Vinci Compass Investments Ltd. (NASDAQ:VINP – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday. The company traded as low as $9.13 and last traded at $9.21, with a volume of 7277 shares trading hands. The stock had previously closed at $9.30.
Analysts Set New Price Targets
Several equities research analysts recently commented on the company. JPMorgan Chase & Co. decreased their target price on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a research note on Thursday, September 10th. Zacks Research cut Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vinci Compass Investments in a research report on Friday, September 11th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $13.50.
Read Our Latest Analysis on VINP
Vinci Compass Investments Stock Performance
Vinci Compass Investments (NASDAQ:VINP – Get Free Report) last announced its quarterly earnings results 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). Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%.The firm had revenue of $54.05 million during the quarter, compared to the consensus estimate of $56.12 million. Equities research analysts predict that Vinci Compass Investments Ltd. will post 0.8 earnings per share for the current fiscal year.
Vinci Compass Investments Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio (DPR) is currently 97.14%.
Institutional Trading of Vinci Compass Investments
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Endure Capital Management LLC bought a new position in shares of Vinci Compass Investments in the first quarter valued at $3,531,000. SPX Gestao de Recursos Ltda increased its position in shares of Vinci Compass Investments by 16.8% during the first quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock worth $49,291,000 after acquiring an additional 671,448 shares in the last quarter. Rockefeller Capital Management L.P. acquired a new stake in shares of Vinci Compass Investments in the 4th quarter worth about $1,324,000. Engineers Gate Manager LP raised its holdings in shares of Vinci Compass Investments by 46.0% in the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after acquiring an additional 5,129 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Vinci Compass Investments in the 2nd quarter worth about $54,000. Institutional investors own 34.07% of the company’s stock.
Vinci Compass Investments Company Profile
Vinci Compass Investments Ltd., formerly known as Vinci Partners Investments Ltd. (NASDAQ: VINP), is an alternative investment platform focused primarily on Brazil and Latin America. The company was founded in 2009 and is headquartered in Rio de Janeiro, Brazil.
The firm provides investment management and advisory services across a range of alternative asset classes. Its offerings include private equity, infrastructure, credit, real estate, public equities, hedge funds and other investment strategies.
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