Mutual of America Capital Management LLC Trims Stock Holdings in Verra Mobility Co. (NASDAQ:VRRM)

Mutual of America Capital Management LLC reduced its holdings in shares of Verra Mobility Co. (NASDAQ:VRRM) by 59.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,965 shares of the company’s stock after selling 36,810 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Verra Mobility were worth $604,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of VRRM. First Horizon Advisors Inc. boosted its holdings in shares of Verra Mobility by 192.0% in the third quarter. First Horizon Advisors Inc. now owns 1,133 shares of the company’s stock worth $32,000 after acquiring an additional 745 shares during the period. Avanza Fonder AB bought a new position in Verra Mobility in the 4th quarter worth about $74,000. US Bancorp DE grew its holdings in Verra Mobility by 10.3% during the 3rd quarter. US Bancorp DE now owns 4,478 shares of the company’s stock valued at $125,000 after buying an additional 418 shares in the last quarter. Arcadia Investment Management Corp MI purchased a new stake in shares of Verra Mobility in the fourth quarter worth about $129,000. Finally, KBC Group NV boosted its position in shares of Verra Mobility by 61.9% in the fourth quarter. KBC Group NV now owns 7,090 shares of the company’s stock valued at $171,000 after acquiring an additional 2,710 shares during the period.

Verra Mobility Stock Performance

Verra Mobility stock opened at $21.12 on Monday. Verra Mobility Co. has a 1-year low of $20.60 and a 1-year high of $31.03. 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 firm has a market capitalization of $3.48 billion, a PE ratio of 35.20, a price-to-earnings-growth ratio of 2.18 and a beta of 1.30. The firm’s 50 day simple moving average is $25.24 and its 200 day simple moving average is $25.43.

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.