Vinci Compass Investments (NASDAQ:VINP) Stock Price Down 3.1% - Here's What Happened

Key Points

• VINP shares fell 3.1% to $9.39, with trading volume 59% above the average session volume.
• Weiss Ratings downgraded the stock from “buy” to “hold,” although analysts’ overall consensus remains “Moderate Buy” with a $14.00 price target.
• The company pays a quarterly dividend of $0.17 per share, equating to a 7.2% annualized yield; however, its 97.14% payout ratio is relatively high.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) shares were down 3.1% during trading on Wednesday . The company traded as low as $9.36 and last traded at $9.39. 71,401 shares were traded during mid-day trading, an increase of 59% from the average session volume of 44,787 shares. The stock had previously closed at $9.69.

Analysts Set New Price Targets

Separately, Weiss Ratings cut Vinci Compass Investments from a "buy (b-)" rating to a "hold (c)" rating in a report on Tuesday, June 16th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $14.00.

Vinci Compass Investments Stock Performance

The stock has a 50 day moving average price of $9.71 and a two-hundred day moving average price of $10.26. The company has a current ratio of 3.58, a quick ratio of 3.58 and a debt-to-equity ratio of 0.38. The company has a market cap of $614.29 million, a price-to-earnings ratio of 13.41 and a beta of 0.29.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.21 by ($0.02). The company 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%. Analysts predict that Vinci Compass Investments Ltd. will post 0.9 EPS for the current year.

Vinci Compass Investments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 7.2%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments's payout ratio is presently 97.14%.

Insider Activity

In related news, insider Augusto Zaremba sold 3,496 shares of the stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $10.54, for a total value of $36,847.84. Following the sale, the insider directly owned 1,062,179 shares in the company, valued at $11,195,366.66. This trade represents a 0.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fernando Lovisotto sold 11,818 shares of Vinci Compass Investments stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $10.33, for a total transaction of $122,079.94. Following the transaction, the insider directly owned 989,231 shares in the company, valued at $10,218,756.23. The trade was a 1.18% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 72,024 shares of company stock valued at $717,603 in the last ninety days. 49.31% of the stock is owned by insiders.

Institutional Trading of Vinci Compass Investments

Large investors have recently made changes to their positions in the company. Geode Capital Management LLC raised its stake in Vinci Compass Investments by 6.7% during the 4th quarter. Geode Capital Management LLC now owns 30,116 shares of the company's stock worth $393,000 after buying an additional 1,896 shares during the period. Van ECK Associates Corp grew its stake in Vinci Compass Investments by 16.6% in the third quarter. Van ECK Associates Corp now owns 15,055 shares of the company's stock valued at $162,000 after acquiring an additional 2,138 shares during the period. Mondrian Investment Partners LTD bought a new stake in shares of Vinci Compass Investments in the fourth quarter worth about $37,000. R Squared Ltd increased its holdings in shares of Vinci Compass Investments by 6.4% in the first quarter. R Squared Ltd now owns 52,686 shares of the company's stock worth $556,000 after acquiring an additional 3,153 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Vinci Compass Investments by 4.9% during the fourth quarter. Renaissance Technologies LLC now owns 75,636 shares of the company's stock worth $986,000 after purchasing an additional 3,504 shares during the period. Institutional investors own 34.07% of the company's stock.

About Vinci Compass Investments

Vinci Partners Investments Ltd. operates as an asset management firm in Brazil. The company focuses on private markets, liquid strategies, investment products and solutions, and retirement services. It offers private equity, infrastructure, real estate, credit, special situations, equities, hedge funds, and investment products and solutions comprising portfolio and management services. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.

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