XTX Topco Ltd Acquires Shares of 49,097 Verra Mobility Co. (NASDAQ:VRRM)

XTX Topco Ltd bought a new stake in Verra Mobility Co. (NASDAQ:VRRM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 49,097 shares of the company’s stock, valued at approximately $1,187,000.

A number of other large investors also recently made changes to their positions in VRRM. JPMorgan Chase & Co. lifted its position in shares of Verra Mobility by 0.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,463,246 shares of the company’s stock worth $179,743,000 after buying an additional 36,585 shares in the last quarter. Barclays PLC boosted its position in Verra Mobility by 400.2% in the third quarter. Barclays PLC now owns 294,457 shares of the company’s stock worth $8,189,000 after purchasing an additional 235,589 shares during the last quarter. Stifel Financial Corp grew its stake in Verra Mobility by 179.2% in the 3rd quarter. Stifel Financial Corp now owns 57,186 shares of the company’s stock valued at $1,590,000 after purchasing an additional 36,705 shares during the period. Orion Portfolio Solutions LLC purchased a new stake in shares of Verra Mobility during the 3rd quarter valued at $857,000. Finally, Union Bancaire Privee UBP SA bought a new stake in shares of Verra Mobility during the 4th quarter worth $2,348,000.

Verra Mobility Stock Up 1.9 %

Shares of NASDAQ VRRM opened at $22.21 on Tuesday. The business’s fifty day moving average price is $22.96 and its 200-day moving average price is $24.28. Verra Mobility Co. has a one year low of $19.51 and a one year high of $31.03. The stock has a market capitalization of $3.54 billion, a PE ratio of 37.02, a P/E/G ratio of 2.18 and a beta of 0.91. The company has a debt-to-equity ratio of 2.13, a current ratio of 2.61 and a quick ratio of 2.52.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley lowered their price objective on shares of Verra Mobility from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 27th.

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.