Royce & Associates LP Has $1.20 Million Holdings in Verra Mobility Co. (NASDAQ:VRRM)

Royce & Associates LP grew its holdings in shares of Verra Mobility Co. (NASDAQ:VRRM) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,620 shares of the company’s stock after acquiring an additional 1,542 shares during the quarter. Royce & Associates LP’s holdings in Verra Mobility were worth $1,200,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Wellington Management Group LLP increased its position in Verra Mobility by 13.2% during the 3rd quarter. Wellington Management Group LLP now owns 8,065,795 shares of the company’s stock worth $224,310,000 after purchasing an additional 941,127 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Verra Mobility by 0.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,463,246 shares of the company’s stock valued at $179,743,000 after acquiring an additional 36,585 shares during the last quarter. State Street Corp boosted its holdings in shares of Verra Mobility by 6.0% during 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. Handelsbanken Fonder AB grew its position in Verra Mobility by 5.0% during the 4th quarter. Handelsbanken Fonder AB now owns 4,215,800 shares of the company’s stock worth $101,938,000 after acquiring an additional 200,000 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in Verra Mobility by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 3,904,750 shares of the company’s stock worth $108,612,000 after purchasing an additional 17,688 shares in the last quarter.

Verra Mobility Stock Performance

Shares of VRRM stock opened at $20.90 on Friday. The firm has a market capitalization of $3.34 billion, a price-to-earnings ratio of 34.83, a PEG 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. The business’s 50-day moving average price is $24.52 and its 200-day moving average price is $25.01. Verra Mobility Co. has a 12 month low of $19.51 and a 12 month high of $31.03.

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.