Victory Capital Management Inc. Sells 9,519 Shares of Verra Mobility Co. (NASDAQ:VRRM)

Victory Capital Management Inc. cut its holdings in Verra Mobility Co. (NASDAQ:VRRM) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 239,710 shares of the company’s stock after selling 9,519 shares during the period. Victory Capital Management Inc. owned about 0.15% of Verra Mobility worth $5,796,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. US Bancorp DE increased its holdings in shares of Verra Mobility by 10.3% in the 3rd quarter. US Bancorp DE now owns 4,478 shares of the company’s stock worth $125,000 after buying an additional 418 shares during the last quarter. Tealwood Asset Management Inc. increased its holdings in shares of Verra Mobility by 1.4% in the 4th quarter. Tealwood Asset Management Inc. now owns 44,230 shares of the company’s stock worth $1,069,000 after buying an additional 592 shares during the last quarter. RiverPark Advisors LLC increased its holdings in shares of Verra Mobility by 3.5% in 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 last quarter. Exchange Traded Concepts LLC increased its holdings in shares of Verra Mobility by 2.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 28,645 shares of the company’s stock worth $693,000 after buying an additional 725 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its holdings in shares of Verra Mobility by 192.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,133 shares of the company’s stock worth $32,000 after buying an additional 745 shares during the last quarter.

Verra Mobility Stock Performance

Verra Mobility stock opened at $20.66 on Friday. The company’s 50-day moving average price is $24.91 and its 200-day moving average price is $25.25. Verra Mobility Co. has a twelve month low of $19.51 and a twelve month high of $31.03. The company has a quick ratio of 2.52, a current ratio of 2.61 and a debt-to-equity ratio of 2.13. The company has a market cap of $3.30 billion, a PE ratio of 34.43, a price-to-earnings-growth ratio of 2.18 and a beta of 1.30.

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.