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

Driehaus Capital Management LLC grew its position in Vinci Partners Investments Ltd. (NASDAQ:VINP - Free Report) by 71.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 263,726 shares of the company's stock after acquiring an additional 109,568 shares during the period. Driehaus Capital Management LLC owned about 0.49% of Vinci Partners Investments worth $2,656,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

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

Vinci Partners Investments Stock Up 0.7%

VINP stock traded up $0.07 during mid-day trading on Tuesday, reaching $10.15. 25,649 shares of the company traded hands, compared to its average volume of 69,745. The company has a quick ratio of 12.68, a current ratio of 12.68 and a debt-to-equity ratio of 0.51. The firm's 50 day moving average price is $9.74 and its 200 day moving average price is $10.03. The stock has a market cap of $545.86 million, a price-to-earnings ratio of 16.37 and a beta of 0.09. Vinci Partners Investments Ltd. has a fifty-two week low of $8.66 and a fifty-two week high of $11.62.

Vinci Partners Investments Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Tuesday, May 27th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, May 27th. This represents a $0.60 dividend on an annualized basis and a yield of 5.91%. Vinci Partners Investments's dividend payout ratio (DPR) is currently 150.00%.

Vinci Partners Investments Profile

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.