William Blair Investment Management LLC Purchases 181,072 Shares of Verra Mobility Co. (NASDAQ:VRRM)

William Blair Investment Management LLC raised its position in Verra Mobility Co. (NASDAQ:VRRM - Free Report) by 6.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,854,284 shares of the company's stock after purchasing an additional 181,072 shares during the period. William Blair Investment Management LLC owned 1.73% of Verra Mobility worth $69,017,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in VRRM. Wellington Management Group LLP boosted its stake in Verra Mobility by 13.2% during the third quarter. Wellington Management Group LLP now owns 8,065,795 shares of the company's stock valued at $224,310,000 after buying an additional 941,127 shares during the period. State Street Corp raised its holdings in shares of Verra Mobility by 6.0% in the 3rd quarter. State Street Corp now owns 6,301,131 shares of the company's stock valued at $175,234,000 after acquiring an additional 357,078 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Verra Mobility by 23.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,643,241 shares of the company's stock valued at $45,699,000 after acquiring an additional 313,080 shares during the last quarter. Braun Stacey Associates Inc. grew its holdings in shares of Verra Mobility by 148.0% during 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, Edgestream Partners L.P. bought a new position in shares of Verra Mobility in the third quarter worth approximately $7,039,000.

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Verra Mobility Price Performance

Verra Mobility stock traded down $0.05 during mid-day trading on Thursday, hitting $20.78. 79,606 shares of the company traded hands, compared to its average volume of 1,060,028. 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 one year low of $19.51 and a one year high of $31.03. The stock has a market cap of $3.32 billion, a price-to-earnings ratio of 34.63, a price-to-earnings-growth ratio of 2.18 and a beta of 1.30. The stock has a fifty day moving average price of $24.60 and a 200-day moving average price of $25.04.

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.