Vinci Compass Investments (NASDAQ:VINP) Price Target Lowered to $14.00 at JPMorgan Chase & Co.

Vinci Compass Investments (NASDAQ:VINP) had its price target dropped by analysts at JPMorgan Chase & Co. from $15.00 to $14.00 in a report issued on Thursday, Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 46.98% from the stock’s previous close.

Separately, Weiss Ratings downgraded Vinci Compass Investments from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday, June 16th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $13.50.

Vinci Compass Investments Trading Up 1.4%

Shares of VINP stock traded up $0.14 during trading hours on Thursday, reaching $9.53. 7,057 shares of the stock traded hands, compared to its average volume of 65,988. 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 has a market capitalization of $623.13 million, a PE ratio of 13.57 and a beta of 0.29. Vinci Compass Investments has a 1-year low of $9.19 and a 1-year high of $13.61. The business has a fifty day moving average price of $9.71 and a 200 day moving average price of $10.26.

Vinci Compass Investments (NASDAQ:VINP) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The firm had revenue of $54.05 million during the quarter, compared to analyst estimates of $56.12 million. Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. On average, equities research analysts forecast that Vinci Compass Investments will post 0.9 EPS for the current year.

Insiders Place Their Bets

In other Vinci Compass Investments news, insider Fernando Lovisotto sold 11,818 shares of the business’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $10.33, for a total value of $122,079.94. Following the completion of the sale, the insider owned 989,231 shares of the company’s stock, valued at $10,218,756.23. The trade was a 1.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Sergio Ribeiro sold 13,061 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $10.00, for a total value of $130,610.00. Following the completion of the transaction, the chief financial officer directly owned 212,547 shares in the company, valued at $2,125,470. The trade was a 5.79% 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 have sold 72,024 shares of company stock valued at $717,603 over the last three months. 49.31% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VINP. Mondrian Investment Partners LTD bought a new position in shares of Vinci Compass Investments in the fourth quarter worth about $37,000. Public Employees Retirement System of Ohio bought a new position in Vinci Compass Investments in the 2nd quarter worth approximately $54,000. Russell Investments Group Ltd. bought a new stake in shares of Vinci Compass Investments in the second quarter valued at approximately $123,000. Engineers Gate Manager LP grew its stake in shares of Vinci Compass Investments by 46.0% in the second 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 last quarter. Finally, Citadel Advisors LLC bought a new position in Vinci Compass Investments during the third quarter worth $159,000. 34.07% of the stock is currently owned by institutional investors and hedge funds.

About Vinci Compass 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. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.