Vinci Partners Investments (NASDAQ:VINP) Downgraded by Zacks Investment Research to Hold

Vinci Partners Investments (NASDAQ:VINPGet Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, Zacks.com reports.

According to Zacks, “Vinci Partners Investments Ltd. provides an alternative investment platform principally in Brazil. The company’s business segments include private equity, public equities, real estate, credit, infrastructure, hedge funds, and investment products and solutions. It also offers financial advisory business. Vinci Partners Investments Ltd. is based in RIO DE JANEIRO. “

Shares of NASDAQ:VINP traded up $0.08 during trading on Wednesday, reaching $11.08. 228 shares of the stock were exchanged, compared to its average volume of 56,439. The company has a debt-to-equity ratio of 0.04, a quick ratio of 16.20 and a current ratio of 16.20. Vinci Partners Investments has a 12-month low of $9.65 and a 12-month high of $16.00. The firm has a market cap of $615.12 million, a price-to-earnings ratio of 16.29 and a beta of -0.21. The firm’s 50-day moving average price is $12.61 and its 200 day moving average price is $12.15.

Vinci Partners Investments (NASDAQ:VINPGet Rating) last issued its earnings results on Thursday, February 24th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.02. The business had revenue of $20.64 million during the quarter, compared to analysts’ expectations of $21.39 million. Vinci Partners Investments had a return on equity of 15.14% and a net margin of 45.66%. As a group, equities research analysts forecast that Vinci Partners Investments will post 1.07 EPS for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in the business. State Street Corp raised its position in shares of Vinci Partners Investments by 3.0% in the 1st quarter. State Street Corp now owns 41,411 shares of the company’s stock valued at $574,000 after purchasing an additional 1,220 shares in the last quarter. Two Sigma Advisers LP raised its position in shares of Vinci Partners Investments by 14.2% in the 3rd quarter. Two Sigma Advisers LP now owns 13,700 shares of the company’s stock valued at $179,000 after purchasing an additional 1,700 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Vinci Partners Investments by 22.0% during the 4th quarter. Wells Fargo & Company MN now owns 11,100 shares of the company’s stock valued at $119,000 after acquiring an additional 2,000 shares in the last quarter. Schonfeld Strategic Advisors LLC raised its position in shares of Vinci Partners Investments by 5.9% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 90,000 shares of the company’s stock valued at $963,000 after acquiring an additional 5,000 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new stake in shares of Vinci Partners Investments during the 4th quarter valued at approximately $70,000. 21.76% of the stock is currently owned by institutional investors.

About Vinci Partners Investments (Get Rating)

Vinci Partners Investments Ltd. operates as an asset management platform in Brazil. Its portfolio of investment products and solutions covers private equity, infrastructures, real estate, credit, public equities, hedge funds, and investment products and solutions to institutional and HNWI clients. The company also offers financial and strategic advisory services, focusing primarily on IPO advisory and mergers and acquisition transactions on the sell side or the buy side to entrepreneurs, corporate management teams, and/or boards of directors.

Further Reading

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