Vinci Compass Investments (NASDAQ:VINP) Trading 1.6% Higher - Here's Why

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%.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on VINP shares. 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 note on Wednesday, July 16th. Wall Street Zen upgraded shares of 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 cap of $639.22 million, a price-to-earnings ratio of 25.59 and a beta of 0.10. The company has a debt-to-equity ratio of 0.47, a current ratio of 8.31 and a quick ratio of 8.31. The stock's 50-day moving average is $9.65 and its 200-day moving average is $9.82.

Vinci Compass Investments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Tuesday, May 27th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.01%. The ex-dividend date was Tuesday, May 27th. Vinci Compass Investments's dividend payout ratio (DPR) is 153.85%.

Hedge Funds Weigh In On Vinci Compass Investments

Institutional investors have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC purchased a new stake in Vinci Compass Investments in the 4th quarter valued at about $104,000. Public Employees Retirement System of Ohio grew its holdings in Vinci Compass Investments by 176.1% in 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. Nuveen LLC acquired a new position in Vinci Compass Investments during the first quarter worth approximately $163,000. Trexquant Investment LP purchased a new position in Vinci Compass Investments during the fourth quarter worth approximately $233,000. Finally, Northern Trust Corp boosted its holdings in shares of Vinci Compass Investments by 259.4% in the 4th quarter. Northern Trust Corp now owns 78,269 shares of the company's stock valued at $788,000 after purchasing an additional 56,489 shares during the last quarter. 34.07% of the stock is currently 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.

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