Vinci Compass Investments (NASDAQ:VINP) Reaches New 52-Week Low – What’s Next?

Vinci Compass Investments Ltd. (NASDAQ:VINP) shares reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as $8.65 and last traded at $8.6840, with a volume of 7,992 shares changing hands. The stock had previously closed at $8.72.

Wall Street Analyst Weigh In

Several brokerages have commented on VINP. Weiss Ratings raised Vinci Compass Investments from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, October 23rd. JPMorgan Chase & Co. lowered their price objective 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. Finally, Zacks Research lowered shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. One equities research 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, the company has an average rating of “Hold” and a consensus target price of $14.00.

Vinci Compass Investments Price Performance

The stock’s 50-day moving average price is $9.90 and its 200 day moving average price is $10.50. The firm has a market cap of $563.55 million, a price-to-earnings ratio of 12.33 and a beta of 0.26. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38.

Vinci Compass Investments (NASDAQ:VINP) last released its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. The company had revenue of $54.05 million during the quarter, compared to the consensus estimate of $56.12 million. Equities research analysts predict that Vinci Compass Investments Ltd. will post 0.75 earnings per share for the current year.

Vinci Compass Investments Dividend Announcement

The company also recently declared 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 of this dividend was Tuesday, August 25th. This represents a $0.68 annualized dividend and a yield of 7.9%. Vinci Compass Investments’s dividend payout ratio is 97.14%.

Insider Buying and Selling

In other news, insider Augusto Zaremba sold 19,815 shares of the business’s stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of $11.43, for a total transaction of $226,485.45. Following the sale, the insider directly owned 915,442 shares in the company, valued at approximately $10,463,502.06. The trade was a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fernando Lovisotto sold 13,452 shares of the company’s stock in a transaction on Friday, October 23rd. The shares were sold at an average price of $11.41, for a total value of $153,487.32. Following the completion of the transaction, the insider owned 875,954 shares of the company’s stock, valued at $9,994,635.14. The trade was a 1.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 241,712 shares of company stock valued at $2,694,007 in the last quarter. Corporate insiders own 49.31% of the company’s stock.

Institutional Investors Weigh In On Vinci Compass Investments

A number of institutional investors have recently bought and sold shares of VINP. Public Employees Retirement System of Ohio bought a new stake in Vinci Compass Investments in the 2nd quarter valued at $54,000. Engineers Gate Manager LP raised its stake 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 valued at $158,000 after buying an additional 5,129 shares in the last quarter. Pension & Wealth Management Advisors Inc. raised its stake 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 valued at $398,000 after buying an additional 2,541 shares in the last quarter. R Squared Ltd lifted its holdings in shares of Vinci Compass Investments by 6.4% during the 1st quarter. R Squared Ltd now owns 52,686 shares of the company’s stock worth $556,000 after acquiring an additional 3,153 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in shares of 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. Institutional investors and hedge funds own 34.07% of the company’s stock.

Vinci Compass Investments Company Profile

Vinci Compass Investments Ltd. is an alternative investment platform focused on Latin America. The company manages capital for institutional investors, family offices, high-net-worth individuals and other clients through a range of public- and private-market strategies.

Its investment activities include private equity, infrastructure, real estate, private credit, hedge funds, equities, fixed income and other customized investment solutions. Through its Vinci and Compass businesses, the company provides asset management and advisory services designed to give clients access to opportunities across Brazil and other Latin American markets.

Vinci Partners, the company’s principal operating business, was founded in Brazil in 2009.