Vinci Compass Investments (NASDAQ:VINP) Insider Fernando Lovisotto Sells 5,245 Shares of Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 5,245 shares of the company’s stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $10.73, for a total transaction of $56,278.85. Following the sale, the insider directly owned 969,258 shares in the company, valued at $10,400,138.34. This trade represents a 0.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.44, for a total transaction of $122,649.12.
• On Friday, July 10th, Fernando Lovisotto sold 1,034 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.05, for a total transaction of $10,391.70.

Vinci Compass Investments Price Performance

Shares of NASDAQ:VINP traded up $0.09 on Wednesday, hitting $10.84. The company’s stock had a trading volume of 38,054 shares, compared to its average volume of 65,388. The company has a market capitalization of $709.15 million, a PE ratio of 15.49 and a beta of 0.26. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58. The company has a 50-day simple moving average of $9.60 and a 200 day simple moving average of $10.00. Vinci Compass Investments Ltd. has a 1 year low of $9.13 and a 1 year high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The firm had revenue of $54.05 million during the quarter, compared to analysts’ expectations of $56.12 million. Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. Sell-side analysts forecast that Vinci Compass Investments Ltd. will post 0.8 EPS for the current fiscal year.

Vinci Compass Investments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were issued a $0.17 dividend. The ex-dividend date was Tuesday, August 25th. This represents a $0.68 annualized dividend and a yield of 6.3%. Vinci Compass Investments’s dividend payout ratio (DPR) is 97.14%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on VINP shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vinci Compass Investments in a research note on Friday, September 11th. JPMorgan Chase & Co. cut their price objective on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a research report on Thursday, September 10th. Finally, Zacks Research lowered Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $13.50.

Hedge Funds Weigh In On Vinci Compass Investments

Institutional investors and hedge funds have recently modified their holdings of the company. R Squared Ltd raised its holdings in Vinci Compass Investments by 6.4% in the 1st quarter. R Squared Ltd now owns 52,686 shares of the company’s stock worth $556,000 after purchasing an additional 3,153 shares during the period. Engineers Gate Manager LP grew its holdings in Vinci Compass Investments by 46.0% during the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock valued at $158,000 after purchasing an additional 5,129 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in Vinci Compass Investments in the second quarter worth about $54,000. Renaissance Technologies LLC raised its stake in shares of Vinci Compass Investments by 12.2% in the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock worth $896,000 after buying an additional 9,264 shares during the period. Finally, Deltec Asset Management LLC lifted its position in shares of Vinci Compass Investments by 136.1% during the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock valued at $632,000 after buying an additional 34,553 shares in the last quarter. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

Vinci Compass Investments Company Profile

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.