Mesirow Financial Investment Management Inc. trimmed its stake in Verra Mobility Co. (NASDAQ:VRRM - Free Report) by 49.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,605 shares of the company's stock after selling 12,303 shares during the quarter. Mesirow Financial Investment Management Inc.'s holdings in Verra Mobility were worth $305,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently bought and sold shares of VRRM. First Horizon Advisors Inc. increased its position in Verra Mobility by 192.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,133 shares of the company's stock worth $32,000 after purchasing an additional 745 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of Verra Mobility by 245.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,309 shares of the company's stock worth $56,000 after acquiring an additional 1,640 shares in the last quarter. Avanza Fonder AB purchased a new position in shares of Verra Mobility in the 4th quarter valued at $74,000. US Bancorp DE lifted its holdings in shares of Verra Mobility by 10.3% during the 3rd quarter. US Bancorp DE now owns 4,478 shares of the company's stock valued at $125,000 after acquiring an additional 418 shares in the last quarter. Finally, Arcadia Investment Management Corp MI purchased a new stake in Verra Mobility during the 4th quarter worth $129,000.
Verra Mobility Stock Up 2.2 %
NASDAQ VRRM traded up $0.44 during trading hours on Thursday, hitting $20.20. The company had a trading volume of 1,388,055 shares, compared to its average volume of 1,065,878. The firm's 50 day moving average is $24.99 and its 200 day moving average is $25.29. The company has a market capitalization of $3.33 billion, a price-to-earnings ratio of 33.67, 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 current ratio of 2.61 and a quick ratio of 2.52.
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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