Counterpoint Mutual Funds LLC Makes New Investment in Verra Mobility Corp $VRRM

Counterpoint Mutual Funds LLC acquired a new position in Verra Mobility Corp (NASDAQ:VRRM) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 332,393 shares of the company’s stock, valued at approximately $4,750,000. Verra Mobility comprises 0.7% of Counterpoint Mutual Funds LLC’s portfolio, making the stock its 25th biggest position. Counterpoint Mutual Funds LLC owned 0.22% of Verra Mobility at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Comerica Bank increased its holdings in shares of Verra Mobility by 134.3% in the fourth quarter. Comerica Bank now owns 139,349 shares of the company’s stock worth $3,123,000 after buying an additional 79,887 shares during the period. SG Americas Securities LLC lifted its stake in shares of Verra Mobility by 144.4% in the 4th quarter. SG Americas Securities LLC now owns 269,649 shares of the company’s stock valued at $6,043,000 after acquiring an additional 159,331 shares during the last quarter. Sunriver Management LLC boosted its holdings in Verra Mobility by 10.7% during the 3rd quarter. Sunriver Management LLC now owns 2,284,774 shares of the company’s stock valued at $56,434,000 after acquiring an additional 219,976 shares during the period. River Road Asset Management LLC boosted its holdings in Verra Mobility by 441.6% during the 4th quarter. River Road Asset Management LLC now owns 2,984,760 shares of the company’s stock valued at $66,888,000 after acquiring an additional 2,433,610 shares during the period. Finally, Oak Family Advisors LLC grew its position in Verra Mobility by 17.7% during the 4th quarter. Oak Family Advisors LLC now owns 263,122 shares of the company’s stock worth $5,897,000 after acquiring an additional 39,624 shares during the last quarter.

Verra Mobility Stock Performance

Verra Mobility stock opened at $4.30 on Friday. The company has a current ratio of 1.89, a quick ratio of 1.77 and a debt-to-equity ratio of 3.76. The firm has a market cap of $653.21 million, a P/E ratio of 5.24 and a beta of 0.43. Verra Mobility Corp has a 1-year low of $3.40 and a 1-year high of $25.73. The firm has a 50-day moving average of $8.65 and a 200-day moving average of $14.97.

Verra Mobility (NASDAQ:VRRM) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.25 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.25. The company had revenue of $223.57 million for the quarter, compared to the consensus estimate of $223.34 million. Verra Mobility had a return on equity of 55.59% and a net margin of 13.38%.Verra Mobility’s revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.30 EPS. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. Sell-side analysts expect that Verra Mobility Corp will post 1.08 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on VRRM shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $9.00 price target (down from $22.00) on shares of Verra Mobility in a research note on Wednesday, May 27th. Weiss Ratings lowered Verra Mobility from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, June 17th. UBS Group cut shares of Verra Mobility from a “buy” rating to a “neutral” rating and cut their target price for the stock from $23.00 to $4.00 in a report on Thursday, May 28th. William Blair downgraded shares of Verra Mobility from an “outperform” rating to a “market perform” rating in a research note on Wednesday, May 27th. Finally, CJS Securities lowered shares of Verra Mobility from a “market outperform” rating to a “market perform” rating and set a $10.00 price target for the company. in a report on Wednesday, May 27th. Seven analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $6.83.

Verra Mobility Company Profile

Verra Mobility, traded on the Nasdaq under the ticker VRRM, is a leading provider of smart mobility solutions designed to improve safety, efficiency and compliance for transportation authorities and commercial fleets. The company develops and operates automated traffic enforcement systems, toll and violation management platforms, and connected-vehicle services. Through its technology offerings, Verra Mobility helps public agencies enhance road safety, reduce congestion and streamline revenue collection for tolling and parking.

Verra Mobility’s core products include red-light and speed-camera enforcement programs, license plate recognition systems, and cloud-based violation processing software.