Vinci Compass Investments Ltd. (NASDAQ:VINP) Announces Dividend Increase – $0.17 Per Share

Vinci Compass Investments Ltd. (NASDAQ:VINP) declared a quarterly dividend on Wednesday, March 4th. Investors of record on Thursday, March 19th will be given a dividend of 0.17 per share on Thursday, April 2nd. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Thursday, March 19th. This is a 13.3% increase from Vinci Compass Investments’s previous quarterly dividend of $0.15.

Vinci Compass Investments has a payout ratio of 68.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Vinci Compass Investments to earn $0.72 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 83.3%.

Vinci Compass Investments Price Performance

Vinci Compass Investments stock opened at $11.88 on Thursday. The company has a fifty day simple moving average of $12.65 and a 200-day simple moving average of $11.77. The firm has a market capitalization of $760.91 million, a price-to-earnings ratio of 25.28 and a beta of 0.13. The company has a quick ratio of 6.68, a current ratio of 6.68 and a debt-to-equity ratio of 0.44. Vinci Compass Investments has a 52-week low of $8.66 and a 52-week high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last announced its quarterly earnings data on Wednesday, March 4th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The company had revenue of $47.19 million for the quarter, compared to analysts’ expectations of $51.84 million. Vinci Compass Investments had a return on equity of 13.83% and a net margin of 18.18%. On average, equities analysts anticipate that Vinci Compass Investments will post 0.6 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on VINP. Weiss Ratings cut Vinci Compass Investments from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 20th. JPMorgan Chase & Co. upped their target price on shares of Vinci Compass Investments from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. Finally, Wall Street Zen raised shares of Vinci Compass Investments from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Vinci Compass Investments currently has an average rating of “Moderate Buy” and an average target price of $14.00.

Vinci Compass 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. 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.