Vinci Compass Investments Ltd. (NASDAQ:VINP) Sees Significant Decrease in Short Interest

Vinci Compass Investments Ltd. (NASDAQ:VINP) saw a significant drop in short interest in April. As of April 15th, there was short interest totaling 106,244 shares, a drop of 18.5% from the March 31st total of 130,295 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 68,280 shares, the short-interest ratio is presently 1.6 days.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on VINP shares. Zacks Research raised shares of Vinci Compass Investments to a “hold” rating in a report on Thursday, April 16th. Wall Street Zen cut shares of Vinci Compass Investments from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Weiss Ratings cut shares of Vinci Compass Investments from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 20th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Vinci Compass Investments from $14.00 to $15.00 and gave the company an “overweight” rating in a research note on Monday, February 2nd. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Vinci Compass Investments presently has a consensus rating of “Moderate Buy” and an average price target of $14.00.

Vinci Compass Investments Stock Up 2.1%

Shares of NASDAQ VINP opened at $11.07 on Friday. The company has a current ratio of 5.13, a quick ratio of 5.13 and a debt-to-equity ratio of 0.49. The stock has a market cap of $724.20 million, a PE ratio of 18.15 and a beta of 0.23. The company has a 50-day moving average of $10.98 and a 200 day moving average of $11.87. Vinci Compass Investments has a 12-month low of $9.20 and a 12-month high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last posted its earnings results on Thursday, March 5th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.01). The firm had revenue of $47.19 million during the quarter, compared to analyst estimates of $51.84 million. Vinci Compass Investments had a net margin of 22.89% and a return on equity of 14.24%. As a group, sell-side analysts predict that Vinci Compass Investments will post 0.89 EPS for the current fiscal year.

Vinci Compass Investments Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Thursday, March 19th were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 6.1%. The ex-dividend date was Thursday, March 19th. This is a positive change from Vinci Compass Investments’s previous quarterly dividend of $0.15. Vinci Compass Investments’s dividend payout ratio (DPR) is presently 111.48%.

Insider Transactions at Vinci Compass Investments

In other news, insider Fernando Lovisotto sold 2,768 shares of Vinci Compass Investments stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $10.93, for a total transaction of $30,254.24. Following the completion of the sale, the insider directly owned 1,109,771 shares in the company, valued at approximately $12,129,797.03. The trade was a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Sergio Passos Ribeiro sold 3,125 shares of Vinci Compass Investments stock in a transaction on Monday, April 27th. The stock was sold at an average price of $11.02, for a total transaction of $34,437.50. Following the sale, the chief financial officer owned 304,600 shares of the company’s stock, valued at $3,356,692. The trade was a 1.02% 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. Over the last ninety days, insiders sold 329,452 shares of company stock worth $3,537,210. Company insiders own 49.31% of the company’s stock.

Hedge Funds Weigh In On Vinci Compass Investments

Several large investors have recently made changes to their positions in VINP. Goldman Sachs Group Inc. lifted its holdings in shares of Vinci Compass Investments by 266.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 172,866 shares of the company’s stock worth $1,749,000 after acquiring an additional 125,711 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in Vinci Compass Investments during the 2nd quarter worth approximately $123,000. JPMorgan Chase & Co. increased its stake in Vinci Compass Investments by 12.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 334,743 shares of the company’s stock worth $3,598,000 after buying an additional 38,154 shares during the period. R Squared Ltd increased its position in shares of Vinci Compass Investments by 54.2% in the 3rd quarter. R Squared Ltd now owns 44,801 shares of the company’s stock valued at $482,000 after purchasing an additional 15,747 shares during the last quarter. Finally, SPX Gestao de Recursos Ltda increased its position in shares of Vinci Compass Investments by 7.4% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 4,038,396 shares of the company’s stock valued at $43,413,000 after purchasing an additional 278,612 shares during the last quarter. 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.