Amundi Purchases 59,428 Shares of Verra Mobility Co. (NASDAQ:VRRM)

Amundi increased its position in shares of Verra Mobility Co. (NASDAQ:VRRM) by 199.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 89,166 shares of the company’s stock after purchasing an additional 59,428 shares during the period. Amundi owned about 0.05% of Verra Mobility worth $2,206,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of VRRM. JPMorgan Chase & Co. increased its holdings in Verra Mobility by 0.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,463,246 shares of the company’s stock valued at $179,743,000 after buying an additional 36,585 shares during the period. Barclays PLC increased its stake in Verra Mobility by 400.2% in the third quarter. Barclays PLC now owns 294,457 shares of the company’s stock valued at $8,189,000 after acquiring an additional 235,589 shares during the period. State Street Corp raised its position in Verra Mobility by 6.0% in the third 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. Braun Stacey Associates Inc. lifted its stake in Verra Mobility by 148.0% during the third 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 during the period. Finally, Citigroup Inc. boosted its holdings in Verra Mobility by 73.0% during the third quarter. Citigroup Inc. now owns 222,910 shares of the company’s stock valued at $6,199,000 after purchasing an additional 94,073 shares in the last quarter.

Verra Mobility Trading Up 0.8 %

Shares of VRRM opened at $20.83 on Tuesday. 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 stock has a market cap of $3.32 billion, a PE ratio of 34.72, a PEG ratio of 2.18 and a beta of 1.30. Verra Mobility Co. has a 1 year low of $19.51 and a 1 year high of $31.03. The stock has a 50 day simple moving average of $24.76 and a 200-day simple moving average of $25.12.

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.