Vinci Compass Investments (NASDAQ:VINP) Given New $15.00 Price Target at JPMorgan Chase & Co.

Vinci Compass Investments (NASDAQ:VINP) had its price objective boosted by JPMorgan Chase & Co. from $14.00 to $15.00 in a research note issued to investors on Monday morning,Benzinga reports. They currently have an overweight rating on the stock.

VINP has been the subject of several other research reports. UBS Group increased their price objective on shares of Vinci Compass Investments from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Wall Street Zen raised shares of Vinci Compass Investments from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Vinci Compass Investments in a research report on Monday, December 29th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $14.00.

Vinci Compass Investments Stock Performance

NASDAQ:VINP opened at $12.79 on Monday. Vinci Compass Investments has a 1-year low of $8.66 and a 1-year high of $13.61. The firm’s fifty day moving average price is $12.82 and its 200 day moving average price is $11.40. The firm has a market cap of $819.20 million, a price-to-earnings ratio of 27.21 and a beta of 0.11. The company has a debt-to-equity ratio of 0.44, a current ratio of 6.68 and a quick ratio of 6.68.

Vinci Compass Investments Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Investors of record on Monday, November 24th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, November 24th. This represents a $0.60 annualized dividend and a yield of 4.7%. Vinci Compass Investments’s payout ratio is 127.66%.

Hedge Funds Weigh In On Vinci Compass Investments

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. R Squared Ltd purchased a new position in Vinci Compass Investments in the second quarter valued at about $281,000. Pictet Asset Management Holding SA increased its holdings in Vinci Compass Investments by 276.3% during the 4th quarter. Pictet Asset Management Holding SA now owns 43,638 shares of the company’s stock worth $569,000 after purchasing an additional 32,042 shares during the last quarter. Deltec Asset Management LLC purchased a new position in shares of Vinci Compass Investments during the 4th quarter valued at approximately $331,000. Millennium Management LLC acquired a new stake in shares of Vinci Compass Investments during the third quarter worth approximately $197,000. Finally, Citadel Advisors LLC bought a new stake in shares of Vinci Compass Investments in the third quarter worth $159,000. 34.07% of the stock is owned by hedge funds and other institutional investors.

Vinci Compass 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. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.