Vinci Compass Investments (NASDAQ:VINP) Sees Unusually-High Trading Volume – What’s Next?

Vinci Compass Investments Ltd. (NASDAQ:VINP) saw strong trading volume on Monday. Approximately 259,095 shares changed hands during mid-day trading, an increase of 288% from the previous session’s volume of 66,782 shares. The stock last traded at $11.0250 and had previously closed at $10.93.

Wall Street Analysts Forecast Growth

VINP has been the topic of several research analyst reports. JPMorgan Chase & Co. reduced their price objective on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a research note on Thursday, September 10th. Weiss Ratings downgraded shares of Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. Finally, Zacks Research downgraded shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $14.00.

Vinci Compass Investments Stock Up 2.6%

The firm’s 50-day moving average price is $9.84 and its 200-day moving average price is $10.06. 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 company has a market cap of $735.98 million, a price-to-earnings ratio of 16.07 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last posted its 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). Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. The business had revenue of $54.05 million for the quarter, compared to analyst estimates of $56.12 million. Sell-side analysts forecast that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current fiscal year.

Vinci Compass Investments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were given a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, August 25th. This represents a $0.68 annualized dividend and a yield of 6.0%. Vinci Compass Investments’s dividend payout ratio (DPR) is 97.14%.

Insider Transactions at Vinci Compass Investments

In other Vinci Compass Investments news, insider Augusto Zaremba sold 21,222 shares of the business’s stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $11.34, for a total transaction of $240,657.48. Following the transaction, the insider owned 1,016,742 shares in the company, valued at $11,529,854.28. The trade was a 2.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fernando Lovisotto sold 12,533 shares of the company’s stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $11.34, for a total value of $142,124.22. Following the completion of the sale, the insider directly owned 94,978 shares of the company’s stock, valued at $1,077,050.52. The trade was a 11.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 132,260 shares of company stock worth $1,464,974. 49.31% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Vinci Compass Investments

Several hedge funds have recently modified their holdings of VINP. SPX Gestao de Recursos Ltda lifted its position in Vinci Compass Investments by 16.8% during the 1st quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock worth $49,291,000 after acquiring an additional 671,448 shares in the last quarter. Endure Capital Management LLC purchased a new position in Vinci Compass Investments in the 1st quarter worth approximately $3,531,000. Rockefeller Capital Management L.P. purchased a new position in Vinci Compass Investments in the 4th quarter worth approximately $1,324,000. Renaissance Technologies LLC grew its position in Vinci Compass Investments by 12.2% in the first 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. Finally, Deltec Asset Management LLC grew its position in Vinci Compass Investments by 136.1% in the first 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. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

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.