Vinci Compass Investments (NASDAQ:VINP) Hits New 52-Week Low After Earnings Miss

Key Points

• VINP hit a new 52-week low after reporting quarterly EPS of $0.21, below the $0.30 consensus, and revenue of $60.54 million versus estimates of $62.42 million.
• The company declared a quarterly dividend of $0.17 per share, equivalent to a 7.8% yield at the reported share price; its payout ratio is 97.14%.
• Analyst views are mixed, with ratings averaging “Hold” and an average price target of $12.25. UBS and JPMorgan cut their targets, while Zacks downgraded the stock to “Strong Sell.”

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) reached a new 52-week low on Friday following a weaker than expected earnings announcement. The stock traded as low as $8.10 and last traded at $8.7710, with a volume of 26,068 shares trading hands. The stock had previously closed at $8.81.

The company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.30 by ($0.09). Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. The firm had revenue of $60.54 million for the quarter, compared to the consensus estimate of $62.42 million.

Vinci Compass Investments Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 11th. Investors of record on Friday, November 27th will be given a dividend of $0.17 per share. The ex-dividend date is Friday, November 27th. This represents a $0.68 annualized dividend and a dividend yield of 7.8%. Vinci Compass Investments's dividend payout ratio is presently 97.14%.

Wall Street Analyst Weigh In

VINP has been the topic of several recent analyst reports. UBS Group dropped their price target on Vinci Compass Investments from $12.00 to $10.50 and set a "buy" rating on the stock in a research note on Monday. JPMorgan Chase & Co. reduced their price objective on shares of 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. Zacks Research lowered shares of Vinci Compass Investments from a "hold" rating to a "strong sell" rating in a research note on Thursday, September 10th. Finally, Weiss Ratings downgraded shares of Vinci Compass Investments from a "hold (c)" rating to a "hold (c-)" rating in a research report on Wednesday, November 4th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $12.25.

Insider Transactions at Vinci Compass Investments

In related news, insider Augusto Zaremba sold 19,815 shares of the company's stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of $11.43, for a total transaction of $226,485.45. Following the transaction, the insider directly owned 915,442 shares of the company's stock, valued at approximately $10,463,502.06. This represents a 2.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fernando Lovisotto sold 13,452 shares of the stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of $11.41, for a total value of $153,487.32. Following the completion of the transaction, the insider owned 875,954 shares in the company, valued at approximately $9,994,635.14. The trade was a 1.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 241,712 shares of company stock valued at $2,694,007 over the last ninety days. 49.31% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Vinci Compass Investments

A number of large investors have recently modified their holdings of VINP. Endure Capital Management LLC acquired a new stake in Vinci Compass Investments in the 1st quarter valued at $3,531,000. SPX Gestao de Recursos Ltda raised its holdings in Vinci Compass Investments by 16.8% during the first quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company's stock worth $49,291,000 after buying an additional 671,448 shares during the last quarter. 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 buying an additional 9,264 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in Vinci Compass Investments during the second quarter worth $54,000. Finally, Engineers Gate Manager LP lifted its stake in shares of 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 buying an additional 5,129 shares in the last quarter. 34.07% of the stock is currently owned by institutional investors.

Vinci Compass Investments Price Performance

The stock has a market capitalization of $571.12 million, a P/E ratio of 12.47 and a beta of 0.31. The business's 50 day simple moving average is $9.75 and its two-hundred day simple moving average is $10.34. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38.

Vinci Compass Investments Company Profile

Vinci Compass Investments is an alternative investment and asset-management firm with roots in Brazil. It provides investment products and services to institutional and individual clients, with strategies spanning private equity, infrastructure, real estate, credit and public markets. The company's platform serves clients in Brazil and other Latin American markets. Its business traces its origins to Vinci Partners, founded in 2009, and its regional presence has expanded through the combination with Compass Group.

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