Verra Mobility Co. (NASDAQ:VRRM) Shares Sold by Blair William & Co. IL

Blair William & Co. IL lessened its holdings in Verra Mobility Co. (NASDAQ:VRRM - Free Report) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 643,526 shares of the company's stock after selling 30,625 shares during the period. Blair William & Co. IL owned approximately 0.39% of Verra Mobility worth $15,560,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Smartleaf Asset Management LLC increased its holdings in Verra Mobility by 245.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,309 shares of the company's stock valued at $56,000 after purchasing an additional 1,640 shares during the last quarter. Avanza Fonder AB acquired a new stake in shares of Verra Mobility in the fourth quarter valued at $74,000. Arcadia Investment Management Corp MI purchased a new stake in shares of Verra Mobility in the 4th quarter valued at $129,000. PNC Financial Services Group Inc. lifted its stake in Verra Mobility by 6.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,381 shares of the company's stock worth $154,000 after acquiring an additional 409 shares in the last quarter. Finally, KBC Group NV boosted its holdings in Verra Mobility by 61.9% during the 4th quarter. KBC Group NV now owns 7,090 shares of the company's stock valued at $171,000 after acquiring an additional 2,710 shares during the period.

Verra Mobility Stock Up 0.1 %

Shares of Verra Mobility stock traded up $0.02 during trading hours on Wednesday, reaching $23.04. 429,734 shares of the company were exchanged, compared to its average volume of 1,205,301. The firm has a market cap of $3.68 billion, a PE ratio of 38.40, a PEG ratio of 2.18 and a beta of 1.30. The stock's fifty day moving average is $23.91 and its 200 day moving average is $24.68. Verra Mobility Co. has a 1 year low of $19.51 and a 1 year 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.

Remove Ads

Analyst Ratings Changes

Separately, Morgan Stanley reduced their price target on shares of Verra Mobility from $25.00 to $23.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 27th.

Verra Mobility Company 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.