JPMorgan Chase & Co. Boosts Vinci Partners Investments (NASDAQ:VINP) Price Target to $15.00

Vinci Partners Investments (NASDAQ:VINP) had its price target raised by JPMorgan Chase & Co. from $14.00 to $15.00 in a research report report published on Friday, Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Several other analysts have also recently issued reports on the company. The Goldman Sachs Group cut their target price on Vinci Partners Investments from $17.00 to $15.00 and set a buy rating for the company in a research report on Wednesday, January 24th. TheStreet upgraded shares of Vinci Partners Investments from a c rating to a b rating in a report on Wednesday, February 14th.

Vinci Partners Investments Stock Performance

NASDAQ:VINP opened at $10.55 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 6.91 and a current ratio of 8.31. The stock has a 50-day simple moving average of $11.05 and a two-hundred day simple moving average of $10.67. The firm has a market capitalization of $581.09 million, a PE ratio of 13.88 and a beta of 0.07. Vinci Partners Investments has a 52-week low of $7.70 and a 52-week high of $11.85.

Vinci Partners Investments (NASDAQ:VINP) last announced its quarterly earnings data on Wednesday, February 7th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. The company had revenue of $25.33 million during the quarter, compared to the consensus estimate of $23.16 million. Vinci Partners Investments had a return on equity of 18.79% and a net margin of 48.49%. Analysts forecast that Vinci Partners Investments will post 0.89 EPS for the current year.

Vinci Partners Investments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Thursday, February 22nd were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 7.58%. The ex-dividend date was Wednesday, February 21st. Vinci Partners Investments’s dividend payout ratio is currently 105.26%.

Institutional Investors Weigh In On Vinci Partners Investments

Large investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC increased its stake in shares of Vinci Partners Investments by 639.7% during the third quarter. Tower Research Capital LLC TRC now owns 2,404 shares of the company’s stock valued at $25,000 after buying an additional 2,079 shares during the period. GSA Capital Partners LLP purchased a new position in Vinci Partners Investments during the 3rd quarter valued at about $105,000. Jane Street Group LLC purchased a new stake in shares of Vinci Partners Investments in the 2nd quarter worth approximately $113,000. Quadrature Capital Ltd bought a new position in shares of Vinci Partners Investments during the second quarter valued at approximately $132,000. Finally, Advisory Services Network LLC purchased a new position in Vinci Partners Investments during the fourth quarter valued at approximately $133,000. 34.07% of the stock is owned by hedge funds and other institutional investors.

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.