Vinci Partners Investments (NASDAQ:VINP) Stock Price Down 1.5% - Should You Sell?

Vinci Partners Investments Ltd. (NASDAQ:VINP - Get Free Report)'s stock price traded down 1.5% on Monday . The company traded as low as $9.57 and last traded at $9.62. 40,644 shares changed hands during trading, a decline of 44% from the average session volume of 72,579 shares. The stock had previously closed at $9.77.

Analyst Upgrades and Downgrades

Several brokerages have commented on VINP. Wall Street Zen raised shares of Vinci Partners Investments from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. dropped their price objective on shares of Vinci Partners Investments from $15.00 to $13.50 and set an "overweight" rating on the stock in a research note on Tuesday, April 29th.

Vinci Partners Investments Trading Down 1.5%

The company has a market capitalization of $616.16 million, a price-to-earnings ratio of 24.67 and a beta of 0.10. The business's 50 day simple moving average is $9.71 and its 200 day simple moving average is $9.84. The company has a debt-to-equity ratio of 0.47, a current ratio of 8.31 and a quick ratio of 8.31.

Vinci Partners Investments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Tuesday, May 27th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.24%. The ex-dividend date was Tuesday, May 27th. Vinci Partners Investments's payout ratio is 153.85%.

Institutional Trading of Vinci Partners Investments

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Commonwealth Equity Services LLC purchased a new stake in Vinci Partners Investments during the fourth quarter worth about $104,000. Public Employees Retirement System of Ohio increased its stake in 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 period. Nuveen LLC purchased a new stake in Vinci Partners Investments during the 1st quarter worth $163,000. Trexquant Investment LP bought a new stake in shares of Vinci Partners Investments in the 4th quarter worth about $233,000. Finally, Northern Trust Corp boosted its holdings in shares of Vinci Partners 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 buying an additional 56,489 shares during the period. Hedge funds and other institutional investors own 34.07% of the company's stock.

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.

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