Vinci Partners Investments (NASDAQ:VINP) Trading Down 2.7%

Vinci Partners Investments Ltd. (NASDAQ:VINP)’s stock price was down 2.7% during mid-day trading on Monday . The company traded as low as $10.64 and last traded at $10.65. Approximately 1,898 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 70,577 shares. The stock had previously closed at $10.95.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on VINP shares. TheStreet upgraded Vinci Partners Investments from a “c” rating to a “b” rating in a research note on Wednesday, February 14th. The Goldman Sachs Group reduced their price objective on Vinci Partners Investments from $17.00 to $15.00 and set a “buy” rating for the company in a research note on Wednesday, January 24th. Finally, JPMorgan Chase & Co. upped their price objective on Vinci Partners Investments from $14.00 to $15.00 and gave the company an “overweight” rating in a research note on Friday, April 12th.

Vinci Partners Investments Price Performance

The company has a debt-to-equity ratio of 0.43, a quick ratio of 8.31 and a current ratio of 8.31. The company has a market cap of $572.76 million, a P/E ratio of 14.41 and a beta of 0.07. The firm has a 50 day moving average price of $10.99 and a two-hundred day moving average price of $10.68.

Vinci Partners Investments (NASDAQ:VINP) last posted its quarterly earnings results on Wednesday, February 7th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate 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%. On average, analysts predict that Vinci Partners Investments Ltd. will post 0.88 EPS for the current fiscal year.

Vinci Partners Investments Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Thursday, February 22nd were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, February 21st. This represents a $0.80 annualized dividend and a dividend yield of 7.51%. Vinci Partners Investments’s payout ratio is 105.26%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Matthews International Capital Management LLC boosted its stake in Vinci Partners Investments by 7.9% in the 3rd quarter. Matthews International Capital Management LLC now owns 144,334 shares of the company’s stock worth $1,472,000 after purchasing an additional 10,625 shares during the period. JGP Global Gestao de Recursos Ltda. bought a new position in Vinci Partners Investments in the 3rd quarter worth about $167,000. Acadian Asset Management LLC bought a new position in Vinci Partners Investments in the 3rd quarter worth about $227,000. National Bank of Canada FI bought a new position in Vinci Partners Investments in the 4th quarter worth about $300,000. Finally, UBS Group AG boosted its stake in Vinci Partners Investments by 15.5% in the 4th quarter. UBS Group AG now owns 596,245 shares of the company’s stock worth $6,529,000 after purchasing an additional 79,945 shares during the period. Institutional investors own 34.07% of the company’s stock.

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.