Vinci Compass Investments (NASDAQ:VINP) Shares Down 3.1% – What’s Next?

Shares of Vinci Compass Investments Ltd. (NASDAQ:VINP) dropped 3.1% during mid-day trading on Wednesday . The company traded as low as $9.36 and last traded at $9.39. Approximately 71,401 shares changed hands during trading, an increase of 59% from the average daily volume of 44,787 shares. The stock had previously closed at $9.69.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Weiss Ratings lowered Vinci Compass Investments from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday, June 16th. JPMorgan Chase & Co. decreased their price objective on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a research report on Thursday. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.50.

Vinci Compass Investments Price Performance

The company’s 50-day simple moving average is $9.71 and its 200 day simple moving average is $10.24. The company has a market capitalization of $617.56 million, a P/E ratio of 13.49 and a beta of 0.29. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38.

Vinci Compass Investments (NASDAQ:VINP) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.02). The business had revenue of $54.05 million during the quarter, compared to analyst estimates of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. As a group, sell-side analysts expect that Vinci Compass Investments Ltd. will post 0.9 earnings per share for the current fiscal year.

Vinci Compass Investments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were 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 was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio is 97.14%.

Insider Activity

In related news, insider Augusto Zaremba sold 3,496 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $10.54, for a total value of $36,847.84. Following the completion of the sale, the insider directly owned 1,062,179 shares in the company, valued at approximately $11,195,366.66. The trade was a 0.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fernando Lovisotto sold 11,818 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $10.33, for a total value of $122,079.94. Following the sale, the insider directly owned 989,231 shares of the company’s stock, valued at $10,218,756.23. The trade was a 1.18% 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 quarter, insiders have sold 67,272 shares of company stock valued at $671,461. Insiders own 49.31% of the company’s stock.

Hedge Funds Weigh In On Vinci Compass Investments

Institutional investors have recently modified their holdings of the company. Mondrian Investment Partners LTD acquired a new stake in shares of Vinci Compass Investments in the fourth quarter worth $37,000. Public Employees Retirement System of Ohio acquired a new position in Vinci Compass Investments in the 2nd quarter valued at $54,000. XTX Topco Ltd acquired a new position in Vinci Compass Investments in the 4th quarter valued at $163,000. Russell Investments Group Ltd. bought a new position in Vinci Compass Investments in the 2nd quarter worth $123,000. Finally, Citadel Advisors LLC bought a new position in Vinci Compass Investments in the 3rd quarter worth $159,000. Institutional investors own 34.07% of the company’s stock.

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. 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.