Vinci Compass Investments (NASDAQ:VINP) Stock: Insider Fernando Lovisotto Sells 5,245 Shares

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 5,245 shares of the firm’s stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $10.73, for a total value of $56,278.85. Following the transaction, the insider owned 969,258 shares of the company’s stock, valued at $10,400,138.34. This trade represents a 0.54% 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.

Fernando Lovisotto also recently made the following trade(s):

• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.44, for a total value of $122,649.12.
• On Friday, July 10th, Fernando Lovisotto sold 1,034 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.05, for a total value of $10,391.70.

Vinci Compass Investments Stock Performance

Vinci Compass Investments stock opened at $11.00 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58. The stock has a fifty day moving average price of $9.65 and a two-hundred day moving average price of $10.02. Vinci Compass Investments Ltd. has a 52-week low of $9.13 and a 52-week high of $13.61. The firm has a market capitalization of $719.62 million, a P/E ratio of 15.71 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last issued 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). The firm had revenue of $54.05 million during the quarter, compared to analyst estimates of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. As a group, analysts anticipate that Vinci Compass Investments Ltd. will post 0.8 EPS for the current fiscal year.

Vinci Compass Investments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio is currently 97.14%.

Institutional Investors Weigh In On Vinci Compass Investments

A number of hedge funds have recently added to or reduced their stakes in the stock. R Squared Ltd grew its stake in shares of Vinci Compass Investments by 6.4% during the first quarter. R Squared Ltd now owns 52,686 shares of the company’s stock valued at $556,000 after purchasing an additional 3,153 shares during the last quarter. Engineers Gate Manager LP raised its position in Vinci Compass Investments by 46.0% in the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after purchasing an additional 5,129 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in Vinci Compass Investments in the 2nd quarter worth approximately $54,000. Renaissance Technologies LLC lifted its holdings in 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 in the last quarter. Finally, Deltec Asset Management LLC lifted its holdings in Vinci Compass Investments by 136.1% during the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock worth $632,000 after buying an additional 34,553 shares in the last quarter. Institutional investors own 34.07% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Vinci Compass Investments in a research note on Friday, September 11th. Zacks Research lowered Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. Finally, JPMorgan Chase & Co. cut their price objective 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 research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $14.00.

About Vinci Compass Investments

Vinci Partners Investments Ltd. is an alternative investment platform focused primarily on Brazil and Latin America. The company provides investment management and advisory services to institutional investors, family offices, high-net-worth individuals and other clients through a range of private- and public-market strategies.

Its offerings have included private equity, infrastructure, real estate, private credit, hedge funds and public equities. Vinci also manages investment vehicles and provides related asset-management services designed to give clients access to Brazilian and other Latin American opportunities across multiple asset classes.

Founded in 2009, Vinci Partners is headquartered in Brazil and serves both domestic and international investors.