Bank Julius Baer & Co. Ltd Zurich Acquires 37,034 Shares of Verra Mobility Co. (NASDAQ:VRRM)

Bank Julius Baer & Co. Ltd Zurich increased its position in shares of Verra Mobility Co. (NASDAQ:VRRM - Free Report) by 13.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 310,567 shares of the company's stock after buying an additional 37,034 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned 0.19% of Verra Mobility worth $7,545,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in Verra Mobility by 0.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,463,246 shares of the company's stock worth $179,743,000 after purchasing an additional 36,585 shares during the last quarter. Barclays PLC grew its position in Verra Mobility by 400.2% during the 3rd quarter. Barclays PLC now owns 294,457 shares of the company's stock worth $8,189,000 after acquiring an additional 235,589 shares during the last quarter. State Street Corp boosted its position in Verra Mobility by 6.0% during the 3rd quarter. State Street Corp now owns 6,301,131 shares of the company's stock worth $175,234,000 after buying an additional 357,078 shares during the period. Braun Stacey Associates Inc. grew its holdings in Verra Mobility by 148.0% during the 3rd quarter. Braun Stacey Associates Inc. now owns 439,904 shares of the company's stock worth $12,234,000 after acquiring an additional 262,509 shares during the last quarter. Finally, Citigroup Inc. raised its stake in shares of Verra Mobility by 73.0% during the third quarter. Citigroup Inc. now owns 222,910 shares of the company's stock valued at $6,199,000 after acquiring an additional 94,073 shares during the last quarter.

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Verra Mobility Trading Up 2.2 %

Shares of NASDAQ:VRRM traded up $0.44 during mid-day trading on Thursday, reaching $20.20. 1,388,055 shares of the company's stock were exchanged, compared to its average volume of 1,065,878. The company has a debt-to-equity ratio of 2.13, a quick ratio of 2.52 and a current ratio of 2.61. Verra Mobility Co. has a twelve month low of $19.51 and a twelve month high of $31.03. The firm has a market capitalization of $3.33 billion, a price-to-earnings ratio of 33.67, a PEG ratio of 2.18 and a beta of 1.30. The business's fifty day moving average price is $24.99 and its 200-day moving average price is $25.29.

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.