Vinci Compass Investments (NASDAQ:VINP) Announces Earnings Results

Key Points

• Vinci Compass Investments reported earnings of $0.21 per share for the quarter, exceeding the consensus estimate by $0.01.
• The stock price increased by 3.0%, closing at $9.82, amidst an average trading volume of 74,727 shares.
• Analysts have raised their target price for Vinci Compass Investments, with JPMorgan Chase increasing it from $13.50 to $14.00, rating the stock as "overweight".

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.01, Zacks reports. Vinci Compass Investments had a return on equity of 14.21% and a net margin of 20.11%. The company had revenue of $42.55 million during the quarter, compared to the consensus estimate of $43.67 million.

Vinci Compass Investments Stock Down 1.6%

Shares of NASDAQ VINP traded down $0.17 during mid-day trading on Friday, reaching $10.16. 28,599 shares of the company traded hands, compared to its average volume of 49,479. The stock has a market cap of $650.71 million, a PE ratio of 21.62 and a beta of 0.10. The company's fifty day moving average is $9.66 and its two-hundred day moving average is $9.81. The company has a debt-to-equity ratio of 0.44, a quick ratio of 8.31 and a current ratio of 7.84. Vinci Compass Investments has a fifty-two week low of $8.66 and a fifty-two week high of $11.46.

Vinci Compass Investments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, August 25th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.9%. Vinci Compass Investments's dividend payout ratio is currently 127.66%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on VINP shares. Wall Street Zen raised Vinci Compass Investments from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. increased their price objective on Vinci Compass Investments from $13.50 to $14.00 and gave the company an "overweight" rating in a report on Wednesday, July 16th.

Institutional Trading of Vinci Compass Investments

An institutional investor recently bought a new position in Vinci Compass Investments stock. Russell Investments Group Ltd. acquired a new stake in Vinci Compass Investments Ltd. (NASDAQ:VINP - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 12,953 shares of the company's stock, valued at approximately $123,000. 34.07% of the stock is owned by institutional investors and hedge funds.

Vinci Compass Investments Company Profile

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.