Vinci Compass Investments’ (VINP) Hold (C+) Rating Reiterated at Weiss Ratings

Weiss Ratings reiterated their hold (c+) rating on shares of Vinci Compass Investments (NASDAQ:VINP) in a report published on Thursday morning,Weiss Ratings reports.

Several other equities analysts also recently commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Vinci Compass Investments from $13.50 to $14.00 and gave the company an “overweight” rating in a research note on Wednesday, July 16th. UBS Group increased their price objective on shares of Vinci Compass Investments from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.33.

Vinci Compass Investments Stock Up 1.5%

Shares of VINP stock opened at $11.53 on Thursday. The firm has a market capitalization of $738.50 million, a P/E ratio of 24.53 and a beta of 0.12. The company has a current ratio of 7.84, a quick ratio of 7.84 and a debt-to-equity ratio of 0.44. The firm’s fifty day moving average price is $10.63 and its two-hundred day moving average price is $10.02. Vinci Compass Investments has a 1 year low of $8.66 and a 1 year high of $11.59.

Vinci Compass Investments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, August 25th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, August 25th. This represents a $0.60 annualized dividend and a dividend yield of 5.2%. Vinci Compass Investments’s dividend payout ratio (DPR) is presently 127.66%.

Institutional Investors Weigh In On Vinci Compass Investments

Several large investors have recently modified their holdings of the company. Russell Investments Group Ltd. acquired a new stake in shares of Vinci Compass Investments during the second quarter worth $123,000. Nomura Asset Management Co. Ltd. acquired a new stake in shares of Vinci Compass Investments during the second quarter worth $31,000. R Squared Ltd acquired a new stake in shares of Vinci Compass Investments during the second quarter worth $281,000. Goldman Sachs Group Inc. increased its position in shares of Vinci Compass Investments by 266.6% during the first quarter. Goldman Sachs Group Inc. now owns 172,866 shares of the company’s stock worth $1,749,000 after buying an additional 125,711 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of Vinci Compass Investments during the first quarter worth $163,000. 34.07% of the stock is currently owned by institutional investors and hedge funds.

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.