Vinci Partners Investments Ltd. (NASDAQ:VINP) Short Interest Up 50.5% in January

Vinci Partners Investments Ltd. (NASDAQ:VINP) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 272,500 shares, a growth of 50.5% from the December 31st total of 181,100 shares. Based on an average trading volume of 75,900 shares, the days-to-cover ratio is presently 3.6 days. Approximately 1.5% of the company’s shares are short sold.

Vinci Partners Investments Trading Up 3.2 %

Shares of VINP stock opened at $10.38 on Friday. Vinci Partners Investments has a 12-month low of $9.01 and a 12-month high of $11.85. The company has a quick ratio of 12.68, a current ratio of 12.68 and a debt-to-equity ratio of 0.51. The company has a 50 day moving average of $10.08 and a 200-day moving average of $10.31. The firm has a market cap of $558.23 million, a P/E ratio of 16.80 and a beta of 0.10.

Vinci Partners Investments (NASDAQ:VINP) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.03. The company had revenue of $20.67 million during the quarter, compared to analyst estimates of $19.84 million. Vinci Partners Investments had a return on equity of 15.00% and a net margin of 37.79%. During the same quarter last year, the firm posted $0.11 EPS. Sell-side analysts anticipate that Vinci Partners Investments will post 0.6 earnings per share for the current year.

Vinci Partners Investments Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 20th were paid a $0.16 dividend. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.64 annualized dividend and a yield of 6.17%. Vinci Partners Investments’s dividend payout ratio is currently 103.23%.

Hedge Funds Weigh In On Vinci Partners Investments

A number of large investors have recently modified their holdings of VINP. Public Employees Retirement System of Ohio bought a new position in shares of Vinci Partners Investments in the third quarter worth approximately $45,000. Van ECK Associates Corp boosted its position in Vinci Partners Investments by 10.5% during the third quarter. Van ECK Associates Corp now owns 12,717 shares of the company’s stock valued at $127,000 after buying an additional 1,208 shares during the period. State Street Corp grew its holdings in shares of Vinci Partners Investments by 391.0% in the third quarter. State Street Corp now owns 105,534 shares of the company’s stock worth $1,048,000 after purchasing an additional 84,040 shares during the last quarter. Finally, SPX Gestao de Recursos Ltda increased its holdings in Vinci Partners Investments by 3.4% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 3,562,635 shares of the company’s stock valued at $35,377,000 after purchasing an additional 115,545 shares during the period. 34.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group reiterated a “buy” rating and issued a $13.00 target price on shares of Vinci Partners Investments in a report on Thursday, December 5th.

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.