Vinci Compass Investments (NASDAQ:VINP) Insider Sells 11,748 Shares of Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 11,748 shares of the business’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $10.44, for a total value of $122,649.12. Following the sale, the insider owned 974,503 shares in the company, valued at approximately $10,173,811.32. The trade was a 1.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fernando Lovisotto also recently made the following trade(s):

• On Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.73, for a total transaction of $56,278.85.
• On Friday, July 10th, Fernando Lovisotto sold 1,034 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.05, for a total transaction of $10,391.70.

Vinci Compass Investments Trading Up 0.8%

Vinci Compass Investments stock traded up $0.09 during midday trading on Wednesday, reaching $10.84. The stock had a trading volume of 38,054 shares, compared to its average volume of 65,388. The firm’s fifty day simple moving average is $9.60 and its two-hundred day simple moving average is $10.00. Vinci Compass Investments Ltd. has a twelve month low of $9.13 and a twelve month high of $13.61. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58. The firm has a market cap of $709.15 million, a price-to-earnings ratio of 15.49 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last announced its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.02). The firm had revenue of $54.05 million for the quarter, compared to analyst estimates of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. Equities analysts anticipate that Vinci Compass Investments Ltd. will post 0.8 EPS for the current fiscal year.

Vinci Compass Investments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio is currently 97.14%.

Hedge Funds Weigh In On Vinci Compass Investments

Institutional investors have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio acquired a new stake in shares of Vinci Compass Investments in the second quarter worth about $54,000. Engineers Gate Manager LP increased its holdings in shares of Vinci Compass Investments by 46.0% during the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock valued at $158,000 after acquiring an additional 5,129 shares during the last quarter. R Squared Ltd increased its holdings in shares of Vinci Compass Investments by 6.4% during the 1st quarter. R Squared Ltd now owns 52,686 shares of the company’s stock valued at $556,000 after acquiring an additional 3,153 shares during the last quarter. Deltec Asset Management LLC raised its stake in shares of Vinci Compass Investments by 136.1% in the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock valued at $632,000 after acquiring an additional 34,553 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Vinci Compass Investments by 12.2% in the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock valued at $896,000 after acquiring an additional 9,264 shares in the last quarter. 34.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

VINP has been the topic of a number of research reports. Zacks Research downgraded Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. Weiss Ratings restated a “hold (c)” rating on shares of Vinci Compass Investments in a report on Friday, September 11th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a research report on Thursday, September 10th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $13.50.

About Vinci Compass Investments

Vinci Partners Investments Ltd. is an alternative investment platform focused primarily on Brazil and Latin America. The company provides investment management and advisory services to institutional investors, family offices, high-net-worth individuals and other clients through a range of private- and public-market strategies.

Its offerings have included private equity, infrastructure, real estate, private credit, hedge funds and public equities. Vinci also manages investment vehicles and provides related asset-management services designed to give clients access to Brazilian and other Latin American opportunities across multiple asset classes.

Founded in 2009, Vinci Partners is headquartered in Brazil and serves both domestic and international investors.