Oppenheimer Asset Management Inc. Has $209,000 Stock Position in Verra Mobility Co. (NASDAQ:VRRM)

Oppenheimer Asset Management Inc. lowered its position in Verra Mobility Co. (NASDAQ:VRRM) by 27.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,628 shares of the company’s stock after selling 3,313 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Verra Mobility were worth $209,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. US Bancorp DE increased its holdings in shares of Verra Mobility by 10.3% in the third quarter. US Bancorp DE now owns 4,478 shares of the company’s stock worth $125,000 after acquiring an additional 418 shares in the last quarter. Tealwood Asset Management Inc. increased its stake in Verra Mobility by 1.4% during the 4th quarter. Tealwood Asset Management Inc. now owns 44,230 shares of the company’s stock worth $1,069,000 after purchasing an additional 592 shares in the last quarter. RiverPark Advisors LLC raised its holdings in Verra Mobility by 3.5% during the 3rd quarter. RiverPark Advisors LLC now owns 19,217 shares of the company’s stock worth $534,000 after buying an additional 642 shares during the period. Exchange Traded Concepts LLC lifted its stake in Verra Mobility by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 28,645 shares of the company’s stock valued at $693,000 after buying an additional 725 shares in the last quarter. Finally, 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 valued at $32,000 after buying an additional 745 shares during the period.

Verra Mobility Trading Down 0.6 %

Shares of NASDAQ:VRRM opened at $21.12 on Friday. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of 35.20, a PEG ratio of 2.18 and a beta of 1.30. Verra Mobility Co. has a 12 month low of $20.60 and a 12 month high of $31.03. The company’s fifty day simple moving average is $25.30 and its 200 day simple moving average is $25.51. The company has a quick ratio of 2.52, a current ratio of 2.61 and a debt-to-equity ratio of 2.13.

About Verra Mobility

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.