Fox Run Management L.L.C. bought a new stake in shares of Verra Mobility Co. (NASDAQ:VRRM – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 12,282 shares of the company’s stock, valued at approximately $297,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. American Century Companies Inc. raised its position in shares of Verra Mobility by 2,915.3% during the 4th quarter. American Century Companies Inc. now owns 2,086,049 shares of the company’s stock valued at $50,441,000 after buying an additional 2,016,866 shares in the last quarter. Wellington Management Group LLP raised its position 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 purchasing an additional 941,127 shares in the last quarter. State Street Corp lifted its stake 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 last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Verra Mobility by 23.5% in 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 worth $45,699,000 after purchasing an additional 313,080 shares in the last quarter. Finally, Edgestream Partners L.P. bought a new position in shares of Verra Mobility during the 3rd quarter valued at about $7,039,000.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley dropped their target price on Verra Mobility from $25.00 to $23.00 and set an “equal weight” rating for the company in a research report on Thursday.
Verra Mobility Price Performance
Shares of NASDAQ:VRRM opened at $20.80 on Friday. The company has a quick ratio of 2.52, a current ratio of 2.61 and a debt-to-equity ratio of 2.13. The stock has a market cap of $3.32 billion, a PE ratio of 34.67, a PEG ratio of 2.18 and a beta of 1.30. The company’s fifty day moving average is $24.13 and its 200 day moving average is $24.81. Verra Mobility Co. has a 52 week low of $19.51 and a 52 week high of $31.03.
About Verra Mobility
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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