Vinci Compass Investments (NASDAQ:VINP) Hits New 1-Year Low - Here's What Happened

Key Points

• VINP shares fell to a new 52-week low of $9.13, closing near $9.21 compared with the previous close of $9.30.
• Analyst sentiment is mixed: Zacks downgraded the stock to “strong sell,” JPMorgan maintained an “overweight” rating while cutting its target to $14, and the overall consensus is “Hold” with a $13.50 price target.
• The company missed quarterly expectations, reporting $0.19 in EPS and $54.05 million in revenue, but continues to offer a quarterly dividend of $0.17—an annualized yield of approximately 7.3%.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report)'s share price hit a new 52-week low on Friday. The company traded as low as $9.13 and last traded at $9.21, with a volume of 7277 shares traded. The stock had previously closed at $9.30.

Wall Street Analyst Weigh In

A number of research firms have recently commented on VINP. Zacks Research cut Vinci Compass Investments from a "hold" rating to a "strong sell" rating in a report on Thursday, September 10th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Vinci Compass Investments in a research note on Friday, September 11th. Finally, JPMorgan Chase & Co. decreased their target price on Vinci Compass Investments from $15.00 to $14.00 and set an "overweight" rating on the stock in a research report on Thursday, September 10th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $13.50.

Vinci Compass Investments Stock Performance

The company's 50-day simple moving average is $9.57 and its 200-day simple moving average is $10.01. The stock has a market capitalization of $605.85 million, a price-to-earnings ratio of 13.23 and a beta of 0.26. The company has a current ratio of 3.58, a quick ratio of 3.58 and a debt-to-equity ratio of 0.38.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.21 by ($0.02). The business had revenue of $54.05 million for the quarter, compared to analyst estimates of $56.12 million. Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. On average, analysts expect that Vinci Compass Investments Ltd. will post 0.8 EPS for the current year.

Vinci Compass Investments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments's payout ratio is currently 97.14%.

Institutional Trading of Vinci Compass Investments

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. SPX Gestao de Recursos Ltda lifted its position 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 worth $49,291,000 after purchasing an additional 671,448 shares during the period. Endure Capital Management LLC bought a new position in Vinci Compass Investments during the first quarter worth $3,531,000. Rockefeller Capital Management L.P. acquired a new position in Vinci Compass Investments in the fourth quarter valued at $1,324,000. Renaissance Technologies LLC lifted its holdings in Vinci Compass Investments by 12.2% in the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company's stock valued at $896,000 after buying an additional 9,264 shares during the period. Finally, Deltec Asset Management LLC boosted its position in Vinci Compass Investments by 136.1% during the first quarter. Deltec Asset Management LLC now owns 59,934 shares of the company's stock valued at $632,000 after acquiring an additional 34,553 shares during the last quarter. Institutional investors and hedge funds own 34.07% of the company's stock.

About Vinci Compass Investments

Vinci Compass Investments Ltd., formerly known as Vinci Partners Investments Ltd. NASDAQ: VINP, is an alternative investment platform focused primarily on Brazil and Latin America. The company was founded in 2009 and is headquartered in Rio de Janeiro, Brazil.

The firm provides investment management and advisory services across a range of alternative asset classes. Its offerings include private equity, infrastructure, credit, real estate, public equities, hedge funds and other investment strategies.

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