Vinci Compass Investments (NASDAQ:VINP) Insider Fernando Lovisotto Sells 2,632 Shares of Company Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 2,632 shares of Vinci Compass Investments stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $10.71, for a total value of $28,188.72. Following the completion of the sale, the insider directly owned 966,626 shares of the company’s stock, valued at approximately $10,352,564.46. This trade represents a 0.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 Thursday, October 8th, Fernando Lovisotto sold 4,316 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.95, for a total transaction of $47,260.20.
• On Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.73, for a total transaction of $56,278.85.
• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.44, for a total transaction of $122,649.12.

Vinci Compass Investments Stock Up 4.9%

Vinci Compass Investments stock opened at $11.54 on Friday. The firm has a market capitalization of $754.95 million, a price-to-earnings ratio of 16.49 and a beta of 0.26. The firm has a 50 day simple moving average of $9.68 and a 200 day simple moving average of $10.03. Vinci Compass Investments Ltd. has a 1-year low of $9.13 and a 1-year high of $13.61. The company has a current ratio of 3.58, a quick ratio of 3.58 and a debt-to-equity ratio of 0.38.

Vinci Compass Investments (NASDAQ:VINP) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). The company had revenue of $54.05 million during the quarter, compared to analysts’ expectations of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. On average, analysts predict that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current year.

Vinci Compass Investments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio is presently 97.14%.

Institutional Trading of Vinci Compass Investments

A number of institutional investors have recently modified their holdings of the company. Engineers Gate Manager LP increased its holdings in 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 purchasing an additional 5,129 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in Vinci Compass Investments in the 2nd quarter worth approximately $54,000. Endure Capital Management LLC bought a new stake in shares of Vinci Compass Investments in the 1st quarter worth approximately $3,531,000. Renaissance Technologies LLC grew its position 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 worth $896,000 after buying an additional 9,264 shares during the last quarter. Finally, SPX Gestao de Recursos Ltda increased its stake in shares of Vinci Compass Investments by 16.8% during the first quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock valued at $49,291,000 after buying an additional 671,448 shares during the period. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on VINP. Weiss Ratings cut shares of Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday. Zacks Research lowered shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. Finally, JPMorgan Chase & Co. dropped their target price on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a report on Thursday, September 10th. One analyst has 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 MarketBeat.com, Vinci Compass Investments presently has an average rating of “Hold” and a consensus target price of $14.00.

Vinci Compass Investments Company Profile

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.