Verra Mobility Co. (NASDAQ:VRRM) Shares Bought by William Blair Investment Management LLC

William Blair Investment Management LLC lifted its holdings in Verra Mobility Co. (NASDAQ:VRRM - Free Report) by 6.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,854,284 shares of the company's stock after buying an additional 181,072 shares during the quarter. William Blair Investment Management LLC owned approximately 1.73% of Verra Mobility worth $69,017,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wellington Management Group LLP lifted its holdings in Verra Mobility by 13.2% in the third quarter. Wellington Management Group LLP now owns 8,065,795 shares of the company's stock worth $224,310,000 after acquiring an additional 941,127 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Verra Mobility by 0.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,463,246 shares of the company's stock valued at $179,743,000 after purchasing an additional 36,585 shares during the period. State Street Corp grew its stake 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 last quarter. Handelsbanken Fonder AB increased its position in Verra Mobility by 5.0% in the fourth quarter. Handelsbanken Fonder AB now owns 4,215,800 shares of the company's stock worth $101,938,000 after buying an additional 200,000 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Verra Mobility by 0.5% in the third quarter. Geode Capital Management LLC now owns 3,904,750 shares of the company's stock valued at $108,612,000 after buying an additional 17,688 shares during the last quarter.

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Verra Mobility Stock Performance

Shares of Verra Mobility stock traded up $0.17 during trading on Friday, hitting $21.07. 3,119,468 shares of the stock were exchanged, compared to its average volume of 1,073,048. 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 12 month low of $19.51 and a 12 month high of $31.03. The stock's fifty day moving average is $24.52 and its 200 day moving average is $25.01. The stock has a market cap of $3.36 billion, a PE ratio of 35.12, a P/E/G ratio of 2.18 and a beta of 1.30.

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.