Vinci Partners Investments (NASDAQ:VINP) Shares Gap Down to $11.25

Vinci Partners Investments Ltd. (NASDAQ:VINP)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $11.25, but opened at $10.79. Vinci Partners Investments shares last traded at $11.16, with a volume of 7,327 shares traded.

Wall Street Analyst Weigh In

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

Vinci Partners Investments Price Performance

The firm has a 50 day moving average price of $10.96 and a 200 day moving average price of $10.92. The stock has a market cap of $592.66 million, a P/E ratio of 13.89 and a beta of 0.11. The company has a quick ratio of 10.68, a current ratio of 10.68 and a debt-to-equity ratio of 0.52.

Vinci Partners Investments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 5th. Investors of record on Wednesday, August 21st will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 6.17%. The ex-dividend date is Wednesday, August 21st. Vinci Partners Investments’s dividend payout ratio is currently 83.95%.

Hedge Funds Weigh In On Vinci Partners Investments

Large investors have recently made changes to their positions in the business. Grandeur Peak Global Advisors LLC boosted its position 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 acquiring an additional 4,968 shares during the last quarter. UBS Group AG lifted its position in shares of Vinci Partners Investments by 15.5% in the fourth quarter. UBS Group AG now owns 596,245 shares of the company’s stock worth $6,529,000 after buying an additional 79,945 shares in the last quarter. SPX Gestao de Recursos Ltda boosted its stake in 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 buying an additional 356,569 shares during the last quarter. Driehaus Capital Management LLC raised its holdings in shares of Vinci Partners Investments by 6.8% during the 2nd quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company’s stock worth $1,680,000 after acquiring an additional 9,803 shares in the last quarter. Finally, National Bank of Canada FI boosted its position in shares of Vinci Partners Investments by 209.1% during the 2nd quarter. National Bank of Canada FI now owns 139,655 shares of the company’s stock valued at $1,522,000 after acquiring an additional 94,467 shares during the last quarter. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

About Vinci Partners Investments

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.