Millennium Management LLC Sells 41,347 Shares of Vinci Partners Investments Ltd. (NASDAQ:VINP)

Millennium Management LLC lessened its holdings in Vinci Partners Investments Ltd. (NASDAQ:VINP - Free Report) by 76.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VINP. Commonwealth Equity Services LLC bought a new stake in shares of Vinci Partners Investments in the fourth quarter worth $104,000. Van ECK Associates Corp lifted its position in shares of Vinci Partners Investments by 15.2% in the fourth quarter. Van ECK Associates Corp now owns 14,646 shares of the company's stock worth $147,000 after purchasing an additional 1,929 shares in the last quarter. Trexquant Investment LP bought a new stake in shares of Vinci Partners Investments in the fourth quarter worth $233,000. Northern Trust Corp lifted its position in shares of Vinci Partners Investments by 259.4% in 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 in the last quarter. Finally, Castalian Partners LLC bought a new stake in shares of Vinci Partners Investments in the fourth quarter worth $1,259,000. Institutional investors own 34.07% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently commented on VINP shares. Wall Street Zen raised shares of Vinci Partners Investments from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. dropped their price target on shares of 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

NASDAQ VINP traded down $0.12 on Friday, hitting $9.40. 38,350 shares of the stock were exchanged, compared to its average volume of 71,791. The company has a debt-to-equity ratio of 0.51, a current ratio of 12.68 and a quick ratio of 12.68. The business's fifty day moving average is $9.63 and its 200 day moving average is $9.93. Vinci Partners Investments Ltd. has a 52 week low of $8.66 and a 52 week high of $11.62. The company has a market capitalization of $602.03 million, a PE ratio of 15.16 and a beta of 0.10.

Vinci Partners Investments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Tuesday, May 27th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.38%. The ex-dividend date was Tuesday, May 27th. Vinci Partners Investments's payout ratio is presently 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.