Vinci Compass Investments Ltd. $VINP is SPX Gestao de Recursos Ltda’s 6th Largest Position

SPX Gestao de Recursos Ltda increased its stake in Vinci Compass Investments Ltd. (NASDAQ:VINP) by 7.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,038,396 shares of the company’s stock after purchasing an additional 278,612 shares during the quarter. Vinci Compass Investments makes up approximately 3.6% of SPX Gestao de Recursos Ltda’s portfolio, making the stock its 6th biggest holding. SPX Gestao de Recursos Ltda owned 0.06% of Vinci Compass Investments worth $43,413,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of VINP. Nomura Asset Management Co. Ltd. bought a new position in Vinci Compass Investments during the second quarter valued at $31,000. Russell Investments Group Ltd. bought a new stake in shares of Vinci Compass Investments in the second quarter valued at $123,000. R Squared Ltd lifted its position in shares of Vinci Compass Investments by 54.2% during the 3rd quarter. R Squared Ltd now owns 44,801 shares of the company’s stock valued at $482,000 after buying an additional 15,747 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Vinci Compass Investments by 266.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 172,866 shares of the company’s stock valued at $1,749,000 after buying an additional 125,711 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Vinci Compass Investments by 12.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 334,743 shares of the company’s stock worth $3,598,000 after acquiring an additional 38,154 shares during the period. 34.07% of the stock is owned by institutional investors.

Vinci Compass Investments Price Performance

Shares of NASDAQ:VINP opened at $11.10 on Friday. The company has a 50 day moving average of $12.58 and a 200 day moving average of $11.77. 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 stock has a market cap of $710.96 million, a P/E ratio of 18.20 and a beta of 0.13. Vinci Compass Investments Ltd. has a 12 month low of $8.66 and a 12 month high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last posted its earnings results on Wednesday, March 4th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.01). Vinci Compass Investments had a return on equity of 14.61% and a net margin of 22.89%.The firm had revenue of $47.19 million during the quarter, compared to analysts’ expectations of $51.84 million. As a group, sell-side analysts forecast that Vinci Compass Investments Ltd. will post 0.6 EPS for the current fiscal year.

Vinci Compass Investments Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Thursday, March 19th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.1%. This is a boost from Vinci Compass Investments’s previous quarterly dividend of $0.15. The ex-dividend date is Thursday, March 19th. Vinci Compass Investments’s dividend payout ratio (DPR) is 98.36%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on VINP shares. JPMorgan Chase & Co. lifted their price objective on Vinci Compass Investments from $14.00 to $15.00 and gave the stock an “overweight” rating in a report on Monday, February 2nd. Weiss Ratings lowered shares of Vinci Compass Investments from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 20th. Finally, Wall Street Zen cut shares of Vinci Compass Investments from a “buy” rating to a “hold” rating in a research note on Saturday. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Vinci Compass Investments currently has an average rating of “Moderate Buy” and a consensus price target of $14.00.

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.