Vinci Compass Investments (NASDAQ:VINP) Stock Jumps 9.2% - Time to Buy?

Key Points

• VINP shares rose 9.2% to about $10.32 in mid-day trading, although trading volume was 43% below the stock’s average daily volume.
• Analyst sentiment remains mixed: the consensus rating is “Hold” with a $13.50 price target, while Zacks downgraded the stock to “strong sell” and JPMorgan lowered its target to $14 but maintained an “overweight” rating.
• The company reported quarterly EPS and revenue below consensus estimates, but pays a substantial $0.68 annual dividend yielding approximately 6.6%; institutional investors own 34.07% of the shares.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) rose 9.2% during mid-day trading on Monday. The stock traded as high as $10.42 and last traded at $10.3190. Approximately 36,941 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 64,564 shares. The stock had previously closed at $9.45.

Analyst Ratings Changes

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

Vinci Compass Investments Stock Up 9.7%

The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58. The company has a market cap of $678.08 million, a P/E ratio of 14.66 and a beta of 0.26. The business's fifty day moving average is $9.57 and its two-hundred day moving average is $10.00.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.02). Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%.The business had revenue of $54.05 million for the quarter, compared to the consensus estimate of $56.12 million. Equities analysts predict that Vinci Compass Investments Ltd. will post 0.8 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. Shareholders of record on Tuesday, August 25th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 6.6%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments's payout ratio is presently 97.14%.

Institutional Investors Weigh In On Vinci Compass Investments

Institutional investors have recently modified their holdings of the business. SPX Gestao de Recursos Ltda boosted 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 acquiring an additional 671,448 shares during the last quarter. Endure Capital Management LLC purchased a new position in Vinci Compass Investments in the first quarter worth approximately $3,531,000. Rockefeller Capital Management L.P. acquired a new stake in shares of Vinci Compass Investments during the fourth quarter valued at about $1,324,000. Renaissance Technologies LLC raised its holdings in shares of Vinci Compass Investments by 12.2% in the 1st 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 increased its stake 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 buying an additional 34,553 shares during the period. 34.07% of the stock is currently owned by institutional investors and hedge funds.

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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