Vinci Compass Investments Ltd. (NASDAQ:VINP) Announces $0.17 Quarterly Dividend

Vinci Compass Investments Ltd. (NASDAQ:VINP) announced a quarterly dividend on Monday, May 11th. Investors of record on Monday, May 25th will be paid a dividend of 0.17 per share on Monday, June 8th. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Friday, May 22nd.

Vinci Compass Investments has a dividend payout ratio of 77.3% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Analysts expect Vinci Compass Investments to earn $1.16 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 58.6%.

Vinci Compass Investments Stock Performance

Shares of VINP stock opened at $10.68 on Tuesday. The business’s 50 day simple moving average is $10.82 and its 200 day simple moving average is $11.87. Vinci Compass Investments has a one year low of $9.20 and a one year high of $13.61. The stock has a market capitalization of $698.71 million, a PE ratio of 17.51 and a beta of 0.30. The company has a debt-to-equity ratio of 0.49, a current ratio of 5.13 and a quick ratio of 5.13.

Vinci Compass Investments (NASDAQ:VINP) last announced its earnings results on Thursday, March 5th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.01). Vinci Compass Investments had a net margin of 22.89% and a return on equity of 14.24%. The company had revenue of $47.19 million during the quarter, compared to the consensus estimate of $51.84 million. As a group, research analysts forecast that Vinci Compass Investments will post 0.89 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Bruno Augusto Sacchi Zaremba sold 18,997 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $11.02, for a total transaction of $209,346.94. Following the transaction, the insider directly owned 1,146,021 shares of the company’s stock, valued at $12,629,151.42. This represents a 1.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fernando Lovisotto sold 9,320 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $10.28, for a total value of $95,809.60. Following the transaction, the insider directly owned 1,234,012 shares in the company, valued at $12,685,643.36. The trade was a 0.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 405,351 shares of company stock worth $4,363,842 over 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 institutional investors have recently modified their holdings of the company. SPX Gestao de Recursos Ltda raised its position in shares of Vinci Compass Investments by 16.8% during the first quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock worth $49,291,000 after purchasing an additional 671,448 shares during the period. Samlyn Capital LLC raised its position in shares of Vinci Compass Investments by 3.5% during the third quarter. Samlyn Capital LLC now owns 2,335,754 shares of the company’s stock worth $25,109,000 after purchasing an additional 79,538 shares during the period. JPMorgan Chase & Co. raised its position in shares of 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 purchasing an additional 38,154 shares during the period. State Street Corp raised its position in shares of Vinci Compass Investments by 15.0% during the fourth quarter. State Street Corp now owns 236,278 shares of the company’s stock worth $3,081,000 after purchasing an additional 30,904 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of Vinci Compass Investments by 266.6% during the first 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. 34.07% of the stock is owned by institutional investors and hedge funds.

About Vinci Compass Investments

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.