Vinci Compass Investments (NASDAQ:VINP) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Vinci Compass Investments (NASDAQ:VINP) from a hold rating to a buy rating in a research note released on Saturday.

VINP has been the subject of several other reports. UBS Group lifted their target price on Vinci Compass Investments from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vinci Compass Investments in a research report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $13.50.

Vinci Compass Investments Trading Down 2.1%

VINP opened at $12.58 on Friday. The company has a quick ratio of 6.68, a current ratio of 6.68 and a debt-to-equity ratio of 0.44. The business has a 50 day moving average of $12.67 and a 200-day moving average of $11.17. Vinci Compass Investments has a 52 week low of $8.66 and a 52 week high of $13.61. The stock has a market cap of $805.75 million, a PE ratio of 26.77 and a beta of 0.11.

Vinci Compass Investments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Monday, November 24th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, November 24th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.8%. Vinci Compass Investments’s dividend payout ratio (DPR) is currently 127.66%.

Institutional Investors Weigh In On Vinci Compass Investments

Hedge funds have recently added to or reduced their stakes in the business. Nomura Asset Management Co. Ltd. purchased a new position in Vinci Compass Investments in the second quarter worth approximately $31,000. Russell Investments Group Ltd. acquired a new stake in shares of Vinci Compass Investments in the second quarter valued at $123,000. Citadel Advisors LLC acquired a new position in shares of Vinci Compass Investments during the third quarter worth about $159,000. Van ECK Associates Corp increased its stake in shares of Vinci Compass Investments by 16.6% during the third quarter. Van ECK Associates Corp now owns 15,055 shares of the company’s stock worth $162,000 after buying an additional 2,138 shares during the period. Finally, Millennium Management LLC purchased a new position in Vinci Compass Investments in the third quarter worth approximately $197,000. 34.07% of the stock is owned by hedge funds and other institutional investors.

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. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.