Vinci Compass Investments (NASDAQ:VINP) Reaches New 52-Week High – Time to Buy?

Vinci Compass Investments Ltd. (NASDAQ:VINP)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $12.49 and last traded at $12.2040, with a volume of 58948 shares trading hands. The stock had previously closed at $12.00.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. UBS Group boosted their price objective on Vinci Compass Investments from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vinci Compass Investments in a research report on Thursday, October 30th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Vinci Compass Investments presently has an average rating of “Moderate Buy” and an average price target of $13.33.

Vinci Compass Investments Trading Up 0.8%

The business’s 50 day moving average price is $11.08 and its two-hundred day moving average price is $10.23. The company has a debt-to-equity ratio of 0.44, a quick ratio of 7.84 and a current ratio of 6.68. The company has a market capitalization of $769.83 million, a price-to-earnings ratio of 25.58 and a beta of 0.12.

Vinci Compass Investments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 9th. Shareholders of record on Monday, November 24th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Monday, November 24th. Vinci Compass Investments’s dividend payout ratio is 127.66%.

Institutional Trading of Vinci Compass Investments

Hedge funds and other institutional investors have recently modified their holdings of the company. SPX Gestao de Recursos Ltda boosted its position in shares of Vinci Compass Investments by 7.4% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 4,038,396 shares of the company’s stock valued at $43,413,000 after purchasing an additional 278,612 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings 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 in the last quarter. Samlyn Capital LLC lifted its stake in Vinci Compass Investments by 3.5% during the third quarter. Samlyn Capital LLC now owns 2,335,754 shares of the company’s stock valued at $25,109,000 after purchasing an additional 79,538 shares during the last quarter. Two Sigma Investments LP boosted its holdings in Vinci Compass Investments by 347.1% during the third quarter. Two Sigma Investments LP now owns 74,880 shares of the company’s stock worth $805,000 after buying an additional 58,131 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted 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 worth $3,598,000 after buying an additional 38,154 shares in the last quarter. 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.