American Century Companies Inc. Has $50.44 Million Position in Verra Mobility Co. (NASDAQ:VRRM)

American Century Companies Inc. grew its stake in Verra Mobility Co. (NASDAQ:VRRM) by 2,915.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,086,049 shares of the company’s stock after acquiring an additional 2,016,866 shares during the period. American Century Companies Inc. owned 1.27% of Verra Mobility worth $50,441,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in Verra Mobility by 0.6% during the third quarter. JPMorgan Chase & Co. now owns 6,463,246 shares of the company’s stock valued at $179,743,000 after purchasing an additional 36,585 shares during the last quarter. Barclays PLC boosted its holdings in shares of Verra Mobility by 400.2% in the 3rd quarter. Barclays PLC now owns 294,457 shares of the company’s stock valued at $8,189,000 after buying an additional 235,589 shares during the last quarter. State Street Corp grew its stake in shares of Verra Mobility by 6.0% in the third quarter. State Street Corp now owns 6,301,131 shares of the company’s stock valued at $175,234,000 after buying an additional 357,078 shares in the last quarter. Citigroup Inc. increased its holdings in Verra Mobility by 73.0% during the third quarter. Citigroup Inc. now owns 222,910 shares of the company’s stock worth $6,199,000 after buying an additional 94,073 shares during the last quarter. Finally, Stifel Financial Corp raised its position in Verra Mobility by 179.2% during the third quarter. Stifel Financial Corp now owns 57,186 shares of the company’s stock worth $1,590,000 after acquiring an additional 36,705 shares in the last quarter.

Verra Mobility Stock Performance

Shares of VRRM stock opened at $21.04 on Thursday. The stock has a market cap of $3.36 billion, a P/E ratio of 35.07, a P/E/G ratio of 2.18 and a beta of 1.30. The company has a fifty day moving average price of $24.22 and a two-hundred day moving average price of $24.84. Verra Mobility Co. has a one year low of $19.51 and a one year 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.

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.