Moran Wealth Management LLC Purchases 2,513 Shares of Verra Mobility Co. (NASDAQ:VRRM)

Moran Wealth Management LLC lifted its position in shares of Verra Mobility Co. (NASDAQ:VRRM) by 12.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,515 shares of the company’s stock after acquiring an additional 2,513 shares during the period. Moran Wealth Management LLC’s holdings in Verra Mobility were worth $569,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in VRRM. First Horizon Advisors Inc. raised its position in Verra Mobility by 192.0% during the third quarter. First Horizon Advisors Inc. now owns 1,133 shares of the company’s stock valued at $32,000 after purchasing an additional 745 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Verra Mobility by 245.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,309 shares of the company’s stock valued at $56,000 after purchasing an additional 1,640 shares during the last quarter. Avanza Fonder AB acquired a new position in shares of Verra Mobility during the 4th quarter worth $74,000. US Bancorp DE lifted its position in shares of Verra Mobility by 10.3% during 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. Finally, Arcadia Investment Management Corp MI acquired a new stake in Verra Mobility in the fourth quarter valued at about $129,000.

Verra Mobility Stock Down 0.8 %

Shares of NASDAQ VRRM opened at $19.76 on Thursday. The company has a market cap of $3.26 billion, a price-to-earnings ratio of 32.93, a PEG ratio of 2.18 and a beta of 1.30. The company has a current ratio of 2.61, a quick ratio of 2.52 and a debt-to-equity ratio of 2.13. Verra Mobility Co. has a 12 month low of $19.51 and a 12 month high of $31.03. The stock has a 50-day moving average price of $24.99 and a two-hundred day moving average price of $25.29.

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.