Vinci Partners Investments (NASDAQ:VINP) Shares Gap Down - Time to Sell?

Shares of Vinci Partners Investments Ltd. (NASDAQ:VINP - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $9.58, but opened at $9.23. Vinci Partners Investments shares last traded at $9.51, with a volume of 1,135 shares trading hands.

Wall Street Analysts Forecast Growth

A number of analysts have commented on VINP shares. Wall Street Zen upgraded shares of Vinci Partners Investments from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. cut their price target on shares of Vinci Partners Investments from $15.00 to $13.50 and set an "overweight" rating for the company in a research note on Tuesday, April 29th.

Vinci Partners Investments Trading Down 1.5%

The stock has a market cap of $604.63 million, a price-to-earnings ratio of 24.21 and a beta of 0.10. 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 business's 50 day simple moving average is $9.70 and its 200 day simple moving average is $9.83.

Vinci Partners Investments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Tuesday, May 27th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.36%. The ex-dividend date was Tuesday, May 27th. Vinci Partners Investments's dividend payout ratio is currently 153.85%.

Institutional Trading of Vinci Partners Investments

A number of hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its stake in shares of Vinci Partners Investments by 266.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 172,866 shares of the company's stock worth $1,749,000 after buying an additional 125,711 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Vinci Partners Investments during the 1st quarter worth about $163,000. Public Employees Retirement System of Ohio lifted its stake in shares of Vinci Partners 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 buying an additional 7,926 shares during the last quarter. Driehaus Capital Management LLC raised its stake in Vinci Partners Investments by 71.1% in the 4th quarter. Driehaus Capital Management LLC now owns 263,726 shares of the company's stock worth $2,656,000 after purchasing an additional 109,568 shares in the last quarter. Finally, Castalian Partners LLC acquired a new stake in Vinci Partners Investments in the 4th quarter worth about $1,259,000. Institutional investors and hedge funds own 34.07% of the company's stock.

About Vinci Partners 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.