Smartleaf Asset Management LLC Boosts Holdings in Verra Mobility Co. (NASDAQ:VRRM)

Smartleaf Asset Management LLC boosted its position in Verra Mobility Co. (NASDAQ:VRRM) by 245.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,309 shares of the company’s stock after buying an additional 1,640 shares during the period. Smartleaf Asset Management LLC’s holdings in Verra Mobility were worth $56,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VRRM. Wellington Management Group LLP grew its position in Verra Mobility by 13.2% in the 3rd quarter. Wellington Management Group LLP now owns 8,065,795 shares of the company’s stock valued at $224,310,000 after buying an additional 941,127 shares during the last quarter. State Street Corp boosted its position 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 worth $175,234,000 after purchasing an additional 357,078 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Verra Mobility by 23.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,643,241 shares of the company’s stock worth $45,699,000 after purchasing an additional 313,080 shares in the last quarter. Braun Stacey Associates Inc. boosted its position in shares of Verra Mobility by 148.0% during the 3rd quarter. Braun Stacey Associates Inc. now owns 439,904 shares of the company’s stock worth $12,234,000 after purchasing an additional 262,509 shares in the last quarter. Finally, Edgestream Partners L.P. purchased a new stake in shares of Verra Mobility during the 3rd quarter worth $7,039,000.

Verra Mobility Price Performance

Shares of NASDAQ VRRM opened at $20.22 on Tuesday. The firm has a market capitalization of $3.33 billion, a P/E ratio of 33.70, a PEG ratio of 2.18 and a beta of 1.30. Verra Mobility Co. has a one year low of $20.16 and a one year high of $31.03. The company’s fifty day moving average is $25.24 and its two-hundred day moving average is $25.43. The company has a debt-to-equity ratio of 2.13, a quick ratio of 2.52 and a current ratio of 2.61.

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.