Vinci Compass Investments Ltd. Declares Quarterly Dividend of $0.15 (NASDAQ:VINP)

Key Points

• Vinci Compass Investments Ltd. has declared a quarterly dividend of $0.15 per share, with an annual yield of 6.0%, payable on September 9th to investors recorded on August 25th.
• The company maintains a payout ratio of 68.2%, indicating that its dividend is well-covered by earnings, and expects to earn $0.72 per share next year.
• Institutional investors own 34.07% of Vinci Compass Investments' stock, with recent purchases indicating strong interest from hedge funds and asset management firms.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) declared a quarterly dividend on Wednesday, August 13th, Wall Street Journal reports. Investors of record on Monday, August 25th will be given a dividend of 0.15 per share on Tuesday, September 9th. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Monday, August 25th.

Vinci Compass Investments has a payout ratio of 68.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Vinci Compass Investments to earn $0.72 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 83.3%.

Vinci Compass Investments Stock Up 2.6%

Vinci Compass Investments stock traded up $0.26 during trading hours on Wednesday, hitting $10.08. 69,776 shares of the stock traded hands, compared to its average volume of 68,634. Vinci Compass Investments has a one year low of $8.66 and a one year high of $11.46. The firm's 50-day moving average price is $9.62 and its two-hundred day moving average price is $9.81. The company has a current ratio of 8.31, a quick ratio of 8.31 and a debt-to-equity ratio of 0.47. The company has a market cap of $645.62 million, a PE ratio of 25.85 and a beta of 0.10.

Hedge Funds Weigh In On Vinci Compass Investments

Institutional investors and hedge funds have recently modified their holdings of the stock. Nomura Asset Management Co. Ltd. purchased a new stake in Vinci Compass Investments during the 2nd quarter valued at about $31,000. Public Employees Retirement System of Ohio raised its holdings 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 worth $125,000 after buying an additional 7,926 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in Vinci Compass Investments in the second quarter worth about $123,000. Nuveen LLC purchased a new position in Vinci Compass Investments in the first quarter worth about $163,000. Finally, R Squared Ltd purchased a new position in Vinci Compass Investments in the second quarter worth about $281,000. 34.07% of the stock is currently owned by institutional investors.

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.

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