Vinci Compass Investments (NASDAQ:VINP) Sets New 1-Year Low Following Insider Selling

Vinci Compass Investments Ltd. (NASDAQ:VINP) shares hit a new 52-week low during mid-day trading on Tuesday following insider selling activity. The company traded as low as $8.90 and last traded at $9.01, with a volume of 228,537 shares changing hands. The stock had previously closed at $9.16.

Specifically, insider Fernando Lovisotto sold 13,452 shares of the company’s stock in a transaction that occurred on Friday, October 23rd. The shares were sold at an average price of $11.41, for a total transaction of $153,487.32. Following the completion of the transaction, the insider directly owned 875,954 shares in the company, valued at $9,994,635.14. This represents a 1.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Augusto Zaremba sold 19,815 shares of the firm’s stock in a transaction that occurred on Friday, October 23rd. The shares were sold at an average price of $11.43, for a total transaction of $226,485.45. Following the completion of the sale, the insider owned 915,442 shares in the company, valued at $10,463,502.06. This represents a 2.12% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In other Vinci Compass Investments news, insider Augusto Zaremba sold 7,291 shares of the business’s stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $11.42, for a total transaction of $83,263.22. Following the sale, the insider owned 935,257 shares of the company’s stock, valued at approximately $10,680,634.94. The trade was a 0.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

A number of brokerages have recently commented on VINP. Zacks Research cut Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. Weiss Ratings upgraded Vinci Compass Investments from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday. Finally, JPMorgan Chase & Co. dropped their target price on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a research report on Thursday, September 10th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $14.00.

Vinci Compass Investments Trading Down 1.6%

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 company has a market cap of $589.43 million, a price-to-earnings ratio of 12.87 and a beta of 0.26. The firm has a 50 day moving average price of $9.95 and a two-hundred day moving average price of $10.61.

Vinci Compass Investments (NASDAQ:VINP) last announced its earnings results on Wednesday, August 12th. The company reported $0.19 EPS 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. As a group, equities analysts forecast that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current year.

Vinci Compass Investments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio (DPR) is currently 97.14%.

Institutional Trading of Vinci Compass Investments

Large investors have recently bought and sold shares of the business. Pension & Wealth Management Advisors Inc. boosted its position in shares of Vinci Compass Investments by 6.3% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 42,565 shares of the company’s stock valued at $398,000 after purchasing an additional 2,541 shares in the last quarter. Engineers Gate Manager LP lifted its stake in Vinci Compass Investments by 46.0% in the second 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 during the period. Public Employees Retirement System of Ohio bought a new position in shares of Vinci Compass Investments during the 2nd quarter worth approximately $54,000. Endure Capital Management LLC bought a new position in shares of Vinci Compass Investments during the 1st quarter worth approximately $3,531,000. Finally, Renaissance Technologies LLC grew its position 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 buying an additional 9,264 shares during the period. 34.07% of the stock is currently owned by institutional investors and hedge funds.

About Vinci Compass Investments

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.