Sergio Passos Ribeiro Sells 976 Shares of Vinci Compass Investments (NASDAQ:VINP) Stock

Key Points

• CFO Sergio Passos Ribeiro sold a total of 17,781 shares of VINP between April 21 and May 5 (including 976 shares on May 5) under a pre-arranged Rule 10b5-1 plan, generating approximately $196,400 in proceeds and leaving him with 297,350 shares (valued ~ $3.24M), a 0.33% reduction in his ownership.
• Vinci Compass recently raised its quarterly dividend to $0.17 (annualized $0.68), yielding about 6.1%, but with a dividend payout ratio of 111.48%, which may raise sustainability concerns.
• Analyst sentiment is mixed-to-positive with an average rating of “Moderate Buy” and an average price target of $14.00; JPMorgan raised its target to $15 and maintains an overweight view.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) CFO Sergio Passos Ribeiro sold 976 shares of the company's stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $10.90, for a total transaction of $10,638.40. Following the completion of the transaction, the chief financial officer owned 297,350 shares of the company's stock, valued at approximately $3,241,115. The trade was a 0.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sergio Passos Ribeiro also recently made the following trade(s):

• On Monday, May 4th, Sergio Passos Ribeiro sold 1,258 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.82, for a total transaction of $13,611.56.
• On Friday, May 1st, Sergio Passos Ribeiro sold 697 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.97, for a total transaction of $7,646.09.
• On Thursday, April 30th, Sergio Passos Ribeiro sold 1,795 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.93, for a total value of $19,619.35.
• On Wednesday, April 29th, Sergio Passos Ribeiro sold 1,527 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.81, for a total value of $16,506.87.
• On Tuesday, April 28th, Sergio Passos Ribeiro sold 997 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.93, for a total value of $10,897.21.
• On Monday, April 27th, Sergio Passos Ribeiro sold 3,125 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.02, for a total value of $34,437.50.
• On Friday, April 24th, Sergio Passos Ribeiro sold 2,143 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.42, for a total value of $24,473.06.
• On Thursday, April 23rd, Sergio Passos Ribeiro sold 2,327 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.16, for a total value of $25,969.32.
• On Wednesday, April 22nd, Sergio Passos Ribeiro sold 2,064 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.07, for a total value of $22,848.48.
• On Tuesday, April 21st, Sergio Passos Ribeiro sold 872 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.21, for a total value of $9,775.12.

Vinci Compass Investments Price Performance

VINP traded up $0.21 during trading on Wednesday, reaching $11.12. 40,800 shares of the company traded hands, compared to its average volume of 78,603. The company has a market cap of $727.47 million, a P/E ratio of 18.23 and a beta of 0.30. The company has a debt-to-equity ratio of 0.49, a quick ratio of 5.13 and a current ratio of 5.13. Vinci Compass Investments Ltd. has a 12-month low of $9.20 and a 12-month high of $13.61. The firm has a fifty day simple moving average of $10.94 and a 200 day simple moving average of $11.88.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last issued its earnings results on Thursday, March 5th. The company reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by ($0.01). The company had revenue of $47.19 million for the quarter, compared to the consensus estimate of $51.84 million. Vinci Compass Investments had a return on equity of 14.24% and a net margin of 22.89%. On average, equities analysts forecast that Vinci Compass Investments Ltd. will post 0.89 EPS for the current year.

Vinci Compass Investments Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Investors of record on Thursday, March 19th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, March 19th. This is a boost from Vinci Compass Investments's previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a yield of 6.1%. Vinci Compass Investments's dividend payout ratio is currently 111.48%.

Institutional Investors Weigh In On Vinci Compass Investments

Several institutional investors have recently modified their holdings of VINP. SPX Gestao de Recursos Ltda increased its position in shares of Vinci Compass Investments by 7.4% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 4,038,396 shares of the company's stock valued at $43,413,000 after purchasing an additional 278,612 shares during the last quarter. Mirabella Financial Services LLP bought a new stake in Vinci Compass Investments in the third quarter worth $1,053,000. R Squared Ltd boosted its stake in Vinci Compass Investments by 54.2% during the third quarter. R Squared Ltd now owns 44,801 shares of the company's stock worth $482,000 after buying an additional 15,747 shares during the period. Citadel Advisors LLC purchased a new position in Vinci Compass Investments during the third quarter worth $159,000. Finally, Russell Investments Group Ltd. bought a new position in Vinci Compass Investments during the second quarter valued at $123,000. 34.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

VINP has been the topic of several recent research reports. JPMorgan Chase & Co. upped their price objective on Vinci Compass Investments from $14.00 to $15.00 and gave the stock an "overweight" rating in a report on Monday, February 2nd. Wall Street Zen cut shares of Vinci Compass Investments from a "buy" rating to a "hold" rating in a research report on Saturday, March 7th. Weiss Ratings downgraded shares of Vinci Compass Investments from a "hold (c+)" rating to a "hold (c)" rating in a research note on Monday. Finally, Zacks Research upgraded shares of Vinci Compass Investments to a "hold" rating in a research report on Thursday, April 16th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $14.00.

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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