Cibc World Markets Corp Acquires New Shares in Verra Mobility Co. (NASDAQ:VRRM)

Cibc World Markets Corp bought a new position in shares of Verra Mobility Co. (NASDAQ:VRRM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 15,423 shares of the company’s stock, valued at approximately $373,000.

Other institutional investors also recently modified their holdings of the company. Natixis Advisors LLC raised its position in shares of Verra Mobility by 61.9% in the 3rd quarter. Natixis Advisors LLC now owns 19,059 shares of the company’s stock valued at $530,000 after acquiring an additional 7,285 shares during the period. Mutual of America Capital Management LLC raised its holdings in Verra Mobility by 125.7% in the third quarter. Mutual of America Capital Management LLC now owns 61,775 shares of the company’s stock worth $1,718,000 after purchasing an additional 34,404 shares during the period. First Horizon Advisors Inc. raised its holdings in Verra Mobility by 192.0% in the third quarter. First Horizon Advisors Inc. now owns 1,133 shares of the company’s stock worth $32,000 after purchasing an additional 745 shares during the period. Intech Investment Management LLC bought a new position in shares of Verra Mobility during the third quarter worth $924,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Verra Mobility by 2.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,719,661 shares of the company’s stock valued at $47,824,000 after buying an additional 37,131 shares during the period.

Verra Mobility Stock Performance

Shares of Verra Mobility stock opened at $21.07 on Monday. The stock’s fifty day simple moving average is $24.45 and its 200 day simple moving average is $24.94. 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 company has a market capitalization of $3.36 billion, a PE ratio of 35.12, a PEG ratio of 2.18 and a beta of 1.30. Verra Mobility Co. has a 12 month low of $19.51 and a 12 month high of $31.03.

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.