Vinci Compass Investments (NASDAQ:VINP) Hits New 1-Year Low After Earnings Miss

Vinci Compass Investments Ltd. (NASDAQ:VINP)’s stock price reached a new 52-week low during mid-day trading on Friday after the company announced weaker than expected quarterly earnings. The stock traded as low as $8.10 and last traded at $8.7710, with a volume of 26,068 shares changing hands. The stock had previously closed at $8.81.

The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.09). The business had revenue of $60.54 million during the quarter, compared to the consensus estimate of $62.42 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%.

Vinci Compass Investments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Friday, November 27th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Friday, November 27th. This represents a $0.68 annualized dividend and a dividend yield of 7.8%. Vinci Compass Investments’s dividend payout ratio is 97.14%.

Wall Street Analyst Weigh In

VINP has been the topic of a number of recent research reports. JPMorgan Chase & Co. dropped their target price on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a report on Thursday, September 10th. UBS Group decreased their price target on Vinci Compass Investments from $12.00 to $10.50 and set a “buy” rating for the company in a report on Monday. Weiss Ratings lowered Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, November 4th. Finally, Zacks Research cut Vinci Compass Investments from a “hold” rating to a “strong sell” rating 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 assigned a Sell rating to the stock. Based on data from MarketBeat, Vinci Compass Investments currently has a consensus rating of “Hold” and a consensus target price of $12.25.

Insider Activity

In other Vinci Compass Investments news, insider Fernando Lovisotto sold 14,086 shares of the stock in a transaction dated Monday, October 19th. The shares were sold at an average price of $10.95, for a total value of $154,241.70. Following the completion of the sale, the insider owned 908,430 shares in the company, valued at approximately $9,947,308.50. This trade represents a 1.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Augusto Zaremba sold 21,222 shares of Vinci Compass Investments stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $11.34, for a total transaction of $240,657.48. Following the transaction, the insider directly owned 1,016,742 shares in the company, valued at approximately $11,529,854.28. This represents a 2.04% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 241,712 shares of company stock worth $2,694,007. 49.31% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Vinci Compass Investments

Institutional investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio purchased a new stake in shares of Vinci Compass Investments during the second quarter valued at approximately $54,000. Engineers Gate Manager LP lifted its holdings in Vinci Compass Investments by 46.0% during the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after acquiring an additional 5,129 shares during the period. Pension & Wealth Management Advisors Inc. boosted its position in Vinci Compass Investments by 6.3% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 42,565 shares of the company’s stock worth $398,000 after purchasing an additional 2,541 shares during the last quarter. Pictet Asset Management Holding SA boosted its position in Vinci Compass Investments by 35.1% in the third quarter. Pictet Asset Management Holding SA now owns 48,978 shares of the company’s stock worth $458,000 after purchasing an additional 12,712 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in Vinci Compass Investments by 12.2% in the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock worth $896,000 after purchasing an additional 9,264 shares during the last quarter. 34.07% of the stock is owned by institutional investors.

Vinci Compass Investments Price Performance

The stock has a market cap of $571.12 million, a P/E ratio of 12.47 and a beta of 0.31. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58. The business has a 50 day simple moving average of $9.75 and a 200-day simple moving average of $10.34.

Vinci Compass Investments Company Profile

Vinci Compass Investments is an alternative investment and asset-management firm with roots in Brazil. It provides investment products and services to institutional and individual clients, with strategies spanning private equity, infrastructure, real estate, credit and public markets. The company’s platform serves clients in Brazil and other Latin American markets. Its business traces its origins to Vinci Partners, founded in 2009, and its regional presence has expanded through the combination with Compass Group.