Mutual of America Capital Management LLC reduced its position in Verra Mobility Co. (NASDAQ:VRRM - Free Report) by 59.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,965 shares of the company's stock after selling 36,810 shares during the period. Mutual of America Capital Management LLC's holdings in Verra Mobility were worth $604,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. First Horizon Advisors Inc. raised its position in Verra Mobility by 192.0% in the third quarter. First Horizon Advisors Inc. now owns 1,133 shares of the company's stock valued at $32,000 after purchasing an additional 745 shares during the period. Avanza Fonder AB purchased a new stake in shares of Verra Mobility during the 4th quarter valued at about $74,000. US Bancorp DE lifted its position in Verra Mobility by 10.3% during the 3rd quarter. US Bancorp DE now owns 4,478 shares of the company's stock worth $125,000 after acquiring an additional 418 shares in the last quarter. Arcadia Investment Management Corp MI purchased a new position in Verra Mobility in the 4th quarter worth approximately $129,000. Finally, KBC Group NV grew its position in Verra Mobility by 61.9% in the fourth 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 in the last quarter.
Verra Mobility Stock Up 2.4 %
Shares of NASDAQ VRRM traded up $0.48 during trading on Thursday, reaching $20.24. 895,882 shares of the stock were exchanged, compared to its average volume of 1,065,875. The company has a market capitalization of $3.33 billion, a price-to-earnings ratio of 33.73, a price-to-earnings-growth ratio of 2.18 and a beta of 1.30. The business's 50-day moving average price is $24.99 and its 200 day moving average price is $25.29. The company has a quick ratio of 2.52, a current ratio of 2.61 and a debt-to-equity ratio of 2.13. Verra Mobility Co. has a twelve month low of $19.51 and a twelve month high of $31.03.
About Verra Mobility
(
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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