Vinci Compass Investments (NASDAQ:VINP) Reaches New 1-Year High – Here’s Why

Shares of Vinci Compass Investments Ltd. (NASDAQ:VINP) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $13.30 and last traded at $13.1690, with a volume of 17106 shares. The stock had previously closed at $13.10.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on VINP shares. Wall Street Zen lowered Vinci Compass Investments from a “buy” rating to a “hold” rating in a research report on Sunday, December 14th. UBS Group increased their price objective on shares of Vinci Compass Investments from $12.00 to $13.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Finally, Weiss Ratings raised shares of Vinci Compass Investments from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, December 17th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $13.50.

Vinci Compass Investments Stock Performance

The firm has a fifty day moving average price of $12.02 and a 200 day moving average price of $10.68. The company has a current ratio of 6.68, a quick ratio of 6.68 and a debt-to-equity ratio of 0.44. The firm has a market cap of $838.09 million, a PE ratio of 27.84 and a beta of 0.11.

Vinci Compass Investments Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, November 24th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, November 24th. Vinci Compass Investments’s payout ratio is presently 127.66%.

Institutional Investors Weigh In On Vinci Compass Investments

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VINP. Nomura Asset Management Co. Ltd. purchased a new stake in shares of Vinci Compass Investments during the second quarter worth $31,000. Russell Investments Group Ltd. acquired a new position in Vinci Compass Investments during the 2nd quarter worth $123,000. Citadel Advisors LLC purchased a new stake in Vinci Compass Investments during the 3rd quarter worth about $159,000. Van ECK Associates Corp raised its position in Vinci Compass Investments by 16.6% in the 3rd quarter. Van ECK Associates Corp now owns 15,055 shares of the company’s stock valued at $162,000 after purchasing an additional 2,138 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in Vinci Compass Investments in the 1st quarter valued at about $163,000. Hedge funds and other institutional investors own 34.07% of the company’s stock.

Vinci Compass Investments Company Profile

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.