Renaissance Technologies LLC Cuts Stock Position in Vinci Partners Investments Ltd. (NASDAQ:VINP)

Renaissance Technologies LLC decreased its holdings in shares of Vinci Partners Investments Ltd. (NASDAQ:VINP) by 11.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,432 shares of the company’s stock after selling 9,100 shares during the quarter. Renaissance Technologies LLC owned about 0.13% of Vinci Partners Investments worth $729,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Trexquant Investment LP purchased a new stake in shares of Vinci Partners Investments during the 4th quarter valued at about $233,000. Arrowstreet Capital Limited Partnership increased its stake in Vinci Partners Investments by 2,528.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 269,833 shares of the company’s stock worth $2,717,000 after acquiring an additional 259,569 shares during the last quarter. Commonwealth Equity Services LLC purchased a new stake in Vinci Partners Investments during the fourth quarter valued at approximately $104,000. Van ECK Associates Corp lifted its stake in shares of Vinci Partners Investments by 15.2% in the 4th quarter. Van ECK Associates Corp now owns 14,646 shares of the company’s stock valued at $147,000 after purchasing an additional 1,929 shares during the last quarter. Finally, State Street Corp boosted its holdings in shares of Vinci Partners Investments by 391.0% in the 3rd quarter. State Street Corp now owns 105,534 shares of the company’s stock worth $1,048,000 after purchasing an additional 84,040 shares during the period. Institutional investors own 34.07% of the company’s stock.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. decreased their price target on Vinci Partners Investments from $15.00 to $13.50 and set an “overweight” rating on the stock in a report on Tuesday.

Vinci Partners Investments Stock Performance

Vinci Partners Investments stock opened at $9.63 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 12.68 and a quick ratio of 12.68. The firm has a market capitalization of $517.89 million, a P/E ratio of 15.53 and a beta of 0.08. Vinci Partners Investments Ltd. has a 1-year low of $8.66 and a 1-year high of $11.62. The company’s 50-day moving average is $9.74 and its 200 day moving average is $10.05.

Vinci Partners Investments Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.23%. The ex-dividend date of this dividend was Thursday, March 13th. Vinci Partners Investments’s dividend payout ratio is currently 150.00%.

Vinci Partners Investments 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.