Vinci Compass Investments Ltd. (NASDAQ:VINP – Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $9.32, but opened at $10.00. Vinci Compass Investments shares last traded at $9.3050, with a volume of 3,073 shares traded.
Analysts Set New Price Targets
Several brokerages have commented on VINP. Weiss Ratings reissued a “hold (c)” rating on shares of Vinci Compass Investments in a research report 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 lowered shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Vinci Compass Investments presently has a consensus rating of “Hold” and a consensus price target of $13.50.
Read Our Latest Analysis on Vinci Compass Investments
Vinci Compass Investments Stock Performance
Vinci Compass Investments (NASDAQ:VINP – Get Free Report) last announced its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). The business had revenue of $54.05 million for the quarter, compared to analyst estimates of $56.12 million. Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. Analysts anticipate that Vinci Compass Investments Ltd. will post 0.8 earnings per share for the current fiscal year.
Vinci Compass Investments Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were given a dividend of $0.17 per share. The ex-dividend date was Tuesday, August 25th. This represents a $0.68 dividend on an annualized basis and a yield of 7.3%. Vinci Compass Investments’s dividend payout ratio is presently 97.14%.
Insider Buying and Selling at Vinci Compass Investments
In other news, CFO Sergio Ribeiro sold 5,626 shares of the business’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $9.59, for a total transaction of $53,953.34. Following the transaction, the chief financial officer directly owned 180,250 shares in the company, valued at $1,728,597.50. The trade was a 3.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 14,737 shares of company stock valued at $142,643 over the last quarter. 49.31% of the stock is owned by insiders.
Hedge Funds Weigh In On Vinci Compass Investments
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mondrian Investment Partners LTD acquired a new stake in shares of Vinci Compass Investments in the 4th quarter valued at approximately $37,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Vinci Compass Investments in the second quarter valued at approximately $54,000. Engineers Gate Manager LP grew its holdings in 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 acquiring an additional 5,129 shares during the period. R Squared Ltd raised its position in Vinci Compass Investments by 6.4% in the first quarter. R Squared Ltd now owns 52,686 shares of the company’s stock worth $556,000 after acquiring an additional 3,153 shares in the last quarter. Finally, Deltec Asset Management LLC raised its position 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 worth $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.
About Vinci Compass Investments
Vinci Compass Investments Ltd., formerly known as Vinci Partners Investments Ltd. (NASDAQ: VINP), is an alternative investment platform focused primarily on Brazil and Latin America. The company was founded in 2009 and is headquartered in Rio de Janeiro, Brazil.
The firm provides investment management and advisory services across a range of alternative asset classes. Its offerings include private equity, infrastructure, credit, real estate, public equities, hedge funds and other investment strategies.
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