Vinci Compass Investments (NASDAQ:VINP) Given New $13.00 Price Target at UBS Group

Key Points

• The price target for Vinci Compass Investments (NASDAQ: VINP) has been raised by UBS Group from $12.00 to $13.00, indicating a potential upside of 20.26% from its previous close.
• Currently, three analysts have rated VINP with a Buy rating, while one has given it a Hold rating, with a consensus target price of $13.33.
• Vinci Compass Investments experienced a 1.9% increase in stock price, reaching $10.81, with a market cap of $692.38 million.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) had its price objective lifted by equities research analysts at UBS Group from $12.00 to $13.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has a "buy" rating on the stock. UBS Group's target price would suggest a potential upside of 20.26% from the stock's previous close.

A number of other research firms also recently commented on VINP. Weiss Ratings reiterated a "hold (c)" rating on shares of Vinci Compass Investments in a research note on Saturday, September 27th. JPMorgan Chase & Co. upped their price target on shares of Vinci Compass Investments from $13.50 to $14.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $13.33.

Vinci Compass Investments Stock Up 1.9%

VINP traded up $0.20 during trading hours on Wednesday, hitting $10.81. 29,254 shares of the company's stock were exchanged, compared to its average volume of 46,956. Vinci Compass Investments has a 12-month low of $8.66 and a 12-month high of $10.99. The firm has a 50 day moving average of $10.14 and a 200 day moving average of $9.84. The firm has a market cap of $692.38 million, a P/E ratio of 23.00 and a beta of 0.12. The company has a current ratio of 7.84, a quick ratio of 7.84 and a debt-to-equity ratio of 0.44.

Institutional Trading of Vinci Compass Investments

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VINP. Nomura Asset Management Co. Ltd. acquired a new position in Vinci Compass Investments during the second quarter worth $31,000. Russell Investments Group Ltd. purchased a new position in Vinci Compass Investments in the second quarter valued at about $123,000. Nuveen LLC acquired a new stake in shares of Vinci Compass Investments in the first quarter valued at approximately $163,000. R Squared Ltd bought a new position in shares of Vinci Compass Investments in the second quarter valued at approximately $281,000. Finally, Goldman Sachs Group Inc. lifted its position in Vinci Compass Investments by 266.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 172,866 shares of the company's stock worth $1,749,000 after buying an additional 125,711 shares in the last quarter. Institutional investors and hedge funds own 34.07% of the company's stock.

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.

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