Vinci Compass Investments (NASDAQ:VINP) Releases Earnings Results, Misses Expectations By $0.02 EPS

Vinci Compass Investments (NASDAQ:VINP) issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02), Zacks reports. The firm had revenue of $54.05 million during the quarter, compared to the consensus estimate of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%.

Vinci Compass Investments Stock Performance

VINP opened at $9.51 on Friday. The company has a market capitalization of $622.14 million, a price-to-earnings ratio of 13.59 and a beta of 0.29. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58. Vinci Compass Investments has a 1-year low of $9.19 and a 1-year high of $13.61. The business has a 50 day moving average price of $9.73 and a two-hundred day moving average price of $10.33.

Vinci Compass Investments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, August 25th. This represents a $0.68 annualized dividend and a yield of 7.2%. Vinci Compass Investments’s payout ratio is presently 97.14%.

Insider Buying and Selling at Vinci Compass Investments

In other news, insider Fernando Lovisotto sold 11,818 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $10.33, for a total transaction of $122,079.94. Following the completion of the transaction, the insider owned 989,231 shares in the company, valued at approximately $10,218,756.23. This trade represents a 1.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Sergio Ribeiro sold 13,061 shares of Vinci Compass Investments stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $10.00, for a total transaction 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. This represents a 5.79% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 89,362 shares of company stock worth $885,008. 49.31% of the stock is owned by insiders.

Institutional Trading of Vinci Compass Investments

Large investors have recently added to or reduced their stakes in the business. XTX Topco Ltd acquired a new position in Vinci Compass Investments in the fourth quarter worth approximately $163,000. Trexquant Investment LP acquired a new stake in shares of Vinci Compass Investments during the 4th quarter valued at $248,000. FIL Ltd lifted its position in shares of Vinci Compass Investments by 5.9% during the 4th quarter. FIL Ltd now owns 135,971 shares of the company’s stock valued at $1,773,000 after acquiring an additional 7,618 shares during the last quarter. Marshall Wace LLP boosted its stake in shares of Vinci Compass Investments by 48.4% during the 4th quarter. Marshall Wace LLP now owns 79,760 shares of the company’s stock worth $1,040,000 after acquiring an additional 26,013 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Vinci Compass Investments by 15.0% during the 4th quarter. State Street Corp now owns 236,278 shares of the company’s stock worth $3,081,000 after acquiring an additional 30,904 shares in the last quarter. 34.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of Vinci Compass Investments from a “buy (b-)” rating to a “hold (c)” rating in a research note on Tuesday, June 16th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $14.00.

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.