6 days Ago By Defense World Staff
Renaissance Technologies LLC acquired a new position in shares of Verra Mobility Co. (NASDAQ:VRRM – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 59,400 shares of the company’s stock, valued at approximately $1,436,000.
A number of other institutional investors also recently made changes to their positions in VRRM. PNC Financial Services Group Inc. increased its stake in shares of Verra Mobility by 6.
8% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,381 shares of the company’s stock worth $154,000 after buying 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 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 18,308 shares of the company’s stock valued at $443,000 after purchasing an additional 448 shares in the last quarter.
Tealwood Asset Management Inc. raised its stake in shares of Verra Mobility by 1.4% in the 4th quarter.
Tealwood Asset Management Inc. now owns 44,230 shares of the company’s stock valued at $1,069,000 after purchasing an additional 592 shares in the last quarter. Exchange Traded Concepts LLC lifted its position in shares of Verra Mobility by 2.
6% during the fourth quarter. Exchange Traded Concepts LLC now owns 28,645 shares of the company’s stock worth $693,000 after purchasing an additional 725 shares during the last quarter. Finally, Xponance Inc.
grew its stake in Verra Mobility by 9.5% in the fourth quarter. Xponance Inc.
now owns 11,865 shares of the company’s stock worth $287,000 after purchasing an additional 1,025 shares in the last quarter. Verra Mobility Trading Up 0.4 %Shares of NASDAQ VRRM opened at $21.
99 on Tuesday. The company has a market cap of $3.51 billion, a price-to-earnings ratio of 36.
65, a price-to-earnings-growth ratio of 2.18 and a beta of 0.91.
The stock’s 50 day simple moving average is $22.05 and its 200 day simple moving average is $23.89.
The company has a current ratio of 2.61, a quick ratio of 2.52 and a debt-to-equity ratio of 2.
13. Verra Mobility Co. has a 12-month low of $19.
51 and a 12-month high of $31.03. Wall Street Analyst Weigh InA number of research analysts have commented on the company.
Morgan Stanley reduced their target price on Verra Mobility from $25.00 to $23.00 and set an “equal weight” rating on the stock in a report on Thursday, March 27th.
Robert W. Baird upgraded Verra Mobility from a “neutral” rating to an “outperform” rating and set a $27.00 price objective on the stock in a research note on Tuesday, April 22nd.
Finally, Baird R W raised shares of Verra Mobility from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 22nd.Read Our Latest Stock Analysis on VRRMVerra 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.Featured ArticlesFive stocks we like better than Verra Mobility3 Ways To Invest In Coffee, Other Than Drinking ItBest Defense Stocks in 2025..
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(NASDAQ:VRRM – Free Report)..
