Vinci Compass Investments (NASDAQ:VINP) Reaches New 1-Year High – Still a Buy?

Vinci Compass Investments Ltd. (NASDAQ:VINP) shares hit a new 52-week high during trading on Monday . The company traded as high as $12.02 and last traded at $11.9450, with a volume of 68531 shares trading hands. The stock had previously closed at $11.92.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Vinci Compass Investments in a report on Thursday, October 30th. UBS Group lifted their price target on Vinci Compass Investments from $12.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. upped their price objective on Vinci Compass Investments from $13.50 to $14.00 and gave the company an “overweight” rating in a report on Wednesday, July 16th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Vinci Compass Investments currently has an average rating of “Moderate Buy” and a consensus price target of $13.33.

Vinci Compass Investments Price Performance

The company has a debt-to-equity ratio of 0.44, a current ratio of 7.84 and a quick ratio of 7.84. The stock has a market capitalization of $765.35 million, a P/E ratio of 25.43 and a beta of 0.12. The stock’s fifty day moving average is $10.80 and its two-hundred day moving average is $10.11.

Vinci Compass Investments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Monday, August 25th. Vinci Compass Investments’s payout ratio is presently 127.66%.

Hedge Funds Weigh In On Vinci Compass Investments

A number of hedge funds and other institutional investors have recently modified their holdings of VINP. R Squared Ltd purchased a new position in Vinci Compass Investments in the 2nd quarter worth about $281,000. Nuveen LLC acquired a new position in shares of Vinci Compass Investments in the first quarter worth about $163,000. JPMorgan Chase & Co. boosted its holdings in shares of Vinci Compass Investments by 12.9% in the third quarter. JPMorgan Chase & Co. now owns 334,743 shares of the company’s stock worth $3,598,000 after buying an additional 38,154 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Vinci Compass Investments by 266.6% in the first quarter. Goldman Sachs Group Inc. now owns 172,866 shares of the company’s stock worth $1,749,000 after acquiring an additional 125,711 shares in the last quarter. Finally, Russell Investments Group Ltd. acquired a new stake in shares of Vinci Compass Investments during the second quarter valued at approximately $123,000. Institutional investors and hedge funds own 34.07% of the company’s stock.

About Vinci Compass Investments

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.