Northern Trust Corp Boosts Holdings in Vinci Partners Investments Ltd. (NASDAQ:VINP)

Northern Trust Corp lifted its holdings in shares of Vinci Partners Investments Ltd. (NASDAQ:VINP - Free Report) by 259.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,269 shares of the company's stock after buying 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.

Several other institutional investors also recently modified their holdings of the business. Commonwealth Equity Services LLC acquired a new position in shares of Vinci Partners Investments in the fourth quarter valued at approximately $104,000. Van ECK Associates Corp increased its position in Vinci Partners Investments by 15.2% during the fourth quarter. Van ECK Associates Corp now owns 14,646 shares of the company's stock worth $147,000 after acquiring an additional 1,929 shares during the period. Trexquant Investment LP acquired a new position in shares of Vinci Partners Investments during the 4th quarter worth approximately $233,000. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of 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 worth $2,717,000 after purchasing an additional 259,569 shares in the last quarter. Institutional investors and hedge funds own 34.07% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on VINP shares. Wall Street Zen upgraded shares of Vinci Partners Investments from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. cut their target price 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 Trading Down 1.8%

Shares of NASDAQ:VINP traded down $0.17 during mid-day trading on Tuesday, hitting $9.47. The company had a trading volume of 3,372 shares, compared to its average volume of 71,113. The firm has a fifty day moving average price of $9.70 and a 200 day moving average price of $9.97. The company has a market capitalization of $509.29 million, a PE ratio of 15.27 and a beta of 0.09. The company has a debt-to-equity ratio of 0.51, a current ratio of 12.68 and a quick ratio of 12.68. Vinci Partners Investments Ltd. has a one year low of $8.66 and a one year high of $11.62.

Vinci Partners Investments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Tuesday, May 27th will be paid a $0.15 dividend. The ex-dividend date is Tuesday, May 27th. This represents a $0.60 annualized dividend and a dividend yield of 6.34%. Vinci Partners Investments's payout ratio is 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.