Vinci Compass Investments (NASDAQ:VINP) Trading 1.6% Higher - Still a Buy?

Key Points

• Vinci Compass Investments Ltd. (NASDAQ: VINP) saw a 1.6% increase in stock price during trading, reaching a high of $10.18 before closing at $9.98, with trading volume up 24% from average levels.
• JPMorgan raised their price target for VINP shares from $13.50 to $14.00 and rated it "overweight," while Wall Street Zen upgraded the stock from "sell" to "hold."
• Vinci Compass Investments declared a quarterly dividend of $0.15 per share, which translates to a yield of 6.01%, despite a high dividend payout ratio of 153.85%.

Shares of Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) rose 1.6% during trading on Tuesday . The stock traded as high as $10.18 and last traded at $9.98. Approximately 61,858 shares changed hands during trading, an increase of 24% from the average daily volume of 49,955 shares. The stock had previously closed at $9.82.

Wall Street Analysts Forecast Growth

VINP has been the topic of several recent analyst reports. Wall Street Zen raised shares of Vinci Compass Investments from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. increased their price objective on shares of Vinci Compass Investments from $13.50 to $14.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 16th.

Vinci Compass Investments Stock Performance

The business's fifty day moving average is $9.64 and its two-hundred day moving average is $9.82. The company has a quick ratio of 8.31, a current ratio of 8.31 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $607.19 million, a PE ratio of 24.31 and a beta of 0.10.

Vinci Compass Investments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Tuesday, May 27th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend was Tuesday, May 27th. Vinci Compass Investments's payout ratio is currently 153.85%.

Institutional Trading of Vinci Compass Investments

A number of large investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio boosted its stake in shares of Vinci Compass Investments by 176.1% during the fourth 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. Commonwealth Equity Services LLC bought a new stake in shares of Vinci Compass Investments in the fourth quarter valued at about $104,000. Nuveen LLC bought a new stake in shares of Vinci Compass Investments in the first quarter valued at about $163,000. Trexquant Investment LP bought a new stake in shares of Vinci Compass Investments in the fourth quarter valued at about $233,000. Finally, R Squared Ltd bought a new stake in shares of Vinci Compass Investments in the second quarter valued at about $281,000. 34.07% of the stock is owned by hedge funds and other institutional investors.

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.