SPX Gestao de Recursos Ltda raised its holdings in Vinci Compass Investments Ltd. (NASDAQ:VINP – Free Report) by 7.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,038,396 shares of the company’s stock after buying an additional 278,612 shares during the period. Vinci Compass Investments comprises about 3.6% of SPX Gestao de Recursos Ltda’s holdings, making the stock its 6th largest position. SPX Gestao de Recursos Ltda owned approximately 6.31% of Vinci Compass Investments worth $43,413,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its holdings in shares of Vinci Compass Investments by 266.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 172,866 shares of the company’s stock worth $1,749,000 after acquiring an additional 125,711 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vinci Compass Investments by 12.9% in the third quarter. JPMorgan Chase & Co. now owns 334,743 shares of the company’s stock worth $3,598,000 after purchasing an additional 38,154 shares during the last quarter. R Squared Ltd lifted its holdings in shares of Vinci Compass Investments by 54.2% in the third quarter. R Squared Ltd now owns 44,801 shares of the company’s stock valued at $482,000 after purchasing an additional 15,747 shares in the last quarter. Russell Investments Group Ltd. bought a new position in shares of Vinci Compass Investments in the second quarter valued at approximately $123,000. Finally, Nomura Asset Management Co. Ltd. purchased a new position in shares of Vinci Compass Investments during the second quarter valued at approximately $31,000. 34.07% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
VINP has been the topic of several recent analyst reports. Weiss Ratings cut Vinci Compass Investments from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 20th. Wall Street Zen downgraded shares of Vinci Compass Investments from a “buy” rating to a “hold” rating in a report on Saturday. Finally, JPMorgan Chase & Co. raised their price target on shares of Vinci Compass Investments from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Monday, February 2nd. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.00.
Vinci Compass Investments Stock Performance
Shares of Vinci Compass Investments stock opened at $11.10 on Friday. The business’s fifty day simple moving average is $12.58 and its 200 day simple moving average is $11.77. The company has a current ratio of 6.68, a quick ratio of 6.68 and a debt-to-equity ratio of 0.44. Vinci Compass Investments Ltd. has a 12 month low of $8.66 and a 12 month high of $13.61. The firm has a market capitalization of $710.96 million, a P/E ratio of 18.20 and a beta of 0.13.
Vinci Compass Investments (NASDAQ:VINP – Get Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The business had revenue of $47.19 million during the quarter, compared to the consensus estimate of $51.84 million. Vinci Compass Investments had a net margin of 22.89% and a return on equity of 14.61%. As a group, analysts anticipate that Vinci Compass Investments Ltd. will post 0.6 EPS for the current year.
Vinci Compass Investments Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Thursday, March 19th will be given a $0.17 dividend. This is a positive change from Vinci Compass Investments’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Thursday, March 19th. Vinci Compass Investments’s payout ratio is presently 98.36%.
Vinci Compass Investments 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. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.
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