Amundi Purchases 59,428 Shares of Verra Mobility Co. (NASDAQ:VRRM)

Amundi grew its position in Verra Mobility Co. (NASDAQ:VRRM) by 199.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,166 shares of the company’s stock after acquiring an additional 59,428 shares during the period. Amundi’s holdings in Verra Mobility were worth $2,206,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. PNC Financial Services Group Inc. raised its position in Verra Mobility by 6.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,381 shares of the company’s stock valued at $154,000 after purchasing an additional 409 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its stake in shares of Verra Mobility by 13.5% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 310,567 shares of the company’s stock valued at $7,545,000 after buying an additional 37,034 shares in the last quarter. Edgestream Partners L.P. raised its holdings in shares of Verra Mobility by 35.3% in the fourth quarter. Edgestream Partners L.P. now owns 342,375 shares of the company’s stock valued at $8,279,000 after buying an additional 89,248 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Verra Mobility during the 4th quarter worth about $5,218,000. Finally, Aigen Investment Management LP bought a new stake in Verra Mobility during the 4th quarter worth about $303,000.

Verra Mobility Trading Up 0.8 %

Shares of NASDAQ VRRM opened at $20.83 on Tuesday. Verra Mobility Co. has a 1-year low of $19.51 and a 1-year high of $31.03. The company has a 50-day moving average of $24.76 and a two-hundred day moving average of $25.12. The company has a market cap of $3.32 billion, a PE ratio of 34.72, a P/E/G ratio of 2.18 and a beta of 1.30. 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 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.