Vinci Partners Investments (NASDAQ:VINP) Sees Large Volume Increase – Time to Buy?

Vinci Partners Investments Ltd. (NASDAQ:VINP) saw unusually-strong trading volume on Wednesday . Approximately 91,813 shares changed hands during trading, an increase of 20% from the previous session’s volume of 76,641 shares.The stock last traded at $9.71 and had previously closed at $9.50.

Wall Street Analyst Weigh In

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

Vinci Partners Investments Trading Up 0.7 %

The business’s fifty day moving average is $10.05 and its two-hundred day moving average is $10.19. 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 firm has a market cap of $528.65 million, a price-to-earnings ratio of 15.85 and a beta of 0.11.

Vinci Partners Investments Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.10%. The ex-dividend date is Thursday, March 13th. Vinci Partners Investments’s dividend payout ratio (DPR) is presently 96.77%.

Institutional Trading of Vinci Partners Investments

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VINP. State Street Corp boosted its stake in shares of Vinci Partners Investments by 391.0% in the 3rd quarter. State Street Corp now owns 105,534 shares of the company’s stock valued at $1,048,000 after purchasing an additional 84,040 shares during the last quarter. SPX Gestao de Recursos Ltda lifted its holdings in 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 valued at $35,377,000 after buying an additional 115,545 shares during the period. Van ECK Associates Corp boosted its stake in Vinci Partners Investments by 15.2% in the fourth quarter. Van ECK Associates Corp now owns 14,646 shares of the company’s stock valued at $147,000 after acquiring an additional 1,929 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in Vinci Partners Investments in the third quarter valued at approximately $45,000. Finally, Northern Trust Corp grew its holdings in Vinci Partners Investments by 259.4% during the 4th quarter. Northern Trust Corp now owns 78,269 shares of the company’s stock worth $788,000 after acquiring an additional 56,489 shares during the period. 34.07% of the stock is currently owned by institutional investors and hedge funds.

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.