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

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.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) shares gapped down before the market opened 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 traded.

Analyst Upgrades and Downgrades

Several equities analysts have commented on VINP shares. JPMorgan Chase & Co. increased their price target 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 upgraded Vinci Compass Investments from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd.

Vinci Compass Investments Stock Performance

The stock has a market capitalization of $655.87 million, a P/E ratio of 21.79 and a beta of 0.10. The stock has a 50 day moving average of $9.66 and a 200 day moving average of $9.80. The company has a debt-to-equity ratio of 0.44, a quick ratio of 7.84 and a current ratio of 7.84.

Vinci Compass Investments Dividend Announcement

The business also recently announced 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. This represents a $0.60 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, August 25th. Vinci Compass Investments's dividend payout ratio is currently 127.66%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Nomura Asset Management Co. Ltd. acquired a new position in Vinci Compass Investments in the 2nd quarter worth about $31,000. Public Employees Retirement System of Ohio boosted its stake 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 valued at $125,000 after purchasing an additional 7,926 shares during the period. Russell Investments Group Ltd. bought a new stake in Vinci Compass Investments during the 2nd quarter valued at approximately $123,000. Nuveen LLC bought a new stake in Vinci Compass Investments during the 1st quarter valued at approximately $163,000. Finally, R Squared Ltd bought a new stake in shares of Vinci Compass Investments in the 2nd quarter worth approximately $281,000. 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.