Vinci Compass Investments (NASDAQ:VINP – Get Free Report) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Thursday, Zacks reports.
Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. lowered their price objective on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a research note on Thursday. Weiss Ratings lowered shares of Vinci Compass Investments from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday, June 16th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Vinci Compass Investments has a consensus rating of “Hold” and a consensus price target of $13.50.
Read Our Latest Stock Report on VINP
Vinci Compass Investments Price Performance
Vinci Compass Investments (NASDAQ:VINP – Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.02). Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. The business had revenue of $54.05 million for the quarter, compared to analysts’ expectations of $56.12 million. Analysts anticipate that Vinci Compass Investments will post 0.79 earnings per share for the current fiscal year.
Insider Activity
In other Vinci Compass Investments news, insider Augusto Zaremba sold 3,496 shares of Vinci Compass Investments stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $10.54, for a total value of $36,847.84. Following the completion of the sale, the insider owned 1,062,179 shares of the company’s stock, valued at approximately $11,195,366.66. The trade was a 0.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fernando Lovisotto sold 11,818 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $10.33, for a total transaction of $122,079.94. Following the sale, the insider owned 989,231 shares of the company’s stock, valued at approximately $10,218,756.23. This represents a 1.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 67,272 shares of company stock valued at $671,461 over the last three months. Insiders own 49.31% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its stake in shares of Vinci Compass Investments by 266.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 172,866 shares of the company’s stock worth $1,749,000 after purchasing an additional 125,711 shares during the period. Russell Investments Group Ltd. purchased a new stake in Vinci Compass Investments during the second quarter valued at approximately $123,000. JPMorgan Chase & Co. increased its holdings in Vinci Compass Investments by 12.9% during the third quarter. JPMorgan Chase & Co. now owns 334,743 shares of the company’s stock valued at $3,598,000 after buying an additional 38,154 shares during the last quarter. Van ECK Associates Corp increased its holdings in Vinci Compass Investments by 16.6% during the third quarter. Van ECK Associates Corp now owns 15,055 shares of the company’s stock valued at $162,000 after buying an additional 2,138 shares during the last quarter. Finally, Squarepoint Ops LLC bought a new position in Vinci Compass Investments in the third quarter worth approximately $242,000. Institutional investors own 34.07% of the company’s stock.
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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