Vinci Compass Investments (NASDAQ:VINP) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Vinci Compass Investments (NASDAQ:VINP) from a hold rating to a buy rating in a report issued on Saturday.

Several other equities research analysts have also commented on VINP. 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 research note on Wednesday, October 8th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vinci Compass Investments in a research report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $13.50.

Vinci Compass Investments Stock Performance

NASDAQ VINP opened at $12.58 on Friday. The company has a fifty day moving average price of $12.66 and a 200-day moving average price of $11.14. The firm has a market cap of $805.75 million, a price-to-earnings ratio of 26.77 and a beta of 0.11. The company has a debt-to-equity ratio of 0.44, a current ratio of 6.68 and a quick ratio of 6.68. Vinci Compass Investments has a 1 year low of $8.66 and a 1 year high of $13.61.

Vinci Compass Investments Dividend Announcement

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 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Monday, November 24th. Vinci Compass Investments’s dividend payout ratio is currently 127.66%.

Hedge Funds Weigh In On Vinci Compass Investments

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its position in shares of Vinci Compass Investments by 12.9% in the third quarter. JPMorgan Chase & Co. now owns 334,743 shares of the company’s stock valued at $3,598,000 after purchasing an additional 38,154 shares during the period. Mirabella Financial Services LLP purchased a new position in Vinci Compass Investments in the 3rd quarter valued at approximately $1,053,000. Samlyn Capital LLC raised its holdings in Vinci Compass Investments by 3.5% during the 3rd quarter. Samlyn Capital LLC now owns 2,335,754 shares of the company’s stock valued at $25,109,000 after acquiring an additional 79,538 shares during the period. National Bank of Canada FI lifted its position in shares of Vinci Compass Investments by 46.3% during the third quarter. National Bank of Canada FI now owns 35,559 shares of the company’s stock worth $382,000 after acquiring an additional 11,261 shares in the last quarter. Finally, Millennium Management LLC bought a new position in shares of Vinci Compass Investments in the third quarter worth $197,000. 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.