Vinci Partners Investments (NASDAQ:VINP) Shares Gap Down to $10.77

Vinci Partners Investments Ltd. (NASDAQ:VINP)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $10.77, but opened at $10.34. Vinci Partners Investments shares last traded at $10.78, with a volume of 12,312 shares changing hands.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on VINP. The Goldman Sachs Group reduced their price target on shares of Vinci Partners Investments from $17.00 to $15.00 and set a “buy” rating on the stock in a research report on Wednesday, January 24th. JPMorgan Chase & Co. lifted their price target on shares of Vinci Partners Investments from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Friday, April 12th. Finally, TheStreet upgraded shares of Vinci Partners Investments from a “c” rating to a “b” rating in a report on Wednesday, February 14th.

Vinci Partners Investments Stock Up 0.1 %

The company has a 50-day moving average price of $10.97 and a 200 day moving average price of $10.68. The firm has a market capitalization of $576.52 million, a PE ratio of 14.11 and a beta of 0.10. The company has a debt-to-equity ratio of 0.43, a current ratio of 8.31 and a quick ratio of 8.31.

Vinci Partners Investments (NASDAQ:VINP) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.01. Vinci Partners Investments had a net margin of 48.49% and a return on equity of 18.79%. The company had revenue of $25.33 million for the quarter, compared to analysts’ expectations of $23.16 million. Analysts forecast that Vinci Partners Investments Ltd. will post 0.88 earnings per share for the current year.

Vinci Partners Investments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Thursday, February 22nd were issued a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, February 21st. This represents a $0.80 annualized dividend and a dividend yield of 7.46%. Vinci Partners Investments’s dividend payout ratio (DPR) is presently 105.26%.

Institutional Trading of Vinci Partners Investments

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JGP Global Gestao de Recursos Ltda. purchased a new stake in shares of Vinci Partners Investments in the third quarter worth approximately $167,000. Acadian Asset Management LLC purchased a new stake in Vinci Partners Investments in the third quarter worth $227,000. Quadrature Capital Ltd bought a new stake in shares of Vinci Partners Investments during the fourth quarter worth $229,000. National Bank of Canada FI purchased a new stake in shares of Vinci Partners Investments during the fourth quarter valued at $300,000. Finally, Matthews International Capital Management LLC grew its holdings in shares of Vinci Partners Investments by 7.9% in the third quarter. Matthews International Capital Management LLC now owns 144,334 shares of the company’s stock worth $1,472,000 after purchasing an additional 10,625 shares during the last quarter. 34.07% of the stock is owned by hedge funds and other institutional investors.

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.