Vinci Partners Investments (NASDAQ:VINP) Shares Gap Down to $10.77

Shares of Vinci Partners Investments Ltd. (NASDAQ:VINP) gapped down before the market opened on Tuesday . The stock had previously closed at $10.77, but opened at $10.34. Vinci Partners Investments shares last traded at $10.78, with a volume of 12,312 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages have commented on VINP. The Goldman Sachs Group cut their target price on Vinci Partners Investments from $17.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday, January 24th. JPMorgan Chase & Co. increased their target price on Vinci Partners Investments from $14.00 to $15.00 and gave the company an “overweight” rating in a research note on Friday, April 12th. Finally, TheStreet upgraded Vinci Partners Investments from a “c” rating to a “b” rating in a research note on Wednesday, February 14th.

Vinci Partners Investments Trading Up 0.1 %

The stock has a market capitalization of $579.75 million, a PE ratio of 14.17 and a beta of 0.07. The company has a current ratio of 8.31, a quick ratio of 8.31 and a debt-to-equity ratio of 0.43. The stock has a 50 day moving average price of $10.98 and a 200-day moving average price of $10.68.

Vinci Partners Investments (NASDAQ:VINP) last released its earnings results on Wednesday, February 7th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.01. The company had revenue of $25.33 million for the quarter, compared to the consensus estimate of $23.16 million. Vinci Partners Investments had a return on equity of 18.79% and a net margin of 48.49%. Sell-side analysts expect that Vinci Partners Investments Ltd. will post 0.88 earnings per share for the current year.

Vinci Partners Investments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 7th. Investors of record on Thursday, February 22nd were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, February 21st. This represents a $0.80 annualized dividend and a yield of 7.42%. Vinci Partners Investments’s dividend payout ratio (DPR) is presently 105.26%.

Hedge Funds Weigh In On Vinci Partners Investments

Several institutional investors and hedge funds have recently bought and sold shares of VINP. JGP Global Gestao de Recursos Ltda. purchased a new position in Vinci Partners Investments during the third quarter valued at $167,000. Acadian Asset Management LLC bought a new stake in Vinci Partners Investments during the third quarter valued at about $227,000. Quadrature Capital Ltd bought a new stake in Vinci Partners Investments during the fourth quarter valued at about $229,000. National Bank of Canada FI bought a new stake in Vinci Partners Investments during the fourth quarter valued at about $300,000. Finally, Matthews International Capital Management LLC raised its holdings in Vinci Partners Investments by 7.9% during the third quarter. Matthews International Capital Management LLC now owns 144,334 shares of the company’s stock valued at $1,472,000 after acquiring an additional 10,625 shares during the period. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

About Vinci Partners Investments

Vinci Partners Investments Ltd. operates as an asset management firm in Brazil. The company focuses on private markets, liquid strategies, investment products and solutions, and retirement services. It offers private equity, infrastructure, real estate, credit, special situations, equities, hedge funds, and investment products and solutions comprising portfolio and management services.