UBS Group AG trimmed its stake in shares of Vinci Compass Investments Ltd. (NASDAQ:VINP – Free Report) by 23.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 631,212 shares of the company’s stock after selling 189,231 shares during the quarter. UBS Group AG’s holdings in Vinci Compass Investments were worth $8,231,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. bought a new stake in shares of Vinci Compass Investments during the 2nd quarter valued at $123,000. Citadel Advisors LLC bought a new position in Vinci Compass Investments in the 3rd quarter worth about $159,000. Van ECK Associates Corp increased its stake in Vinci Compass Investments by 16.6% in the 3rd quarter. Van ECK Associates Corp now owns 15,055 shares of the company’s stock worth $162,000 after acquiring an additional 2,138 shares during the last quarter. Millennium Management LLC bought a new position in Vinci Compass Investments in the 3rd quarter worth about $197,000. Finally, Squarepoint Ops LLC bought a new position in Vinci Compass Investments in the 3rd quarter worth about $242,000. 34.07% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on VINP shares. JPMorgan Chase & Co. upped their target price on Vinci Compass Investments from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. Wall Street Zen lowered Vinci Compass Investments from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Zacks Research upgraded Vinci Compass Investments to a “hold” rating in a research note on Thursday, April 16th. Finally, Weiss Ratings lowered Vinci Compass Investments from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $14.00.
Insider Transactions at Vinci Compass Investments
In other news, insider Bruno Augusto Sacchi Zaremba sold 23,010 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $10.62, for a total value of $244,366.20. Following the completion of the transaction, the insider directly owned 1,065,899 shares in the company, valued at approximately $11,319,847.38. This represents a 2.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fernando Lovisotto sold 16,908 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $10.56, for a total value of $178,548.48. Following the completion of the transaction, the insider owned 1,056,402 shares of the company’s stock, valued at $11,155,605.12. The trade was a 1.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 483,699 shares of company stock valued at $5,193,924 over the last quarter. Company insiders own 49.31% of the company’s stock.
Vinci Compass Investments News Roundup
Here are the key news stories impacting Vinci Compass Investments this week:
- Negative Sentiment: CFO Sergio Passos Ribeiro sold shares in multiple recent transactions, adding to concerns about insider distribution at Vinci Compass Investments (NASDAQ:VINP). SEC filing
- Negative Sentiment: Insiders Fernando Lovisotto and Bruno Augusto Sacchi Zaremba also sold shares on consecutive days, reinforcing the perception of broad insider selling. SEC filing
- Neutral Sentiment: Management noted the sales were executed under pre-arranged 10b5-1 trading plans, which means they may not reflect a change in the company’s outlook. SEC filing
- Neutral Sentiment: Recent coverage also highlighted the stock without pointing to a new business catalyst, leaving the insider activity as the main near-term driver. Article
Vinci Compass Investments Price Performance
VINP opened at $10.28 on Monday. The stock has a 50-day moving average price of $10.70 and a 200-day moving average price of $11.85. Vinci Compass Investments Ltd. has a 12-month low of $9.20 and a 12-month high of $13.61. The company has a current ratio of 5.08, a quick ratio of 5.08 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $672.54 million, a P/E ratio of 13.89 and a beta of 0.30.
Vinci Compass Investments (NASDAQ:VINP – Get Free Report) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). Vinci Compass Investments had a return on equity of 13.73% and a net margin of 26.75%.The firm had revenue of $47.19 million during the quarter, compared to analysts’ expectations of $51.84 million. Equities analysts predict that Vinci Compass Investments Ltd. will post 0.89 earnings per share for the current fiscal year.
Vinci Compass Investments Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Monday, May 25th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date is Friday, May 22nd. Vinci Compass Investments’s dividend payout ratio is presently 91.89%.
Vinci Compass 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. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.
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