Vinci Compass Investments (NASDAQ:VINP) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Vinci Compass Investments (NASDAQ:VINP) issued its quarterly earnings results on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.02), Zacks reports. The firm had revenue of $54.05 million for the quarter, compared to the consensus estimate of $56.12 million. Vinci Compass Investments had a net margin of 26.75% and a return on equity of 13.73%.

Vinci Compass Investments Trading Down 4.1%

Vinci Compass Investments stock traded down $0.41 during mid-day trading on Wednesday, hitting $9.49. The stock had a trading volume of 53,451 shares, compared to its average volume of 68,569. The stock has a 50-day simple moving average of $9.80 and a two-hundred day simple moving average of $10.70. The stock has a market capitalization of $620.85 million, a PE ratio of 12.82 and a beta of 0.30. Vinci Compass Investments has a 12 month low of $9.22 and a 12 month high of $13.61. The company has a current ratio of 5.08, a quick ratio of 5.08 and a debt-to-equity ratio of 0.46.

Vinci Compass Investments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend is Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio is 91.89%.

Trending Headlines about Vinci Compass Investments

Here are the key news stories impacting Vinci Compass Investments this week:

• Positive Sentiment: Acquisition expands real estate platform: Vinci Compass announced an agreement to acquire Navi Capital’s real estate platform. The deal could broaden the company’s alternative-investment capabilities and assets under management, although financial terms and integration risks remain important for investors to assess. Vinci Compass second-quarter earnings and Navi platform acquisition
• Positive Sentiment: Attractive dividend announced: Vinci Compass declared a quarterly dividend of $0.17 per share, payable September 9 to shareholders of record August 25. The stated annualized yield is approximately 7.2%, which may appeal to income-focused investors. The August 25 ex-dividend date could also result in a mechanical share-price adjustment. Vinci Compass dividend announcement
• Neutral Sentiment: Financial position remains solid: The company reported a 26.75% net margin and 13.73% return on equity, while its current and quick ratios were both 5.08 and debt-to-equity was 0.46. These figures indicate substantial liquidity and moderate leverage, though they did not offset the quarterly earnings miss.
• Negative Sentiment: Q2 results missed expectations: Earnings were $0.19 per share versus the consensus estimate of $0.21, or $0.23 according to Zacks, and declined from $0.22 a year earlier. Revenue of $54.05 million also fell short of the $56.12 million consensus forecast. The combination of weaker earnings and revenue likely explains the recent decline in VINP and keeps attention on whether the Navi acquisition can improve future growth. Vinci Compass misses second-quarter earnings and revenue estimates

Insiders Place Their Bets

In other news, insider Fernando Lovisotto sold 11,818 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $10.33, for a total value of $122,079.94. Following the transaction, the insider owned 989,231 shares of the company’s stock, valued at approximately $10,218,756.23. This trade represents a 1.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Sergio Passos Ribeiro sold 5,626 shares of Vinci Compass Investments stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $9.59, for a total transaction of $53,953.34. Following the sale, the chief financial officer owned 180,250 shares of the company’s stock, valued at approximately $1,728,597.50. This represents a 3.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 175,722 shares of company stock valued at $1,757,330. 49.31% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Vinci Compass Investments

Several large investors have recently bought and sold shares of the business. Marshall Wace LLP grew its holdings in Vinci Compass Investments by 48.4% during the 4th quarter. Marshall Wace LLP now owns 79,760 shares of the company’s stock worth $1,040,000 after acquiring an additional 26,013 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Vinci Compass Investments in the 4th quarter valued at $445,000. Renaissance Technologies LLC lifted its stake in shares of Vinci Compass Investments by 4.9% in the 4th quarter. Renaissance Technologies LLC now owns 75,636 shares of the company’s stock valued at $986,000 after purchasing an additional 3,504 shares during the period. Geode Capital Management LLC boosted its position in shares of Vinci Compass Investments by 6.7% in the 4th quarter. Geode Capital Management LLC now owns 30,116 shares of the company’s stock worth $393,000 after purchasing an additional 1,896 shares during the last quarter. Finally, National Bank of Canada FI boosted its position in shares of Vinci Compass Investments by 46.3% in the 3rd quarter. National Bank of Canada FI now owns 35,559 shares of the company’s stock worth $382,000 after purchasing an additional 11,261 shares during the last quarter. 34.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have issued reports on VINP. Zacks Research raised shares of Vinci Compass Investments to a “hold” rating in a report on Thursday, April 16th. Weiss Ratings lowered Vinci Compass Investments from a “buy (b-)” rating to a “hold (c)” rating in a research note on Tuesday, June 16th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $14.00.

About Vinci Compass 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. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.