Verra Mobility Co. (NASDAQ:VRRM) Shares Sold by Choreo LLC

Choreo LLC cut its holdings in Verra Mobility Co. (NASDAQ:VRRM) by 12.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 39,022 shares of the company’s stock after selling 5,595 shares during the period. Choreo LLC’s holdings in Verra Mobility were worth $940,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. AQR Capital Management LLC raised its position in shares of Verra Mobility by 10.7% during the 2nd quarter. AQR Capital Management LLC now owns 27,341 shares of the company’s stock worth $744,000 after acquiring an additional 2,645 shares in the last quarter. Creative Planning increased its stake in Verra Mobility by 109.1% in the second quarter. Creative Planning now owns 17,317 shares of the company’s stock valued at $471,000 after purchasing an additional 9,037 shares during the last quarter. GAMMA Investing LLC raised its holdings in Verra Mobility by 38.7% during the third quarter. GAMMA Investing LLC now owns 5,781 shares of the company’s stock worth $161,000 after purchasing an additional 1,612 shares in the last quarter. Redhawk Wealth Advisors Inc. lifted its position in shares of Verra Mobility by 3.3% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 67,112 shares of the company’s stock worth $1,866,000 after buying an additional 2,164 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of Verra Mobility by 27.5% in the 3rd quarter. Blue Trust Inc. now owns 3,219 shares of the company’s stock valued at $88,000 after buying an additional 694 shares in the last quarter.

Verra Mobility Stock Down 0.4 %

VRRM stock opened at $25.78 on Monday. Verra Mobility Co. has a 12 month low of $20.26 and a 12 month high of $31.03. The company has a debt-to-equity ratio of 2.13, a current ratio of 2.61 and a quick ratio of 2.52. The company has a market cap of $4.25 billion, a price-to-earnings ratio of 42.97, a price-to-earnings-growth ratio of 2.16 and a beta of 1.24. The company has a fifty day moving average price of $24.78 and a 200 day moving average price of $25.92.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft cut their price target on shares of Verra Mobility from $31.00 to $29.00 and set a “buy” rating on the stock in a research note on Friday, November 1st. Robert W. Baird reduced their target price on Verra Mobility from $29.00 to $28.00 and set a “neutral” rating for the company in a report on Friday, November 1st. Finally, Morgan Stanley decreased their target price on Verra Mobility from $26.00 to $25.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 30th.

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.