Millennium Management LLC Has $125,000 Stake in Vinci Partners Investments Ltd. (NASDAQ:VINP)

Millennium Management LLC lowered its position in Vinci Partners Investments Ltd. (NASDAQ:VINP - Free Report) by 76.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,455 shares of the company's stock after selling 41,347 shares during the quarter. Millennium Management LLC's holdings in Vinci Partners Investments were worth $125,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of VINP. Arrowstreet Capital Limited Partnership lifted its holdings in Vinci Partners Investments by 2,528.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 269,833 shares of the company's stock valued at $2,717,000 after purchasing an additional 259,569 shares during the last quarter. Driehaus Capital Management LLC raised its position in shares of Vinci Partners Investments by 71.1% in the fourth quarter. Driehaus Capital Management LLC now owns 263,726 shares of the company's stock valued at $2,656,000 after purchasing an additional 109,568 shares during the period. Castalian Partners LLC acquired a new stake in shares of Vinci Partners Investments during the 4th quarter worth about $1,259,000. Northern Trust Corp lifted its stake in shares of Vinci Partners Investments by 259.4% during the 4th quarter. Northern Trust Corp now owns 78,269 shares of the company's stock worth $788,000 after buying an additional 56,489 shares during the last quarter. Finally, Trexquant Investment LP bought a new stake in shares of Vinci Partners Investments during the 4th quarter worth about $233,000. Institutional investors own 34.07% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Wall Street Zen raised shares of Vinci Partners Investments from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. decreased their target price on Vinci Partners Investments from $15.00 to $13.50 and set an "overweight" rating on the stock in a research report on Tuesday, April 29th.

Vinci Partners Investments Stock Performance

VINP stock traded down $0.16 during trading hours on Tuesday, hitting $9.54. 31,223 shares of the stock were exchanged, compared to its average volume of 71,909. Vinci Partners Investments Ltd. has a 12 month low of $8.66 and a 12 month high of $11.62. The company has a current ratio of 8.31, a quick ratio of 8.31 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $611.04 million, a P/E ratio of 24.46 and a beta of 0.10. The company has a 50-day simple moving average of $9.65 and a two-hundred day simple moving average of $9.92.

Vinci Partners Investments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Tuesday, May 27th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.29%. The ex-dividend date of this dividend was Tuesday, May 27th. Vinci Partners Investments's dividend payout ratio is currently 153.85%.

Vinci Partners Investments Company 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.