Vinci Compass Investments (NASDAQ:VINP) Stock Jumps 9.2% – Time to Buy?

Vinci Compass Investments Ltd. (NASDAQ:VINP) shares traded up 9.2% during mid-day trading on Monday. The stock traded as high as $10.42 and last traded at $10.3190. 36,941 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 64,564 shares. The stock had previously closed at $9.45.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on VINP shares. Weiss Ratings restated a “hold (c)” rating on shares of Vinci Compass Investments in a research note on Friday, September 11th. JPMorgan Chase & Co. decreased their price target on shares of Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a research note on Thursday, September 10th. Finally, Zacks Research downgraded shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $13.50.

Vinci Compass Investments Stock Performance

The company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58. The company has a market capitalization of $703.26 million, a price-to-earnings ratio of 15.36 and a beta of 0.26. The stock has a 50 day simple moving average of $9.60 and a two-hundred day simple moving average of $10.00.

Vinci Compass Investments (NASDAQ:VINP) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%.The business had revenue of $54.05 million for the quarter, compared to analysts’ expectations of $56.12 million. As a group, analysts anticipate that Vinci Compass Investments Ltd. will post 0.8 earnings per share for the current year.

Vinci Compass Investments Announces Dividend

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. This represents a $0.68 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio is 97.14%.

Institutional Trading of Vinci Compass Investments

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VINP. SPX Gestao de Recursos Ltda lifted its position in shares of Vinci Compass Investments by 16.8% during the 1st quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock worth $49,291,000 after buying an additional 671,448 shares during the last quarter. Endure Capital Management LLC purchased a new stake in Vinci Compass Investments in the first quarter valued at $3,531,000. Rockefeller Capital Management L.P. purchased a new stake in Vinci Compass Investments in the fourth quarter valued at $1,324,000. Renaissance Technologies LLC boosted its stake in Vinci Compass Investments by 12.2% in the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock valued at $896,000 after acquiring an additional 9,264 shares in the last quarter. Finally, Deltec Asset Management LLC boosted its stake in Vinci Compass Investments by 136.1% in the first quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock valued at $632,000 after acquiring an additional 34,553 shares in the last quarter. Institutional investors and hedge funds own 34.07% of the company’s stock.

Vinci Compass Investments Company Profile

Vinci Partners Investments Ltd. is an alternative investment platform focused primarily on Brazil and Latin America. The company provides investment management and advisory services to institutional investors, family offices, high-net-worth individuals and other clients through a range of private- and public-market strategies.

Its offerings have included private equity, infrastructure, real estate, private credit, hedge funds and public equities. Vinci also manages investment vehicles and provides related asset-management services designed to give clients access to Brazilian and other Latin American opportunities across multiple asset classes.

Founded in 2009, Vinci Partners is headquartered in Brazil and serves both domestic and international investors.