143,124 Shares in Vine Hill Capital Investment Corp. $VCIC Purchased by Lineage Point Capital LP

Lineage Point Capital LP purchased a new position in Vine Hill Capital Investment Corp. (NASDAQ:VCIC) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 143,124 shares of the company’s stock, valued at approximately $1,541,000.

Several other large investors also recently added to or reduced their stakes in VCIC. Linden Advisors LP increased its stake in Vine Hill Capital Investment by 97.3% in the 3rd quarter. Linden Advisors LP now owns 888,000 shares of the company’s stock worth $9,510,000 after acquiring an additional 438,000 shares during the last quarter. Harraden Circle Investments LLC bought a new stake in shares of Vine Hill Capital Investment during the 3rd quarter worth $11,549,000. Radcliffe Capital Management L.P. lifted its stake in Vine Hill Capital Investment by 350.1% during the third quarter. Radcliffe Capital Management L.P. now owns 252,587 shares of the company’s stock worth $2,705,000 after purchasing an additional 196,464 shares during the last quarter. Empyrean Capital Partners LP purchased a new stake in Vine Hill Capital Investment in the fourth quarter worth approximately $2,866,000. Finally, Highbridge Capital Management LLC purchased a new stake in shares of Vine Hill Capital Investment in the 4th quarter valued at $14,796,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Vine Hill Capital Investment in a report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Vine Hill Capital Investment Price Performance

NASDAQ:VCIC opened at $11.00 on Friday. The company has a market capitalization of $322.66 million, a PE ratio of 61.11 and a beta of 0.09. Vine Hill Capital Investment Corp. has a 1-year low of $8.32 and a 1-year high of $13.70. The firm’s 50-day moving average price is $11.00 and its 200-day moving average price is $10.82.

Vine Hill Capital Investment (NASDAQ:VCIC) last announced its earnings results on Friday, March 27th. The company reported $0.04 earnings per share for the quarter.

Vine Hill Capital Investment Company Profile

Vine Hill Capital Investment Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Vine Hill Capital Investment Corp. is based in Fort Lauderdale, Florida.