Vinci Compass Investments (NASDAQ:VINP) Insider Fernando Lovisotto Sells 5,511 Shares of Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 5,511 shares of the business’s stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $10.87, for a total transaction of $59,904.57. Following the completion of the transaction, the insider owned 930,415 shares of the company’s stock, valued at approximately $10,113,611.05. This trade represents a 0.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fernando Lovisotto also recently made the following trade(s):

• On Tuesday, October 13th, Fernando Lovisotto sold 4,864 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.19, for a total value of $54,428.16.
• On Friday, October 9th, Fernando Lovisotto sold 12,533 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.34, for a total value of $142,124.22.
• On Monday, October 12th, Fernando Lovisotto sold 8,988 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.47, for a total value of $103,092.36.
• On Thursday, October 8th, Fernando Lovisotto sold 4,316 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.95, for a total value of $47,260.20.
• On Wednesday, October 7th, Fernando Lovisotto sold 2,632 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.71, for a total transaction of $28,188.72.
• On Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.73, for a total transaction of $56,278.85.
• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.44, for a total transaction of $122,649.12.

Vinci Compass Investments Stock Up 1.1%

Shares of NASDAQ:VINP opened at $10.95 on Friday. The firm’s 50 day moving average price is $9.78 and its 200 day moving average price is $10.05. The stock has a market cap of $716.35 million, a price-to-earnings ratio of 15.64 and a beta of 0.26. Vinci Compass Investments Ltd. has a fifty-two week low of $9.13 and a fifty-two week high of $13.61. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38.

Vinci Compass Investments (NASDAQ:VINP) last issued 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 firm had revenue of $54.05 million during the quarter, compared to analysts’ expectations of $56.12 million. As a group, equities research analysts predict that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current fiscal year.

Vinci Compass Investments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio (DPR) is presently 97.14%.

Hedge Funds Weigh In On Vinci Compass Investments

Hedge funds have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP grew its holdings in shares of Vinci Compass Investments by 46.0% during the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after purchasing an additional 5,129 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Vinci Compass Investments during the second quarter worth about $54,000. Endure Capital Management LLC acquired a new stake in shares of Vinci Compass Investments during the first quarter worth about $3,531,000. Renaissance Technologies LLC increased its position in shares of Vinci Compass Investments by 12.2% during the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock worth $896,000 after purchasing an additional 9,264 shares in the last quarter. Finally, SPX Gestao de Recursos Ltda lifted its holdings in shares of Vinci Compass Investments by 16.8% in the 1st quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock valued at $49,291,000 after purchasing an additional 671,448 shares during the last quarter. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on VINP. Weiss Ratings downgraded shares of Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. Zacks Research lowered Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. Finally, JPMorgan Chase & Co. cut their price target on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a research note on Thursday, September 10th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $14.00.

About Vinci Compass Investments

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.