Vinci Partners Investments (NASDAQ:VINP) Posts Earnings Results, Misses Expectations By $0.02 EPS

Vinci Partners Investments (NASDAQ:VINP - Get Free Report) announced its quarterly earnings results on Monday. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.02), Zacks reports. Vinci Partners Investments had a net margin of 37.79% and a return on equity of 15.00%. The company had revenue of $40.03 million during the quarter, compared to analysts' expectations of $26.47 million.

Vinci Partners Investments Price Performance

Shares of Vinci Partners Investments stock traded down $0.10 on Friday, hitting $9.98. The company's stock had a trading volume of 111,390 shares, compared to its average volume of 70,915. The company has a market capitalization of $536.71 million, a P/E ratio of 16.10 and a beta of 0.09. Vinci Partners Investments has a 52-week low of $8.66 and a 52-week high of $11.62. The firm has a fifty day moving average price of $9.77 and a 200-day moving average price of $10.03. The company has a quick ratio of 12.68, a current ratio of 12.68 and a debt-to-equity ratio of 0.51.

Vinci Partners Investments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Tuesday, May 27th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.01%. The ex-dividend date of this dividend is Tuesday, May 27th. Vinci Partners Investments's dividend payout ratio (DPR) is 153.85%.

Hedge Funds Weigh In On Vinci Partners Investments

A hedge fund recently raised its stake in Vinci Partners Investments stock. Goldman Sachs Group Inc. increased its stake in shares of Vinci Partners Investments Ltd. (NASDAQ:VINP - Free Report) by 266.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 172,866 shares of the company's stock after purchasing an additional 125,711 shares during the period. Goldman Sachs Group Inc. owned 0.32% of Vinci Partners Investments worth $1,749,000 as of its most recent SEC filing. 34.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. dropped their target price on shares of Vinci Partners Investments from $15.00 to $13.50 and set an "overweight" rating for the company in a report on Tuesday, April 29th.

Vinci Partners 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.