Vinci Compass Investments (NASDAQ:VINP) Shares Gap Down - Here's Why

Key Points

• Vinci Compass Investments' shares gapped down before trading, opening at $9.29 after a previous close of $9.82, and last traded at $9.83 with a volume of 7,182 shares.
• Wall Street analysts have shifted their outlook, with JPMorgan Chase upgrading the stock's price objective from $13.50 to $14.00 and changing its rating to "overweight."
• Institutional investors currently hold 34.07% of Vinci Compass Investments' stock, with notable recent investments from various hedge funds increasing their positions.

Shares of Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $9.82, but opened at $9.29. Vinci Compass Investments shares last traded at $9.83, with a volume of 7,182 shares changing hands.

Wall Street Analysts Forecast Growth

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

Vinci Compass Investments Stock Performance

The stock has a 50 day moving average price of $9.62 and a two-hundred day moving average price of $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 $634.42 million, a price-to-earnings ratio of 25.23 and a beta of 0.10.

Institutional Trading of Vinci Compass Investments

Several hedge funds have recently added to or reduced their stakes in VINP. Nomura Asset Management Co. Ltd. bought a new position in Vinci Compass Investments during the 2nd quarter worth about $31,000. Public Employees Retirement System of Ohio increased its holdings in Vinci Compass Investments by 176.1% during the 4th quarter. Public Employees Retirement System of Ohio now owns 12,426 shares of the company's stock worth $125,000 after purchasing an additional 7,926 shares in the last quarter. Russell Investments Group Ltd. bought a new position in Vinci Compass Investments during the 2nd quarter worth about $123,000. Nuveen LLC bought a new position in Vinci Compass Investments during the 1st quarter worth about $163,000. Finally, R Squared Ltd bought a new position in Vinci Compass Investments during the 2nd quarter worth about $281,000. Institutional investors and hedge funds 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.

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