Picton Mahoney Asset Management Has $4.70 Million Stock Position in Vine Hill Capital Investment Corp. $VCIC

Picton Mahoney Asset Management cut its holdings in shares of Vine Hill Capital Investment Corp. (NASDAQ:VCIC) by 41.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 438,564 shares of the company’s stock after selling 311,436 shares during the period. Picton Mahoney Asset Management’s holdings in Vine Hill Capital Investment were worth $4,697,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Magnetar Financial LLC bought a new stake in shares of Vine Hill Capital Investment during the second quarter worth approximately $18,666,000. Alberta Investment Management Corp acquired a new stake in Vine Hill Capital Investment during the 2nd quarter worth $10,202,000. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in Vine Hill Capital Investment during the 2nd quarter worth $7,800,000. Berkley W R Corp raised its position in shares of Vine Hill Capital Investment by 66.6% during the 2nd quarter. Berkley W R Corp now owns 799,435 shares of the company’s stock valued at $8,314,000 after acquiring an additional 319,491 shares during the last quarter. Finally, Whitebox Advisors LLC acquired a new position in shares of Vine Hill Capital Investment in the 2nd quarter valued at $2,756,000.

Vine Hill Capital Investment Price Performance

Vine Hill Capital Investment stock opened at $10.70 on Friday. The firm has a market capitalization of $313.68 million, a price-to-earnings ratio of 76.39 and a beta of 0.09. The company’s 50 day simple moving average is $10.68 and its 200 day simple moving average is $10.77. Vine Hill Capital Investment Corp. has a fifty-two week low of $10.13 and a fifty-two week high of $11.99.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Vine Hill Capital Investment in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

About Vine Hill Capital Investment

Vine Hill Capital Investment Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Vine Hill Capital Investment Corp. is based in Fort Lauderdale, Florida.