Vinci Compass Investments (NASDAQ:VINP) Insider Fernando Lovisotto Sells 5,511 Shares of Stock

Key Points

• Insider selling: Fernando Lovisotto sold 5,511 VINP shares for approximately $59,905 under a pre-arranged Rule 10b5-1 plan, reducing his stake by 0.59% to 930,415 shares. He has made several additional sales in October.
• Stock and financial performance: VINP shares rose 1.1% to $10.95, while the company’s latest quarterly EPS and revenue fell short of analyst estimates.
• Dividend and outlook: Vinci Compass pays a $0.17 quarterly dividend, equal to a 6.2% annualized yield, but its 97.14% payout ratio is high. Analysts maintain a consensus “Hold” rating with a $14 average price target.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Fernando Lovisotto sold 5,511 shares of the stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $10.87, for a total transaction of $59,904.57. Following the sale, the insider directly owned 930,415 shares in the company, valued at $10,113,611.05. This represents a 0.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fernando Lovisotto also recently made the following trade(s):

• On Tuesday, October 13th, Fernando Lovisotto sold 4,864 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.19, for a total transaction of $54,428.16.
• On Friday, October 9th, Fernando Lovisotto sold 12,533 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.34, for a total transaction of $142,124.22.
• On Monday, October 12th, Fernando Lovisotto sold 8,988 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.47, for a total transaction of $103,092.36.
• On Thursday, October 8th, Fernando Lovisotto sold 4,316 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.95, for a total transaction of $47,260.20.
• On Wednesday, October 7th, Fernando Lovisotto sold 2,632 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.71, for a total transaction of $28,188.72.
• On Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.73, for a total transaction of $56,278.85.
• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.44, for a total value of $122,649.12.

Vinci Compass Investments Stock Up 1.1%

Shares of Vinci Compass Investments stock traded up $0.12 during trading hours on Thursday, reaching $10.95. 86,605 shares of the company were exchanged, compared to its average volume of 66,848. The firm has a market cap of $716.37 million, a PE ratio of 15.64 and a beta of 0.26. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58. Vinci Compass Investments Ltd. has a 1 year low of $9.13 and a 1 year high of $13.61. The stock's fifty day moving average is $9.76 and its 200 day moving average is $10.04.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.02). The company had revenue of $54.05 million during the quarter, compared to analysts' expectations of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. As a group, equities research analysts forecast that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current year.

Vinci Compass Investments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were issued a dividend of $0.17 per share. The ex-dividend date was Tuesday, August 25th. This represents a $0.68 annualized dividend and a yield of 6.2%. Vinci Compass Investments's dividend payout ratio is 97.14%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on VINP shares. Weiss Ratings lowered Vinci Compass Investments from a "hold (c)" rating to a "hold (c-)" rating in a research report on Thursday, October 8th. JPMorgan Chase & Co. lowered their price objective on Vinci Compass Investments from $15.00 to $14.00 and set an "overweight" rating for the company in a research report on Thursday, September 10th. Finally, Zacks Research downgraded Vinci Compass Investments from a "hold" rating to a "strong sell" rating in a research report on Thursday, September 10th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $14.00.

Institutional Investors Weigh In On Vinci Compass Investments

Several institutional investors have recently added to or reduced their stakes in VINP. Engineers Gate Manager LP boosted its holdings in Vinci Compass Investments by 46.0% in the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company's stock valued at $158,000 after purchasing an additional 5,129 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in Vinci Compass Investments in the second quarter valued at approximately $54,000. Endure Capital Management LLC acquired a new stake in Vinci Compass Investments during the first quarter worth approximately $3,531,000. Renaissance Technologies LLC raised its holdings in Vinci Compass Investments by 12.2% during the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company's stock worth $896,000 after purchasing an additional 9,264 shares in the last quarter. Finally, SPX Gestao de Recursos Ltda lifted its holdings in shares of Vinci Compass Investments by 16.8% in the 1st quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company's stock valued at $49,291,000 after purchasing an additional 671,448 shares during the last quarter. Hedge funds and other institutional investors own 34.07% of the company's stock.

About Vinci Compass Investments

Vinci Partners Investments Ltd. is an alternative investment platform focused primarily on Brazil and Latin America. The company provides investment management and advisory services to institutional investors, family offices, high-net-worth individuals and other clients through a range of private- and public-market strategies.

Its offerings have included private equity, infrastructure, real estate, private credit, hedge funds and public equities. Vinci also manages investment vehicles and provides related asset-management services designed to give clients access to Brazilian and other Latin American opportunities across multiple asset classes.

Founded in 2009, Vinci Partners is headquartered in Brazil and serves both domestic and international investors.

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