Edgestream Partners L.P. boosted its holdings in shares of Verra Mobility Co. (NASDAQ:VRRM - Free Report) by 35.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 342,375 shares of the company's stock after buying an additional 89,248 shares during the period. Edgestream Partners L.P. owned approximately 0.21% of Verra Mobility worth $8,279,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in Verra Mobility by 0.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,463,246 shares of the company's stock valued at $179,743,000 after buying an additional 36,585 shares during the last quarter. Barclays PLC lifted its holdings in Verra Mobility by 400.2% during the third quarter. Barclays PLC now owns 294,457 shares of the company's stock valued at $8,189,000 after purchasing an additional 235,589 shares during the last quarter. State Street Corp boosted its position in Verra Mobility by 6.0% during 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 during the period. Braun Stacey Associates Inc. increased its stake in shares of Verra Mobility by 148.0% in the third quarter. Braun Stacey Associates Inc. now owns 439,904 shares of the company's stock worth $12,234,000 after purchasing an additional 262,509 shares in the last quarter. Finally, Citigroup Inc. lifted its stake in shares of Verra Mobility by 73.0% during the 3rd quarter. Citigroup Inc. now owns 222,910 shares of the company's stock valued at $6,199,000 after buying an additional 94,073 shares in the last quarter.
Verra Mobility Stock Performance
Verra Mobility stock traded down $0.31 during mid-day trading on Tuesday, reaching $19.91. The company's stock had a trading volume of 2,298,115 shares, compared to its average volume of 1,060,940. The company has a market capitalization of $3.28 billion, a P/E ratio of 33.18, a PEG ratio of 2.18 and a beta of 1.30. The firm's fifty day moving average price is $25.24 and its two-hundred day moving average price is $25.43. Verra Mobility Co. has a 12-month low of $19.78 and a 12-month 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.
Verra Mobility Company Profile
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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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