Knights of Columbus Asset Advisors LLC Buys 21,600 Shares of Verra Mobility Co. (NASDAQ:VRRM)

Knights of Columbus Asset Advisors LLC increased its stake in Verra Mobility Co. (NASDAQ:VRRM) by 85.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 46,795 shares of the company’s stock after purchasing an additional 21,600 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Verra Mobility were worth $1,132,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of VRRM. First Horizon Advisors Inc. raised its holdings in shares of Verra Mobility by 192.0% in the 3rd 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. Smartleaf Asset Management LLC raised its holdings 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 worth $56,000 after purchasing an additional 1,640 shares during the period. Avanza Fonder AB bought a new stake in shares of Verra Mobility in the 4th quarter worth approximately $74,000. Arcadia Investment Management Corp MI bought a new stake in shares of Verra Mobility in the 4th quarter worth approximately $129,000. Finally, PNC Financial Services Group Inc. grew its stake in Verra Mobility by 6.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,381 shares of the company’s stock valued at $154,000 after buying an additional 409 shares in the last quarter.

Verra Mobility Stock Up 0.8 %

Verra Mobility stock opened at $21.07 on Friday. Verra Mobility Co. has a 1-year low of $19.51 and a 1-year high of $31.03. The firm has a market capitalization of $3.36 billion, a price-to-earnings ratio of 35.12, a P/E/G 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. The firm has a 50 day simple moving average of $24.45 and a 200 day simple moving average of $24.95.

Verra Mobility Company 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.