Vinci Compass Investments (NASDAQ:VINP) Insider Fernando Lovisotto Sells 4,316 Shares of Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 4,316 shares of the business’s stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $10.95, for a total value of $47,260.20. Following the transaction, the insider owned 962,310 shares in the company, valued at $10,537,294.50. This represents a 0.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, October 7th, Fernando Lovisotto sold 2,632 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.71, for a total value of $28,188.72.
• 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 value of $56,278.85.
• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.44, for a total value of $122,649.12.

Vinci Compass Investments Stock Performance

VINP opened at $11.54 on Friday. The stock has a market cap of $754.95 million, a PE ratio of 16.49 and a beta of 0.26. 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 Ltd. has a 1 year low of $9.13 and a 1 year high of $13.61. The stock’s 50 day simple moving average is $9.68 and its 200-day simple moving average is $10.03.

Vinci Compass Investments (NASDAQ:VINP) last issued its earnings results on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $54.05 million during the quarter, compared to analyst estimates of $56.12 million. Sell-side analysts forecast that Vinci Compass Investments Ltd. will post 0.80 EPS for the current year.

Vinci Compass Investments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were issued a dividend of $0.17 per share. 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 (DPR) is presently 97.14%.

Hedge Funds Weigh In On Vinci Compass Investments

Institutional investors have recently modified their holdings of the stock. SPX Gestao de Recursos Ltda grew 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 purchasing an additional 671,448 shares during the last quarter. Endure Capital Management LLC acquired a new stake in Vinci Compass Investments during the 1st quarter worth $3,531,000. Rockefeller Capital Management L.P. acquired a new stake in Vinci Compass Investments during the 4th quarter worth $1,324,000. Deltec Asset Management LLC lifted its holdings in Vinci Compass Investments by 136.1% during the first quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock worth $632,000 after acquiring an additional 34,553 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake 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 during the period. 34.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on VINP shares. Zacks Research cut shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. Weiss Ratings downgraded Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday. Finally, JPMorgan Chase & Co. lowered 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. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $14.00.

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.