAQ:VRRM - Free Report) by 199.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 89,166 shares of the company's stock after buying an additional 59,428 shares during the quarter. Amundi owned about 0.05% of Verra Mobility worth $2,206,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VRRM. Atria Investments Inc acquired a new stake in shares of Verra Mobility during the third quarter worth about $260,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of Verra Mobility during the third quarter worth about $332,000. Royce & Associates LP lifted its position in shares of Verra Mobility by 63.5% during the third quarter. Royce & Associates LP now owns 48,078 shares of the company's stock worth $1,337,000 after purchasing an additional 18,681 shares in the last quarter. Natixis Advisors LLC lifted its position in shares of Verra Mobility by 61.9% during the third quarter. Natixis Advisors LLC now owns 19,059 shares of the company's stock worth $530,000 after purchasing an additional 7,285 shares in the last quarter. Finally, Mutual of America Capital Management LLC lifted its position in shares of Verra Mobility by 125.7% during the third quarter. Mutual of America Capital Management LLC now owns 61,775 shares of the company's stock worth $1,718,000 after purchasing an additional 34,404 shares in the last quarter.

Verra Mobility Stock Up 0.3 %

Shares of VRRM traded up $0.07 during mid-day trading on Thursday, hitting $20.90. 937,579 shares of the company's stock were exchanged, compared to its average volume of 1,064,887. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 34.83, a P/E/G ratio of 2.18 and a beta of 1.30. Verra Mobility Co. has a fifty-two week low of $19.51 and a fifty-two week high of $31.03. 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 stock's 50-day moving average is $24.52 and its 200-day moving average is $25.01.

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About Verra Mobility

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.