Vinci Partners Investments Ltd. (NASDAQ:VINP) Short Interest Up 183.1% in July

Vinci Partners Investments Ltd. (NASDAQ:VINP) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 83,800 shares, a growth of 183.1% from the June 30th total of 29,600 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 35,000 shares, the days-to-cover ratio is currently 2.4 days.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. cut their target price on Vinci Partners Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a research note on Thursday, July 11th.

Institutional Trading of Vinci Partners Investments

Several large investors have recently bought and sold shares of VINP. Absolute Gestao de Investimentos Ltda. purchased a new position in shares of Vinci Partners Investments during the first quarter valued at approximately $217,000. Quadrature Capital Ltd purchased a new position in shares of Vinci Partners Investments during the fourth quarter valued at approximately $229,000. National Bank of Canada FI purchased a new position in shares of Vinci Partners Investments during the fourth quarter valued at approximately $300,000. SPX Gestao de Recursos Ltda lifted 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 valued at $5,594,000 after purchasing an additional 356,569 shares during the last quarter. Finally, UBS Group AG lifted 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 valued at $6,529,000 after purchasing an additional 79,945 shares during the last quarter. 34.07% of the stock is owned by institutional investors.

Vinci Partners Investments Stock Up 2.9 %

Vinci Partners Investments stock traded up $0.32 during trading hours on Friday, hitting $11.49. 43,758 shares of the stock traded hands, compared to its average volume of 33,806. The firm’s 50-day moving average price is $10.91 and its two-hundred day moving average price is $10.92. The company has a current ratio of 11.29, a quick ratio of 11.29 and a debt-to-equity ratio of 0.44. The company has a market cap of $617.93 million, a PE ratio of 14.19 and a beta of 0.11. Vinci Partners Investments has a one year low of $9.35 and a one year high of $11.85.

Vinci Partners Investments (NASDAQ:VINP) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. The business had revenue of $22.03 million for the quarter, compared to analysts’ expectations 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 period in the previous year, the firm posted $0.21 EPS. On average, research analysts forecast that Vinci Partners Investments will post 0.69 EPS for the current year.

Vinci Partners Investments Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Thursday, May 23rd were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $0.68 annualized dividend and a yield of 5.92%. Vinci Partners Investments’s payout ratio is 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.