Vinci Compass Investments (NASDAQ:VINP) Sees Unusually-High Trading Volume – Still a Buy?

Vinci Compass Investments Ltd. (NASDAQ:VINP) saw an uptick in trading volume on Friday. 103,657 shares were traded during trading, an increase of 59% from the previous session’s volume of 65,216 shares. The stock last traded at $11.43 and had previously closed at $11.00.

Analyst Ratings Changes

Several equities analysts have commented on VINP shares. JPMorgan Chase & Co. dropped their target price on shares of 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. Zacks Research lowered Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Vinci Compass Investments in a report on Friday, September 11th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $14.00.

Vinci Compass Investments Trading Up 4.4%

The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average of $9.65 and a 200 day moving average of $10.02. The firm has a market cap of $751.44 million, a PE ratio of 16.44 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last released its earnings results 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). Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%.The firm had revenue of $54.05 million during the quarter, compared to analysts’ expectations of $56.12 million. Equities analysts anticipate that Vinci Compass Investments Ltd. will post 0.8 earnings per share for the current year.

Vinci Compass Investments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments’s payout ratio is currently 97.14%.

Insiders Place Their Bets

In other news, insider Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $10.44, for a total value of $122,649.12. Following the completion of the transaction, the insider owned 974,503 shares in the company, valued at $10,173,811.32. This trade represents a 1.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 49.31% of the stock is owned by corporate insiders.

Institutional Trading of Vinci Compass Investments

Institutional investors have recently modified their holdings of the business. SPX Gestao de Recursos Ltda raised its stake in shares of Vinci Compass Investments by 16.8% during the 1st quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock valued at $49,291,000 after purchasing an additional 671,448 shares during the period. Endure Capital Management LLC purchased a new position in Vinci Compass Investments during the 1st quarter valued at about $3,531,000. Rockefeller Capital Management L.P. bought a new stake in shares of Vinci Compass Investments during the fourth quarter valued at about $1,324,000. Deltec Asset Management LLC boosted its position in shares of Vinci Compass Investments by 136.1% in the first quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock valued at $632,000 after acquiring an additional 34,553 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in Vinci Compass Investments by 12.2% during the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock worth $896,000 after acquiring an additional 9,264 shares during the period. 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.