MCF Advisors LLC Has $42,000 Stock Position in Verra Mobility Co. (NASDAQ:VRRM)

MCF Advisors LLC lessened its stake in Verra Mobility Co. (NASDAQ:VRRM) by 21.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,697 shares of the company’s stock after selling 471 shares during the quarter. MCF Advisors LLC’s holdings in Verra Mobility were worth $42,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Dimensional Fund Advisors LP lifted its position in Verra Mobility by 6.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,953,696 shares of the company’s stock valued at $68,024,000 after acquiring an additional 189,492 shares in the last quarter. Fairview Capital Investment Management LLC lifted its holdings in shares of Verra Mobility by 6.6% in the fourth quarter. Fairview Capital Investment Management LLC now owns 2,298,973 shares of the company’s stock valued at $52,945,000 after purchasing an additional 142,175 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Verra Mobility by 1,439.4% during the third quarter. American Century Companies Inc. now owns 1,707,090 shares of the company’s stock worth $31,923,000 after buying an additional 1,596,194 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Verra Mobility by 67.0% during the fourth quarter. Principal Financial Group Inc. now owns 3,676,017 shares of the company’s stock worth $84,659,000 after buying an additional 1,474,740 shares in the last quarter. Finally, Meritage Portfolio Management raised its position in Verra Mobility by 5.6% in the 4th quarter. Meritage Portfolio Management now owns 30,399 shares of the company’s stock valued at $700,000 after buying an additional 1,605 shares during the last quarter.

Verra Mobility Trading Down 0.7 %

NASDAQ VRRM opened at $27.20 on Friday. The stock has a market capitalization of $4.53 billion, a price-to-earnings ratio of 54.40, a PEG ratio of 1.83 and a beta of 1.22. Verra Mobility Co. has a 52 week low of $17.04 and a 52 week high of $28.45. The stock’s 50 day moving average price is $26.28 and its two-hundred day moving average price is $24.16. The company has a debt-to-equity ratio of 2.31, a quick ratio of 2.64 and a current ratio of 2.75.

Verra Mobility (NASDAQ:VRRM) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. The business had revenue of $209.73 million for the quarter, compared to analyst estimates of $202.78 million. Verra Mobility had a net margin of 9.77% and a return on equity of 37.87%. As a group, analysts anticipate that Verra Mobility Co. will post 1.09 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director John H. Rexford sold 9,005 shares of the firm’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $26.37, for a total value of $237,461.85. Following the completion of the transaction, the director now owns 41,275 shares in the company, valued at approximately $1,088,421.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director John H. Rexford sold 9,005 shares of the stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $26.37, for a total transaction of $237,461.85. Following the completion of the transaction, the director now directly owns 41,275 shares of the company’s stock, valued at $1,088,421.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jonathan Baldwin sold 9,758 shares of the business’s stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $26.14, for a total value of $255,074.12. Following the transaction, the executive vice president now directly owns 7,673 shares in the company, valued at approximately $200,572.22. The disclosure for this sale can be found here. Insiders have sold 27,993 shares of company stock valued at $736,974 in the last three months. 0.96% of the stock is currently owned by corporate insiders.

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.