Highbridge Capital Management LLC purchased a new stake in Vine Hill Capital Investment Corp. (NASDAQ:VCIC – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,373,824 shares of the company’s stock, valued at approximately $14,796,000. Highbridge Capital Management LLC owned approximately 4.68% of Vine Hill Capital Investment at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of the business. Jefferies Financial Group Inc. purchased a new stake in shares of Vine Hill Capital Investment in the fourth quarter valued at approximately $538,000. JPMorgan Chase & Co. purchased a new stake in Vine Hill Capital Investment during the third quarter worth $266,000. Alyeska Investment Group L.P. purchased a new stake in Vine Hill Capital Investment during the third quarter worth $13,417,000. Prelude Capital Management LLC purchased a new stake in Vine Hill Capital Investment during the third quarter worth $210,000. Finally, Linden Advisors LP boosted its position in Vine Hill Capital Investment by 97.3% during the third quarter. Linden Advisors LP now owns 888,000 shares of the company’s stock worth $9,510,000 after purchasing an additional 438,000 shares in the last quarter.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Vine Hill Capital Investment in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.
Vine Hill Capital Investment Price Performance
NASDAQ VCIC opened at $11.00 on Friday. Vine Hill Capital Investment Corp. has a fifty-two week low of $8.32 and a fifty-two week high of $13.70. The stock has a market cap of $322.66 million, a price-to-earnings ratio of 61.11 and a beta of 0.09. The business has a fifty day moving average of $11.05 and a 200-day moving average of $10.81.
Vine Hill Capital Investment (NASDAQ:VCIC – Get Free Report) last released its quarterly earnings results on Friday, March 27th. The company reported $0.04 earnings per share for the quarter.
Vine Hill Capital Investment Profile
Vine Hill Capital Investment Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Vine Hill Capital Investment Corp. is based in Fort Lauderdale, Florida.
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