Northern Trust Corp Buys 56,489 Shares of Vinci Partners Investments Ltd. (NASDAQ:VINP)

Northern Trust Corp increased its stake in shares of Vinci Partners Investments Ltd. (NASDAQ:VINP - Free Report) by 259.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,269 shares of the company's stock after purchasing an additional 56,489 shares during the quarter. Northern Trust Corp owned about 0.15% of Vinci Partners Investments worth $788,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Van ECK Associates Corp raised 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 worth $147,000 after purchasing an additional 1,929 shares during the period. Commonwealth Equity Services LLC acquired a new stake in shares of Vinci Partners Investments during the fourth quarter worth $104,000. Trexquant Investment LP bought a new position in Vinci Partners Investments in the fourth quarter valued at $233,000. Finally, Arrowstreet Capital Limited Partnership grew its position in Vinci Partners Investments by 2,528.9% in the fourth 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 in the last quarter. 34.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

VINP has been the subject of a number of analyst reports. JPMorgan Chase & Co. decreased their target price on shares of Vinci Partners Investments from $15.00 to $13.50 and set an "overweight" rating for the company in a research report on Tuesday, April 29th. 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.

Vinci Partners Investments Stock Performance

Shares of VINP traded up $0.04 during midday trading on Tuesday, reaching $9.68. The stock had a trading volume of 34,457 shares, compared to its average volume of 71,412. The firm has a 50 day simple moving average of $9.68 and a 200-day simple moving average of $9.97. Vinci Partners Investments Ltd. has a one year low of $8.66 and a one year high of $11.62. The firm has a market cap of $520.58 million, a PE ratio of 15.61 and a beta of 0.09. The company has a current ratio of 12.68, a quick ratio of 12.68 and a debt-to-equity ratio of 0.51.

Vinci Partners Investments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Tuesday, May 27th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.20%. The ex-dividend date is Tuesday, May 27th. Vinci Partners Investments's dividend payout ratio (DPR) is presently 153.85%.

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.