Vinci Compass Investments Ltd. (NASDAQ:VINP – Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $9.13 and last traded at $9.14, with a volume of 54887 shares trading hands. The stock had previously closed at $9.31.
Analysts Set New Price Targets
A number of research firms recently issued reports on VINP. Weiss Ratings restated a “hold (c)” rating on shares of Vinci Compass Investments in a report on Friday. JPMorgan Chase & Co. cut their price target on shares of Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a research note on Thursday, September 10th. Finally, Zacks Research lowered shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Vinci Compass Investments presently has an average rating of “Hold” and a consensus price target of $13.50.
View Our Latest Stock Report on Vinci Compass Investments
Vinci Compass Investments Stock Performance
Vinci Compass Investments (NASDAQ:VINP – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The firm had revenue of $54.05 million during the quarter, compared to analysts’ expectations of $56.12 million. Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. Equities analysts predict that Vinci Compass Investments Ltd. will post 0.8 earnings per share for the current fiscal year.
Vinci Compass Investments Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were issued a $0.17 dividend. The ex-dividend date was Tuesday, August 25th. This represents a $0.68 annualized dividend and a yield of 7.4%. Vinci Compass Investments’s dividend payout ratio (DPR) is presently 97.14%.
Insider Buying and Selling
In other Vinci Compass Investments news, CFO Sergio Ribeiro sold 10,000 shares of Vinci Compass Investments stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $9.69, for a total transaction of $96,900.00. Following the transaction, the chief financial officer directly owned 196,712 shares of the company’s stock, valued at $1,906,139.28. The trade was a 4.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 28,652 shares of company stock valued at $277,831 in the last 90 days. Company insiders own 49.31% of the company’s stock.
Hedge Funds Weigh In On Vinci Compass Investments
A number of hedge funds have recently made changes to their positions in the business. Endure Capital Management LLC acquired a new position in shares of Vinci Compass Investments during the 1st quarter valued at $3,531,000. SPX Gestao de Recursos Ltda increased its holdings in Vinci Compass Investments by 16.8% in the 1st quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock valued at $49,291,000 after purchasing an additional 671,448 shares in the last quarter. Rockefeller Capital Management L.P. purchased a new position in Vinci Compass Investments in the fourth quarter valued at about $1,324,000. Engineers Gate Manager LP lifted its stake in shares of Vinci Compass Investments by 46.0% during the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after purchasing an additional 5,129 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Vinci Compass Investments during the second quarter worth about $54,000. Hedge funds and other institutional investors own 34.07% of the company’s stock.
About Vinci Compass Investments
Vinci Compass Investments Ltd., formerly known as Vinci Partners Investments Ltd. (NASDAQ: VINP), is an alternative investment platform focused primarily on Brazil and Latin America. The company was founded in 2009 and is headquartered in Rio de Janeiro, Brazil.
The firm provides investment management and advisory services across a range of alternative asset classes. Its offerings include private equity, infrastructure, credit, real estate, public equities, hedge funds and other investment strategies.
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