JPMorgan Chase & Co. Issues Pessimistic Forecast for Vinci Partners Investments (NASDAQ:VINP) Stock Price

Vinci Partners Investments (NASDAQ:VINP - Get Free Report) had its target price dropped by investment analysts at JPMorgan Chase & Co. from $15.00 to $13.50 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 41.07% from the company's previous close.

Vinci Partners Investments Trading Down 1.3 %

Shares of VINP stock traded down $0.13 during mid-day trading on Tuesday, reaching $9.57. The stock had a trading volume of 1,859 shares, compared to its average volume of 69,081. 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 has a 52-week low of $8.66 and a 52-week high of $11.62. The firm has a market capitalization of $514.67 million, a PE ratio of 15.44 and a beta of 0.08. The stock's 50-day moving average price is $9.76 and its two-hundred day moving average price is $10.06.

Institutional Investors Weigh In On Vinci Partners Investments

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership lifted its position 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 acquiring an additional 259,569 shares during the period. Castalian Partners LLC purchased a new position in shares of Vinci Partners Investments during the fourth quarter valued at approximately $1,259,000. SPX Gestao de Recursos Ltda boosted its position in shares of Vinci Partners Investments by 3.4% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 3,562,635 shares of the company's stock worth $35,377,000 after purchasing an additional 115,545 shares in the last quarter. Driehaus Capital Management LLC grew its stake in shares of Vinci Partners Investments by 71.1% in the 4th quarter. Driehaus Capital Management LLC now owns 263,726 shares of the company's stock worth $2,656,000 after buying an additional 109,568 shares during the last quarter. Finally, State Street Corp raised its stake in Vinci Partners Investments by 391.0% during the third quarter. State Street Corp now owns 105,534 shares of the company's stock valued at $1,048,000 after buying an additional 84,040 shares during the last quarter. 34.07% of the stock is owned by hedge funds and other institutional investors.

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.

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