William Blair Investment Management LLC Has $69.02 Million Position in Verra Mobility Co. (NASDAQ:VRRM)

William Blair Investment Management LLC grew its holdings in Verra Mobility Co. (NASDAQ:VRRM) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,854,284 shares of the company’s stock after purchasing an additional 181,072 shares during the quarter. William Blair Investment Management LLC owned about 1.73% of Verra Mobility worth $69,017,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. First Horizon Advisors Inc. raised its position in shares of Verra Mobility by 192.0% during 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 last quarter. Smartleaf Asset Management LLC raised its position in shares of Verra Mobility by 245.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,309 shares of the company’s stock worth $56,000 after acquiring an additional 1,640 shares during the last quarter. Avanza Fonder AB bought a new stake in shares of Verra Mobility during the fourth quarter worth $74,000. Arcadia Investment Management Corp MI bought a new stake in shares of Verra Mobility during the fourth quarter worth $129,000. Finally, PNC Financial Services Group Inc. raised its position in shares of Verra Mobility by 6.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,381 shares of the company’s stock worth $154,000 after acquiring an additional 409 shares during the last quarter.

Verra Mobility Trading Up 0.8 %

VRRM stock opened at $20.83 on Tuesday. The company has a market cap of $3.32 billion, a P/E ratio of 34.72, a PEG ratio of 2.18 and a beta of 1.30. 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 business has a fifty day moving average of $24.76 and a 200-day moving average of $25.12.

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.