Vinci Partners Investments (NASDAQ:VINP) Sees Unusually-High Trading Volume

Vinci Partners Investments Ltd. (NASDAQ:VINP) shares saw strong trading volume on Monday . 429,810 shares were traded during mid-day trading, an increase of 640% from the previous session’s volume of 58,097 shares.The stock last traded at $10.08 and had previously closed at $10.79.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. cut their price target on Vinci Partners Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a report on Thursday, July 11th.

Vinci Partners Investments Price Performance

The business’s 50 day moving average price is $10.90 and its 200-day moving average price is $10.89. The company has a debt-to-equity ratio of 0.44, a current ratio of 11.29 and a quick ratio of 11.29. The company has a market cap of $545.86 million, a P/E ratio of 12.53 and a beta of 0.11.

Vinci Partners Investments (NASDAQ:VINP) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19. Vinci Partners Investments had a return on equity of 17.86% and a net margin of 50.51%. The business had revenue of $22.03 million for the quarter, compared to analysts’ expectations of $22.01 million. During the same quarter last year, the business earned $0.21 earnings per share. On average, analysts anticipate that Vinci Partners Investments Ltd. will post 0.69 earnings per share for the current fiscal year.

Vinci Partners Investments Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Thursday, May 23rd were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 6.70%. The ex-dividend date was Wednesday, May 22nd. Vinci Partners Investments’s dividend payout ratio is currently 83.95%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Absolute Gestao de Investimentos Ltda. bought a new position in Vinci Partners Investments in the first quarter valued at approximately $217,000. Quadrature Capital Ltd acquired a new stake in shares of Vinci Partners Investments during the fourth quarter worth $229,000. National Bank of Canada FI bought a new stake in Vinci Partners Investments in the 4th quarter valued at $300,000. SPX Gestao de Recursos Ltda boosted its stake in Vinci Partners Investments by 231.1% in the 4th quarter. SPX Gestao de Recursos Ltda now owns 510,869 shares of the company’s stock worth $5,594,000 after purchasing an additional 356,569 shares during the period. Finally, UBS Group AG increased its holdings in Vinci Partners Investments by 15.5% during the 4th quarter. UBS Group AG now owns 596,245 shares of the company’s stock worth $6,529,000 after purchasing an additional 79,945 shares in the last quarter. 34.07% of the stock is owned by institutional investors and hedge funds.

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.