Vinci Compass Investments (NASDAQ:VINP) Sees Unusually-High Trading Volume - Here's What Happened

Key Points

• VINP trading volume rose 59% to approximately 103,657 shares, while the stock gained 4.4% to $11.43.
• Analyst sentiment remains mixed, resulting in a consensus “Hold” rating and a $14 price target; ratings ranged from “Strong Sell” to “Overweight.”
• The company reported quarterly revenue and EPS below estimates but maintains a 5.9% dividend yield, while insiders own 49.31% and institutional investors hold 34.07% of the stock.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) shares saw an uptick in trading volume on Friday. Approximately 103,657 shares traded hands during mid-day trading, an increase of 59% from the previous session's volume of 65,216 shares. The stock last traded at $11.43 and had previously closed at $11.00.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Zacks Research downgraded shares of Vinci Compass Investments from a "hold" rating to a "strong sell" rating in a report on Thursday, September 10th. Weiss Ratings reiterated a "hold (c)" rating on shares of Vinci Compass Investments in a research report on Friday, September 11th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Vinci Compass Investments from $15.00 to $14.00 and set an "overweight" rating on the stock in a research note on Thursday, September 10th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $14.00.

Vinci Compass Investments Stock Up 4.4%

The company has a market cap of $751.44 million, a P/E ratio of 16.44 and a beta of 0.26. The stock's 50-day moving average price is $9.65 and its 200-day moving average price is $10.02. 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 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). 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 the consensus estimate of $56.12 million. As a group, research analysts forecast that Vinci Compass Investments Ltd. will post 0.8 EPS for the current year.

Vinci Compass Investments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors 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 yield of 5.9%. Vinci Compass Investments's dividend payout ratio (DPR) is presently 97.14%.

Insider Buying and Selling

In other Vinci Compass Investments news, insider Fernando Lovisotto sold 5,245 shares of the company's stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $10.73, for a total transaction of $56,278.85. Following the transaction, the insider owned 969,258 shares in the company, valued at approximately $10,400,138.34. This represents a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 49.31% of the company's stock.

Hedge Funds Weigh In On Vinci Compass Investments

Several large investors have recently added to or reduced their stakes in VINP. SPX Gestao de Recursos Ltda raised its stake in shares of Vinci Compass Investments by 16.8% in the first 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 purchased a new stake in Vinci Compass Investments in the 1st quarter valued at $3,531,000. Rockefeller Capital Management L.P. bought a new position in Vinci Compass Investments during the 4th quarter valued at $1,324,000. Renaissance Technologies LLC lifted its stake in Vinci Compass Investments by 12.2% during the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company's stock valued at $896,000 after acquiring an additional 9,264 shares in the last quarter. Finally, Deltec Asset Management LLC boosted its holdings in Vinci Compass Investments by 136.1% during the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company's stock worth $632,000 after acquiring an additional 34,553 shares during the last quarter. Institutional investors own 34.07% of the company's stock.

Vinci Compass Investments Company Profile

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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