Vinci Compass Investments (NASDAQ:VINP) Sets New 52-Week Low – Here’s Why

Vinci Compass Investments Ltd. (NASDAQ:VINP) shares reached a new 52-week low on Thursday . The stock traded as low as $9.22 and last traded at $9.55, with a volume of 93588 shares traded. The stock had previously closed at $9.90.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded 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 and two have issued a Hold rating to the stock. According to MarketBeat.com, Vinci Compass Investments has a consensus rating of “Moderate Buy” and a consensus price target of $14.00.

Vinci Compass Investments Stock Up 0.4%

The firm has a 50-day moving average price of $9.79 and a two-hundred day moving average price of $10.64. The company has a market capitalization of $623.45 million, a P/E ratio of 13.61 and a beta of 0.30. The company has a quick ratio of 5.08, a current ratio of 3.58 and a debt-to-equity ratio of 0.38.

Vinci Compass Investments (NASDAQ:VINP) last announced its earnings results on Tuesday, August 11th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The company had revenue of $54.05 million for the quarter, compared to the consensus estimate of $56.12 million. Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. Equities research analysts anticipate that Vinci Compass Investments Ltd. will post 0.9 EPS for the current fiscal year.

Vinci Compass Investments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th will be given a dividend of $0.17 per share. The ex-dividend date is Tuesday, August 25th. This represents a $0.68 dividend on an annualized basis and a yield of 7.1%. Vinci Compass Investments’s dividend payout ratio is 91.89%.

Insider Activity at Vinci Compass Investments

In other Vinci Compass Investments news, insider Bruno Augusto Sacchi Zaremba sold 3,496 shares of the business’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $10.54, for a total value of $36,847.84. Following the completion of the transaction, the insider directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fernando Lovisotto sold 11,818 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $10.33, for a total value of $122,079.94. Following the transaction, the insider owned 989,231 shares of the company’s stock, valued at approximately $10,218,756.23. This trade represents a 1.18% decrease in their position. 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 a total of 160,460 shares of company stock valued at $1,599,577 over the last quarter. Corporate insiders own 49.31% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Geode Capital Management LLC increased its holdings in shares of Vinci Compass Investments by 6.7% in the fourth quarter. Geode Capital Management LLC now owns 30,116 shares of the company’s stock valued at $393,000 after purchasing an additional 1,896 shares during the last quarter. Van ECK Associates Corp grew its position in shares of Vinci Compass Investments by 16.6% during the 3rd quarter. Van ECK Associates Corp now owns 15,055 shares of the company’s stock worth $162,000 after purchasing an additional 2,138 shares in the last quarter. Mondrian Investment Partners LTD bought a new position in shares of Vinci Compass Investments during the fourth quarter worth approximately $37,000. R Squared Ltd raised its position in shares of Vinci Compass Investments by 6.4% in the first quarter. R Squared Ltd now owns 52,686 shares of the company’s stock valued at $556,000 after buying an additional 3,153 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of Vinci Compass Investments by 4.9% in the fourth quarter. Renaissance Technologies LLC now owns 75,636 shares of the company’s stock valued at $986,000 after buying an additional 3,504 shares during the period. 34.07% of the stock is currently owned by institutional investors and hedge funds.

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.