Vinci Compass Investments (NASDAQ:VINP) Sees Large Volume Increase - Should You Buy?

Key Points

• VINP trading volume surged 288% to 259,095 shares, with the stock closing at $11.03 after previously ending at $10.93.
• Analyst sentiment is mixed: JPMorgan maintained an “overweight” rating despite cutting its target to $14, while Zacks downgraded the stock to “strong sell.” The consensus rating is “Hold,” with a $14 target price.
• The company offers a 6.2% dividend yield, but recently missed quarterly earnings and revenue estimates; insiders have also sold $1.26 million worth of shares over the past three months.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) shares saw an uptick in trading volume on Monday. 259,095 shares changed hands during trading, an increase of 288% from the previous session's volume of 66,782 shares. The stock last traded at $11.0250 and had previously closed at $10.93.

Wall Street Analysts Forecast Growth

VINP has been the subject of a number of recent research reports. JPMorgan Chase & Co. dropped 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. Zacks Research lowered shares of Vinci Compass Investments from a "hold" rating to a "strong sell" rating in a research report 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 note on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $14.00.

Vinci Compass Investments Price Performance

The company has a market capitalization of $721.58 million, a price-to-earnings ratio of 15.76 and a beta of 0.26. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38. The company has a 50 day simple moving average of $9.80 and a 200 day simple moving average of $10.06.

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

Vinci Compass Investments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were given a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, August 25th. This represents a $0.68 annualized dividend and a dividend yield of 6.2%. Vinci Compass Investments's dividend payout ratio is presently 97.14%.

Insiders Place Their Bets

In related news, insider Augusto Zaremba sold 21,222 shares of Vinci Compass Investments stock in a transaction on Friday, October 9th. The shares were sold at an average price of $11.34, for a total transaction of $240,657.48. Following the transaction, the insider owned 1,016,742 shares in the company, valued at approximately $11,529,854.28. The trade was a 2.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fernando Lovisotto sold 12,533 shares of the company's stock in a transaction on Friday, October 9th. The stock was sold at an average price of $11.34, for a total transaction of $142,124.22. Following the sale, the insider directly owned 94,978 shares of the company's stock, valued at approximately $1,077,050.52. This trade represents a 11.66% decrease in their ownership of the stock. 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. In the last three months, insiders sold 113,595 shares of company stock worth $1,262,003. Insiders own 49.31% of the company's stock.

Institutional Trading of Vinci Compass Investments

A number of hedge funds have recently made changes to their positions in VINP. SPX Gestao de Recursos Ltda increased its holdings in Vinci Compass Investments by 16.8% during 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 last quarter. Endure Capital Management LLC acquired a new position in shares of Vinci Compass Investments in the 1st quarter valued at approximately $3,531,000. Rockefeller Capital Management L.P. purchased a new position in shares of Vinci Compass Investments during the 4th quarter valued at approximately $1,324,000. Deltec Asset Management LLC boosted its stake in shares of Vinci Compass Investments by 136.1% during the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company's stock valued at $632,000 after buying an additional 34,553 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in shares of 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 in 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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