Vinci Partners Investments Ltd. (NASDAQ:VINP) Short Interest Down 12.8% in January

Vinci Partners Investments Ltd. (NASDAQ:VINP) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 181,100 shares, a drop of 12.8% from the December 31st total of 207,700 shares. Based on an average daily trading volume, of 73,600 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.3% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

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

Institutional Trading of Vinci Partners Investments

Several institutional investors have recently added to or reduced their stakes in the business. SPX Gestao de Recursos Ltda grew its stake in shares of Vinci Partners Investments by 3.4% in the third quarter. SPX Gestao de Recursos Ltda now owns 3,562,635 shares of the company’s stock worth $35,377,000 after acquiring an additional 115,545 shares during the period. State Street Corp grew its position in Vinci Partners Investments by 391.0% in the 3rd 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 period. Van ECK Associates Corp raised its stake in Vinci Partners Investments by 15.2% during the 4th quarter. Van ECK Associates Corp now owns 14,646 shares of the company’s stock valued at $147,000 after buying an additional 1,929 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in Vinci Partners Investments in the third quarter worth about $45,000. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

Vinci Partners Investments Price Performance

Shares of NASDAQ:VINP opened at $10.29 on Monday. The firm has a market capitalization of $553.40 million, a P/E ratio of 16.60 and a beta of 0.10. The company has a debt-to-equity ratio of 0.51, a quick ratio of 12.68 and a current ratio of 12.68. The stock has a 50 day moving average price of $10.08 and a 200-day moving average price of $10.30. Vinci Partners Investments has a 52-week low of $9.01 and a 52-week high of $11.85.

Vinci Partners Investments (NASDAQ:VINP) last released its earnings results on Thursday, November 7th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.03. The firm had revenue of $20.67 million during the quarter, compared to analyst estimates of $19.84 million. Vinci Partners Investments had a net margin of 37.79% and a return on equity of 15.00%. During the same period last year, the business earned $0.11 earnings per share. As a group, equities research analysts anticipate that Vinci Partners Investments will post 0.6 EPS for the current fiscal year.

Vinci Partners Investments Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 20th were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.22%. The ex-dividend date was Wednesday, November 20th. Vinci Partners Investments’s payout ratio is 103.23%.

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.