Vinci Compass Investments Ltd. (NASDAQ:VINP) Short Interest Down 41.0% in July

Key Points

• Short interest in Vinci Compass Investments Ltd. (NASDAQ: VINP) dropped by 41.0% from 180,600 to 106,600 shares as of July 31st.
• Goldman Sachs Group Inc. significantly increased its stake in VINP by 266.6%, owning 172,866 shares after purchasing an additional 125,711 shares.
• The company announced a quarterly dividend of $0.15 per share, which reflects a 5.9% yield and a payout ratio of 127.66%.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 106,600 shares, adropof41.0% from the July 15th total of 180,600 shares. Based on an average trading volume of 51,400 shares, the days-to-cover ratio is currently 2.1 days. Approximately0.4% of the company's shares are short sold. Approximately0.4% of the company's shares are short sold. Based on an average trading volume of 51,400 shares, the days-to-cover ratio is currently 2.1 days.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of Vinci Compass Investments from $13.50 to $14.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Wall Street Zen raised shares of Vinci Compass Investments from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Vinci Compass Investments currently has an average rating of "Buy" and a consensus price target of $13.50.

Vinci Compass Investments Trading Up 3.3%

NASDAQ:VINP traded up $0.32 during trading hours on Friday, hitting $10.10. The stock had a trading volume of 53,207 shares, compared to its average volume of 41,414. Vinci Compass Investments has a one year low of $8.66 and a one year high of $11.21. The company has a debt-to-equity ratio of 0.44, a quick ratio of 7.84 and a current ratio of 7.84. The company has a market cap of $646.91 million, a price-to-earnings ratio of 21.49 and a beta of 0.10. The business's 50 day moving average is $9.71 and its 200-day moving average is $9.80.

Vinci Compass Investments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Monday, August 25th. Vinci Compass Investments's dividend payout ratio is presently 127.66%.

Institutional Investors Weigh In On Vinci Compass Investments

Large investors have recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. bought a new stake in Vinci Compass Investments in the second quarter valued at approximately $31,000. Russell Investments Group Ltd. bought a new stake in Vinci Compass Investments in the second quarter valued at approximately $123,000. Public Employees Retirement System of Ohio increased its stake in Vinci Compass Investments by 176.1% in the fourth quarter. Public Employees Retirement System of Ohio now owns 12,426 shares of the company's stock valued at $125,000 after purchasing an additional 7,926 shares in the last quarter. Nuveen LLC bought a new stake in Vinci Compass Investments in the first quarter valued at approximately $163,000. Finally, R Squared Ltd bought a new stake in Vinci Compass Investments in the second quarter valued at approximately $281,000. 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.