Vinci Partners Investments (NASDAQ:VINP) Issues Quarterly Earnings Results, Misses Expectations By $0.02 EPS

Vinci Partners Investments (NASDAQ:VINP) issued its quarterly earnings results on Monday. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.02), Zacks reports. Vinci Partners Investments had a net margin of 37.79% and a return on equity of 15.00%.

Vinci Partners Investments Stock Down 0.1%

VINP traded down $0.01 during trading on Monday, reaching $10.08. 67,156 shares of the stock traded hands, compared to its average volume of 69,761. The stock has a market cap of $542.09 million, a price-to-earnings ratio of 16.26 and a beta of 0.09. Vinci Partners Investments has a fifty-two week low of $8.66 and a fifty-two week high of $11.62. The company has a debt-to-equity ratio of 0.51, a current ratio of 12.68 and a quick ratio of 12.68. The stock’s 50-day simple moving average is $9.74 and its two-hundred day simple moving average is $10.03.

Vinci Partners Investments Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 5.95%. Vinci Partners Investments’s payout ratio is 150.00%.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lowered their price target on Vinci Partners Investments from $15.00 to $13.50 and set an “overweight” rating on the stock in a research report on Tuesday, April 29th.

Vinci Partners Investments Company Profile

Vinci Partners Investments Ltd. operates as an asset management firm in Brazil. The company focuses on private markets, liquid strategies, investment products and solutions, and retirement services. It offers private equity, infrastructure, real estate, credit, special situations, equities, hedge funds, and investment products and solutions comprising portfolio and management services.