2 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. trimmed its position in shares of Verra Mobility Co. ( NASDAQ:VRRM – Free Report ) by 1.
2% in the 4th quarter, Holdings Channel.com reports. The firm owned 274,755 shares of the company’s stock after selling 3,470 shares during the period.
Envestnet Asset Management Inc.’s holdings in Verra Mobility were worth $6,644,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors have also recently modified their holdings of the company.
PNC Financial Services Group Inc. increased its stake in Verra Mobility by 6.8% during the fourth quarter.
PNC Financial Services Group Inc. now owns 6,381 shares of the company’s stock worth $154,000 after acquiring an additional 409 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Verra Mobility by 2.
5% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 18,308 shares of the company’s stock valued at $443,000 after acquiring an additional 448 shares in the last quarter. Tealwood Asset Management Inc.
grew its position in shares of Verra Mobility by 1.4% during the fourth quarter. Tealwood Asset Management Inc.
now owns 44,230 shares of the company’s stock worth $1,069,000 after buying an additional 592 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of Verra Mobility by 2.6% in the 4th quarter.
Exchange Traded Concepts LLC now owns 28,645 shares of the company’s stock valued at $693,000 after purchasing an additional 725 shares in the last quarter. Finally, Xponance Inc. lifted its holdings in Verra Mobility by 9.
5% during the 4th quarter. Xponance Inc. now owns 11,865 shares of the company’s stock worth $287,000 after buying an additional 1,025 shares during the last quarter.
Analyst Ratings Changes Separately, Morgan Stanley cut their price target on shares of Verra Mobility from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 27th.
Verra Mobility Stock Performance NASDAQ VRRM opened at $21.31 on Monday. The firm has a market cap of $3.
40 billion, a P/E ratio of 35.52, a P/E/G ratio of 2.18 and a beta of 0.
91. 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 business’s 50-day moving average price is $22.
59 and its 200 day moving average price is $24.11. Verra Mobility Co.
has a 52-week low of $19.51 and a 52-week high of $31.03.
Verra Mobility Profile ( 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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