Vinci Compass Investments (NASDAQ:VINP) Downgraded to “Strong Sell” Rating by Zacks Research

Vinci Compass Investments (NASDAQ:VINP) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Thursday, Zacks reports.

Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. cut their target price on shares of Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a research note on Thursday. Weiss Ratings cut shares of Vinci Compass Investments from a “buy (b-)” rating to a “hold (c)” rating in a research note on Tuesday, June 16th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Vinci Compass Investments presently has a consensus rating of “Hold” and a consensus price target of $13.50.

Vinci Compass Investments Stock Performance

Vinci Compass Investments stock opened at $9.44 on Thursday. Vinci Compass Investments has a fifty-two week low of $9.19 and a fifty-two week high of $13.61. The company has a market capitalization of $617.58 million, a price-to-earnings ratio of 13.49 and a beta of 0.29. The stock has a fifty day moving average of $9.70 and a two-hundred day moving average of $10.23. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58.

Vinci Compass Investments (NASDAQ:VINP) last issued its quarterly earnings data 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 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 anticipate that Vinci Compass Investments will post 0.79 EPS for the current fiscal year.

Insiders Place Their Bets

In other Vinci Compass Investments news, insider Fernando Lovisotto sold 11,818 shares of Vinci Compass Investments stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $10.33, for a total value of $122,079.94. Following the transaction, the insider owned 989,231 shares in the company, valued at $10,218,756.23. This trade represents a 1.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Sergio Ribeiro sold 13,061 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $10.00, for a total transaction of $130,610.00. Following the sale, the chief financial officer directly owned 212,547 shares of the company’s stock, valued at $2,125,470. This represents a 5.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 67,272 shares of company stock valued at $671,461 over the last quarter. Company insiders own 49.31% of the company’s stock.

Institutional Investors Weigh In On Vinci Compass Investments

Institutional investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its holdings in shares of Vinci Compass Investments by 266.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 172,866 shares of the company’s stock worth $1,749,000 after purchasing an additional 125,711 shares during the period. Russell Investments Group Ltd. acquired a new position in Vinci Compass Investments during the second quarter valued at approximately $123,000. JPMorgan Chase & Co. grew its stake in Vinci Compass Investments by 12.9% during the third quarter. JPMorgan Chase & Co. now owns 334,743 shares of the company’s stock worth $3,598,000 after buying an additional 38,154 shares during the period. Van ECK Associates Corp grew its stake in Vinci Compass Investments by 16.6% during the third quarter. Van ECK Associates Corp now owns 15,055 shares of the company’s stock worth $162,000 after buying an additional 2,138 shares during the period. Finally, Squarepoint Ops LLC acquired a new stake in shares of Vinci Compass Investments in the third quarter worth $242,000. Hedge funds and other institutional investors own 34.07% of the company’s stock.

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.