Driehaus Capital Management LLC Acquires 109,568 Shares of Vinci Partners Investments Ltd. (NASDAQ:VINP)

Driehaus Capital Management LLC grew its stake in shares of Vinci Partners Investments Ltd. (NASDAQ:VINP - Free Report) by 71.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 263,726 shares of the company's stock after acquiring an additional 109,568 shares during the quarter. Driehaus Capital Management LLC owned about 0.49% of Vinci Partners Investments worth $2,656,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Commonwealth Equity Services LLC bought a new position in shares of Vinci Partners Investments in the fourth quarter worth about $104,000. Van ECK Associates Corp grew its position in shares of Vinci Partners Investments by 15.2% during the 4th quarter. Van ECK Associates Corp now owns 14,646 shares of the company's stock worth $147,000 after buying an additional 1,929 shares during the period. Trexquant Investment LP bought a new position in shares of Vinci Partners Investments in the 4th quarter worth $233,000. Northern Trust Corp lifted its holdings in shares of Vinci Partners Investments by 259.4% in the 4th quarter. Northern Trust Corp now owns 78,269 shares of the company's stock worth $788,000 after purchasing an additional 56,489 shares in the last quarter. Finally, Castalian Partners LLC bought a new position in Vinci Partners Investments during the 4th quarter valued at $1,259,000. Institutional investors and hedge funds own 34.07% of the company's stock.

Vinci Partners Investments Stock Performance

VINP traded up $0.04 during trading hours on Thursday, hitting $9.99. The stock had a trading volume of 44,643 shares, compared to its average volume of 70,104. The company's fifty day simple moving average is $9.75 and its 200 day simple moving average is $10.03. Vinci Partners Investments Ltd. has a 1 year low of $8.66 and a 1 year high of $11.62. The stock has a market cap of $537.14 million, a PE ratio of 16.09 and a beta of 0.09. The company has a quick ratio of 12.68, a current ratio of 12.68 and a debt-to-equity ratio of 0.51.

Vinci Partners Investments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Tuesday, May 27th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.01%. The ex-dividend date is Tuesday, May 27th. Vinci Partners Investments's dividend payout ratio (DPR) is currently 153.85%.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. dropped their price objective on Vinci Partners Investments from $15.00 to $13.50 and set an "overweight" rating on the stock in a research note on Tuesday, April 29th.

About Vinci Partners 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.