Zacks Research Downgrades Vinci Compass Investments (NASDAQ:VINP) to Strong Sell

Key Points

• Zacks Research downgraded Vinci Compass Investments to “strong sell” from “hold,” while the broader analyst consensus remains “hold” with a $13.50 price target.
• VINP shares opened at $9.44, near their 52-week low of $9.19, after the company reported quarterly EPS of $0.19 and revenue of $54.05 million—both below analyst expectations.
• Company insiders sold 67,272 shares worth approximately $671,461 over the past 90 days, while hedge funds and institutional investors own 34.07% of the stock.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) was downgraded by equities researchers at Zacks Research from a "hold" rating to a "strong sell" rating in a research report issued on Thursday, Zacks reports.

Several other research firms also recently weighed in on VINP. JPMorgan Chase & Co. reduced their target price on Vinci Compass Investments from $15.00 to $14.00 and set an "overweight" rating for the company in a report on Thursday. Weiss Ratings lowered shares of Vinci Compass Investments from a "buy (b-)" rating to a "hold (c)" rating in a research note on Tuesday, June 16th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $13.50.

Vinci Compass Investments Stock Performance

Shares of VINP stock opened at $9.44 on Thursday. Vinci Compass Investments has a 52 week low of $9.19 and a 52 week high of $13.61. The stock has a market capitalization of $617.58 million, a PE ratio of 13.49 and a beta of 0.29. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average of $9.70 and a two-hundred day moving average of $10.23.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.02). Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. The business had revenue of $54.05 million during the quarter, compared to analysts' expectations of $56.12 million. On average, research analysts predict that Vinci Compass Investments will post 0.79 EPS for the current fiscal year.

Insider Buying and Selling

In other Vinci Compass Investments news, CFO Sergio Ribeiro sold 5,626 shares of the company'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 approximately $1,728,597.50. This represents a 3.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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 shares were sold at an average price of $10.33, for a total transaction of $122,079.94. Following the completion of the transaction, the insider directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 67,272 shares of company stock valued at $671,461. Corporate insiders own 49.31% of the company's stock.

Hedge Funds Weigh In On Vinci Compass Investments

Several hedge funds have recently bought and sold shares of the company. Engineers Gate Manager LP raised 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 purchasing an additional 5,129 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in Vinci Compass Investments during the 2nd quarter valued at about $54,000. Endure Capital Management LLC purchased a new position in Vinci Compass Investments during the 1st quarter valued at about $3,531,000. Renaissance Technologies LLC raised its position in 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 acquiring an additional 9,264 shares during the last quarter. Finally, SPX Gestao de Recursos Ltda raised its position in 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 acquiring an additional 671,448 shares during the last quarter. 34.07% of the stock is owned by hedge funds and other institutional investors.

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.

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