Vinci Compass Investments Ltd. (NASDAQ:VINP – Get Free Report)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $9.13 and last traded at $9.14, with a volume of 54887 shares changing hands. The stock had previously closed at $9.31.
Analysts Set New Price Targets
Several equities research analysts have recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Vinci Compass Investments in a research note on Friday, September 11th. Zacks Research downgraded Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. Finally, JPMorgan Chase & Co. reduced their target price on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a research note on Thursday, September 10th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $13.50.
Read Our Latest Analysis on VINP
Vinci Compass Investments Price Performance
Vinci Compass Investments (NASDAQ:VINP – Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The business had revenue of $54.05 million for 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, equities analysts forecast that Vinci Compass Investments Ltd. will post 0.8 earnings per share for the current year.
Vinci Compass Investments Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments’s payout ratio is 97.14%.
Insider Buying and Selling
In other Vinci Compass Investments news, CFO Sergio Ribeiro sold 5,626 shares of the company’s 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 completion of the transaction, the chief financial officer owned 180,250 shares in the company, valued at approximately $1,728,597.50. This represents a 3.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 18,652 shares of company stock worth $180,931 in the last quarter. 49.31% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Vinci Compass Investments
A number of institutional investors have recently modified their holdings of the business. Mondrian Investment Partners LTD purchased a new position in shares of Vinci Compass Investments in the 4th quarter valued at about $37,000. Public Employees Retirement System of Ohio purchased a new position in Vinci Compass Investments during the second quarter worth approximately $54,000. Engineers Gate Manager LP grew 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 increased its position in shares of Vinci Compass Investments by 6.4% in the first quarter. R Squared Ltd now owns 52,686 shares of the company’s stock valued at $556,000 after buying an additional 3,153 shares in the last quarter. Finally, Deltec Asset Management LLC grew its stake in Vinci Compass Investments by 136.1% in the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock valued at $632,000 after acquiring an additional 34,553 shares during the period. 34.07% of the stock is currently owned by institutional investors and hedge funds.
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.
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