Bank Julius Baer & Co. Ltd Zurich Purchases 37,034 Shares of Verra Mobility Co. (NASDAQ:VRRM)

Bank Julius Baer & Co. Ltd Zurich lifted its stake in Verra Mobility Co. (NASDAQ:VRRM) by 13.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 310,567 shares of the company’s stock after buying an additional 37,034 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned approximately 0.19% of Verra Mobility worth $7,545,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Wellington Management Group LLP boosted its stake in shares of Verra Mobility by 13.2% in the third quarter. Wellington Management Group LLP now owns 8,065,795 shares of the company’s stock valued at $224,310,000 after buying an additional 941,127 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Verra Mobility by 0.6% in the third 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. State Street Corp lifted its stake in Verra Mobility by 6.0% during 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 during the last quarter. Handelsbanken Fonder AB lifted its stake in Verra Mobility by 5.0% during the fourth quarter. Handelsbanken Fonder AB now owns 4,215,800 shares of the company’s stock worth $101,938,000 after purchasing an additional 200,000 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Verra Mobility by 0.5% during the third quarter. Geode Capital Management LLC now owns 3,904,750 shares of the company’s stock worth $108,612,000 after purchasing an additional 17,688 shares during the last quarter.

Verra Mobility Stock Down 0.6 %

NASDAQ VRRM opened at $21.12 on Monday. The business has a fifty day moving average price of $25.24 and a two-hundred day moving average price of $25.43. The company has a debt-to-equity ratio of 2.13, a current ratio of 2.61 and a quick ratio of 2.52. Verra Mobility Co. has a fifty-two week low of $20.60 and a fifty-two week high of $31.03. The stock has a market capitalization of $3.48 billion, a PE ratio of 35.20, a PEG ratio of 2.18 and a beta of 1.30.

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.