Braun Stacey Associates Inc. Sells 8,190 Shares of Verra Mobility Co. (NASDAQ:VRRM)

Braun Stacey Associates Inc. lessened its holdings in shares of Verra Mobility Co. (NASDAQ:VRRM) by 1.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 431,714 shares of the company’s stock after selling 8,190 shares during the period. Braun Stacey Associates Inc. owned about 0.26% of Verra Mobility worth $10,439,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Creative Planning increased its holdings in shares of Verra Mobility by 35.2% during the third quarter. Creative Planning now owns 23,410 shares of the company’s stock worth $651,000 after buying an additional 6,093 shares in the last quarter. Blue Trust Inc. grew its stake in Verra Mobility by 27.5% in the 3rd quarter. Blue Trust Inc. now owns 3,219 shares of the company’s stock valued at $88,000 after purchasing an additional 694 shares during the period. Signaturefd LLC raised its holdings in shares of Verra Mobility by 112.4% in the 3rd quarter. Signaturefd LLC now owns 1,060 shares of the company’s stock worth $29,000 after purchasing an additional 561 shares during the period. New York State Teachers Retirement System increased its stake in shares of Verra Mobility by 5.1% in the third quarter. New York State Teachers Retirement System now owns 63,123 shares of the company’s stock worth $1,755,000 after purchasing an additional 3,044 shares in the last quarter. Finally, US Bancorp DE raised its stake in shares of Verra Mobility by 10.3% during the 3rd quarter. US Bancorp DE now owns 4,478 shares of the company’s stock valued at $125,000 after purchasing an additional 418 shares during the period.

Analysts Set New Price Targets

VRRM has been the topic of several recent analyst reports. Robert W. Baird lowered their target price on shares of Verra Mobility from $29.00 to $28.00 and set a “neutral” rating on the stock in a research note on Friday, November 1st. Morgan Stanley reduced their price target on Verra Mobility from $26.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 30th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Verra Mobility from $31.00 to $29.00 and set a “buy” rating for the company in a research note on Friday, November 1st.

Verra Mobility Trading Down 0.9 %

Shares of VRRM stock opened at $26.33 on Tuesday. Verra Mobility Co. has a 1 year low of $20.26 and a 1 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. The stock’s 50 day simple moving average is $25.08 and its two-hundred day simple moving average is $25.75. The company has a market cap of $4.34 billion, a PE ratio of 43.88, a price-to-earnings-growth ratio of 2.16 and a beta of 1.24.

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.