Mirabella Financial Services LLP purchased a new stake in Vinci Compass Investments Ltd. (NASDAQ:VINP – Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 97,988 shares of the company’s stock, valued at approximately $1,053,000. Mirabella Financial Services LLP owned approximately 0.15% of Vinci Compass Investments at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in the stock. Nomura Asset Management Co. Ltd. acquired a new position in shares of Vinci Compass Investments during the second quarter worth about $31,000. Russell Investments Group Ltd. purchased a new stake in shares of Vinci Compass Investments in the second quarter worth about $123,000. Citadel Advisors LLC acquired a new stake in shares of Vinci Compass Investments in the third quarter valued at about $159,000. Van ECK Associates Corp grew its stake in shares of Vinci Compass Investments by 16.6% in the third quarter. Van ECK Associates Corp now owns 15,055 shares of the company’s stock valued at $162,000 after buying an additional 2,138 shares in the last quarter. Finally, Millennium Management LLC purchased a new stake in shares of Vinci Compass Investments during the 3rd quarter valued at about $197,000. 34.07% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities analysts recently commented on VINP shares. JPMorgan Chase & Co. boosted their price target on Vinci Compass Investments from $14.00 to $15.00 and gave the stock an “overweight” rating in a research report on Monday, February 2nd. Weiss Ratings downgraded shares of Vinci Compass Investments from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 20th. Finally, Wall Street Zen lowered shares of Vinci Compass Investments from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $14.00.
Vinci Compass Investments Stock Down 1.1%
Shares of Vinci Compass Investments stock opened at $10.20 on Friday. The business has a 50-day moving average of $12.12 and a 200-day moving average of $11.81. The company has a debt-to-equity ratio of 0.49, a current ratio of 5.13 and a quick ratio of 6.68. The company has a market capitalization of $653.31 million, a PE ratio of 16.72 and a beta of 0.13. Vinci Compass Investments Ltd. has a 1-year low of $8.66 and a 1-year high of $13.61.
Vinci Compass Investments (NASDAQ:VINP – Get Free Report) last announced its earnings results on Thursday, March 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The business had revenue of $47.19 million for the quarter, compared to analysts’ expectations of $51.84 million. Vinci Compass Investments had a return on equity of 14.24% and a net margin of 22.89%. As a group, equities analysts forecast that Vinci Compass Investments Ltd. will post 0.6 EPS for the current fiscal year.
Vinci Compass Investments Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Thursday, March 19th will be issued a dividend of $0.17 per share. The ex-dividend date is Thursday, March 19th. This represents a $0.68 annualized dividend and a yield of 6.7%. This is a boost from Vinci Compass Investments’s previous quarterly dividend of $0.15. Vinci Compass Investments’s dividend payout ratio (DPR) is presently 98.36%.
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.
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