Vinci Partners Investments (NASDAQ:VINP) Sees Strong Trading Volume

Vinci Partners Investments Ltd. (NASDAQ:VINP) shares saw an uptick in trading volume on Monday . 429,810 shares were traded during trading, an increase of 640% from the previous session’s volume of 58,097 shares.The stock last traded at $10.08 and had previously closed at $10.79.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. dropped their price target on Vinci Partners Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a research note on Thursday, July 11th.

Vinci Partners Investments Stock Performance

The company has a quick ratio of 11.29, a current ratio of 11.29 and a debt-to-equity ratio of 0.44. The business has a fifty day moving average of $10.94 and a 200 day moving average of $10.91. The company has a market cap of $540.48 million, a P/E ratio of 13.31 and a beta of 0.11.

Vinci Partners Investments (NASDAQ:VINP) last announced its quarterly earnings data on Thursday, May 9th. The company reported $0.19 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.19. Vinci Partners Investments had a net margin of 50.51% and a return on equity of 17.86%. The business had revenue of $22.03 million for the quarter, compared to analysts’ expectations of $22.01 million. During the same quarter in the prior year, the company earned $0.21 earnings per share. On average, equities analysts predict that Vinci Partners Investments Ltd. will post 0.69 EPS for the current year.

Vinci Partners Investments Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Thursday, May 23rd were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 6.77%. The ex-dividend date was Wednesday, May 22nd. Vinci Partners Investments’s payout ratio is currently 83.95%.

Institutional Investors Weigh In On Vinci Partners Investments

Institutional investors have recently added to or reduced their stakes in the stock. National Bank of Canada FI bought a new stake in shares of Vinci Partners Investments in the fourth quarter valued at about $300,000. UBS Group AG boosted its position in Vinci Partners Investments by 15.5% in the fourth quarter. UBS Group AG now owns 596,245 shares of the company’s stock valued at $6,529,000 after buying an additional 79,945 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of Vinci Partners Investments in the fourth quarter worth $229,000. SPX Gestao de Recursos Ltda lifted its holdings in Vinci Partners Investments by 231.1% in the fourth quarter. SPX Gestao de Recursos Ltda now owns 510,869 shares of the company’s stock valued at $5,594,000 after acquiring an additional 356,569 shares during the period. Finally, Grandeur Peak Global Advisors LLC boosted its holdings in Vinci Partners Investments by 0.6% during the first quarter. Grandeur Peak Global Advisors LLC now owns 864,851 shares of the company’s stock worth $9,773,000 after buying an additional 4,968 shares in the last quarter. 34.07% of the stock is owned by hedge funds and other institutional investors.

Vinci Partners Investments Company Profile

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.