Vinci Compass Investments (NASDAQ:VINP) Sees Unusually-High Trading Volume – Here’s Why

Vinci Compass Investments Ltd. (NASDAQ:VINP) shares saw an uptick in trading volume on Monday. 259,095 shares were traded during trading, an increase of 288% from the previous session’s volume of 66,782 shares. The stock last traded at $11.0250 and had previously closed at $10.93.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. cut 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 note on Thursday, September 10th. Zacks Research downgraded Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. Finally, Weiss Ratings downgraded Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $14.00.

Vinci Compass Investments Trading Up 0.9%

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’s 50 day simple moving average is $9.80 and its two-hundred day simple moving average is $10.06. The stock has a market cap of $721.58 million, a P/E ratio of 15.76 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last issued its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share 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 business had revenue of $54.05 million for the quarter, compared to analyst estimates of $56.12 million. As a group, equities research analysts predict that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current fiscal year.

Vinci Compass Investments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio is currently 97.14%.

Insider Activity

In other Vinci Compass Investments news, insider Augusto Zaremba sold 7,200 shares of Vinci Compass Investments stock in a transaction that occurred on Wednesday, October 14th. The stock was sold at an average price of $10.89, for a total value of $78,408.00. Following the completion of the transaction, the insider directly owned 989,099 shares in the company, valued at $10,771,288.11. The trade was a 0.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fernando Lovisotto sold 5,511 shares of the company’s stock in a transaction that occurred on Wednesday, October 14th. The shares were sold at an average price of $10.87, for a total value of $59,904.57. Following the transaction, the insider directly owned 930,415 shares of the company’s stock, valued at $10,113,611.05. This trade represents a 0.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 113,595 shares of company stock worth $1,262,003. 49.31% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in VINP. Endure Capital Management LLC bought a new stake in Vinci Compass Investments in the first quarter valued at $3,531,000. SPX Gestao de Recursos Ltda grew its position in shares of Vinci Compass Investments by 16.8% during the first quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock worth $49,291,000 after acquiring an additional 671,448 shares during the last quarter. Rockefeller Capital Management L.P. bought a new position in shares of Vinci Compass Investments during the fourth quarter worth about $1,324,000. Pension & Wealth Management Advisors Inc. increased its holdings in shares of Vinci Compass Investments by 6.3% in the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 42,565 shares of the company’s stock worth $398,000 after acquiring an additional 2,541 shares during the period. Finally, Engineers Gate Manager LP increased its holdings in shares of Vinci Compass Investments by 46.0% in the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after acquiring an additional 5,129 shares during the period. 34.07% of the stock is currently owned by 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.