Vinci Partners Investments (NASDAQ:VINP) PT Raised to $15.00 at JPMorgan Chase & Co.

Vinci Partners Investments (NASDAQ:VINP) had its target price increased by research analysts at JPMorgan Chase & Co. from $14.00 to $15.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 38.89% from the stock’s current price.

A number of other brokerages also recently commented on VINP. The Goldman Sachs Group lowered their price objective on Vinci Partners Investments from $17.00 to $15.00 and set a “buy” rating for the company in a research note on Wednesday, January 24th. TheStreet upgraded Vinci Partners Investments from a “c” rating to a “b” rating in a research note on Wednesday, February 14th.

Vinci Partners Investments Price Performance

Shares of VINP opened at $10.80 on Friday. The company has a market cap of $594.86 million, a P/E ratio of 14.21 and a beta of 0.07. The stock has a fifty day moving average price of $11.05 and a 200 day moving average price of $10.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 8.31 and a quick ratio of 6.91. Vinci Partners Investments has a 12 month low of $7.70 and a 12 month high of $11.85.

Vinci Partners Investments (NASDAQ:VINP) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. The firm had revenue of $25.33 million during the quarter, compared to the consensus estimate of $23.16 million. Vinci Partners Investments had a return on equity of 18.79% and a net margin of 48.49%. On average, research analysts forecast that Vinci Partners Investments will post 0.89 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. JGP Global Gestao de Recursos Ltda. acquired a new stake in shares of Vinci Partners Investments in the third quarter valued at $167,000. Acadian Asset Management LLC acquired a new stake in shares of Vinci Partners Investments in the third quarter valued at $227,000. Matthews International Capital Management LLC lifted its holdings in shares of Vinci Partners Investments by 7.9% in the third quarter. Matthews International Capital Management LLC now owns 144,334 shares of the company’s stock valued at $1,472,000 after buying an additional 10,625 shares during the period. Quadrature Capital Ltd acquired a new stake in shares of Vinci Partners Investments in the second quarter valued at $132,000. Finally, Jane Street Group LLC acquired a new stake in shares of Vinci Partners Investments in the second quarter valued at $113,000. Institutional investors own 34.07% of the company’s stock.

Vinci Partners Investments Company Profile

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.