Vinci Compass Investments (NASDAQ:VINP) Shares Gap Up – What’s Next?

Vinci Compass Investments Ltd. (NASDAQ:VINP)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $9.32, but opened at $10.00. Vinci Compass Investments shares last traded at $9.3050, with a volume of 3,073 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on VINP shares. Zacks Research cut shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vinci Compass Investments in a research report on Friday, September 11th. Finally, JPMorgan Chase & Co. cut their price target on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a report on Thursday, September 10th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $13.50.

Vinci Compass Investments Trading Down 0.1%

The company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58. The stock has a market capitalization of $619.53 million, a P/E ratio of 13.53 and a beta of 0.29. The business’s 50 day simple moving average is $9.62 and its 200-day simple moving average is $10.08.

Vinci Compass Investments (NASDAQ:VINP) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.02). The firm had revenue of $54.05 million during the quarter, compared to analyst estimates of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. As a group, analysts forecast that Vinci Compass Investments Ltd. will post 0.8 EPS for the current year.

Vinci Compass Investments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were paid a dividend of $0.17 per share. The ex-dividend date was Tuesday, August 25th. This represents a $0.68 annualized dividend and a dividend yield of 7.2%. Vinci Compass Investments’s payout ratio is currently 97.14%.

Insiders Place Their Bets

In other news, CFO Sergio Ribeiro sold 5,626 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $9.59, for a total value of $53,953.34. Following the transaction, the chief financial officer directly owned 180,250 shares of the company’s stock, valued at $1,728,597.50. This represents a 3.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 7,816 shares of company stock valued at $75,916. 49.31% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Vinci Compass Investments

Several institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio bought a new stake in shares of Vinci Compass Investments during the 2nd quarter valued at approximately $54,000. Engineers Gate Manager LP increased its holdings in Vinci Compass Investments by 46.0% in the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock valued at $158,000 after purchasing an additional 5,129 shares during the period. R Squared Ltd raised its position in shares of Vinci Compass Investments by 6.4% during the first quarter. R Squared Ltd now owns 52,686 shares of the company’s stock worth $556,000 after acquiring an additional 3,153 shares during the last quarter. Deltec Asset Management LLC raised its holdings in Vinci Compass Investments by 136.1% during the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock worth $632,000 after purchasing an additional 34,553 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in Vinci Compass Investments by 12.2% during the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock worth $896,000 after buying an additional 9,264 shares during the last quarter. 34.07% of the stock is currently owned by institutional investors.

Vinci Compass Investments Company Profile

Vinci Compass Investments Ltd., formerly known as Vinci Partners Investments Ltd. (NASDAQ: VINP), is an alternative investment platform focused primarily on Brazil and Latin America. The company was founded in 2009 and is headquartered in Rio de Janeiro, Brazil.

The firm provides investment management and advisory services across a range of alternative asset classes. Its offerings include private equity, infrastructure, credit, real estate, public equities, hedge funds and other investment strategies.