Vinci Partners Investments (NASDAQ:VINP) Trading Up 0.7% – What’s Next?

Vinci Partners Investments Ltd. (NASDAQ:VINP) shares rose 0.7% during mid-day trading on Tuesday . The company traded as high as $10.37 and last traded at $10.19. Approximately 119,496 shares traded hands during mid-day trading, an increase of 86% from the average daily volume of 64,151 shares. The stock had previously closed at $10.12.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group restated a “buy” rating and set a $13.00 price objective on shares of Vinci Partners Investments in a research report on Thursday, December 5th.

Vinci Partners Investments Price Performance

The stock has a 50-day simple moving average of $10.16 and a 200 day simple moving average of $10.12. The company has a market cap of $548.01 million, a PE ratio of 16.44 and a beta of 0.11. The company has a quick ratio of 12.68, a current ratio of 12.68 and a debt-to-equity ratio of 0.51.

Vinci Partners Investments Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.60 annualized dividend and a yield of 5.89%. Vinci Partners Investments’s dividend payout ratio (DPR) is currently 150.00%.

Institutional Investors Weigh In On Vinci Partners Investments

A number of institutional investors have recently made changes to their positions in VINP. Public Employees Retirement System of Ohio purchased a new position in shares of Vinci Partners Investments during the 3rd quarter worth approximately $45,000. Commonwealth Equity Services LLC purchased a new position in shares of Vinci Partners Investments during the fourth quarter worth $104,000. Van ECK Associates Corp grew its stake in shares of Vinci Partners Investments by 15.2% in the fourth quarter. Van ECK Associates Corp now owns 14,646 shares of the company’s stock valued at $147,000 after buying an additional 1,929 shares in the last quarter. Trexquant Investment LP purchased a new stake in shares of Vinci Partners Investments in the 4th quarter valued at $233,000. Finally, Northern Trust Corp lifted its stake in Vinci Partners Investments by 259.4% during the 4th quarter. Northern Trust Corp now owns 78,269 shares of the company’s stock worth $788,000 after acquiring an additional 56,489 shares in the last quarter. 34.07% of the stock is currently owned by institutional investors and hedge funds.

About Vinci Partners 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.