Vinci Partners Investments Ltd. (NASDAQ:VINP) Short Interest Update

Vinci Partners Investments Ltd. (NASDAQ:VINP) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 14,000 shares, a growth of 27.3% from the May 31st total of 11,000 shares. Based on an average trading volume of 28,800 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Vinci Partners Investments

Several large investors have recently bought and sold shares of VINP. Grandeur Peak Global Advisors LLC grew its holdings in shares of Vinci Partners Investments by 0.6% during the first quarter. Grandeur Peak Global Advisors LLC now owns 864,851 shares of the company’s stock worth $9,773,000 after purchasing an additional 4,968 shares during the last quarter. Absolute Gestao de Investimentos Ltda. purchased a new position in shares of Vinci Partners Investments during the first quarter worth about $217,000. Quadrature Capital Ltd purchased a new position in shares of Vinci Partners Investments during the fourth quarter worth about $229,000. SPX Gestao de Recursos Ltda grew its holdings in shares of Vinci Partners Investments by 231.1% during the fourth quarter. SPX Gestao de Recursos Ltda now owns 510,869 shares of the company’s stock worth $5,594,000 after purchasing an additional 356,569 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of Vinci Partners Investments by 15.5% during the fourth quarter. UBS Group AG now owns 596,245 shares of the company’s stock worth $6,529,000 after purchasing an additional 79,945 shares during the last quarter. Hedge funds and other institutional investors own 34.07% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. upped their price objective on Vinci Partners Investments from $14.00 to $15.00 and gave the stock an “overweight” rating in a research report on Friday, April 12th.

Vinci Partners Investments Stock Down 0.7 %

NASDAQ:VINP traded down $0.08 during trading hours on Friday, hitting $10.90. The company’s stock had a trading volume of 36,039 shares, compared to its average volume of 39,297. The stock has a market capitalization of $586.20 million, a P/E ratio of 13.46 and a beta of 0.10. The stock has a fifty day moving average of $10.77 and a 200-day moving average of $10.86. The company has a current ratio of 11.29, a quick ratio of 11.29 and a debt-to-equity ratio of 0.44. Vinci Partners Investments has a 52-week low of $8.91 and a 52-week high of $11.85.

Vinci Partners Investments (NASDAQ:VINP) last posted its earnings results on Thursday, May 9th. The company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. The firm had revenue of $22.03 million for the quarter, compared to analyst estimates of $22.01 million. Vinci Partners Investments had a return on equity of 17.86% and a net margin of 50.51%. During the same quarter in the prior year, the company posted $0.21 earnings per share. On average, equities analysts forecast that Vinci Partners Investments will post 0.88 earnings per share for the current year.

Vinci Partners Investments Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Thursday, May 23rd were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 6.24%. The ex-dividend date was Wednesday, May 22nd. Vinci Partners Investments’s dividend payout ratio (DPR) is presently 83.95%.

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.