Key Points
- Insider selling: Fernando Lovisotto sold 3,950 shares on April 14 at an average $10.73 under a Rule 10b5-1 plan, part of a string of sales in early April that modestly trimmed his stake to ~1,162,471 shares (a 0.34% reduction).
- Dividend hike with high payout: Vinci Compass raised its quarterly dividend to $0.17 (annualized $0.68) for a ~6.3% yield, but the dividend payout ratio is elevated at 111.48%.
- Operational and market context: the company missed quarterly revenue and EPS expectations (EPS $0.23 vs $0.24 est.; revenue $47.19M vs $51.84M est.), the stock trades below its 50- and 200-day SMAs around $10.76, and analysts hold a mixed view with a consensus target of about $14 (average "Moderate Buy").
Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) CFO Sergio Passos Ribeiro sold 1,421 shares of the stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $10.73, for a total transaction of $15,247.33. Following the completion of the transaction, the chief financial officer owned 322,901 shares of the company's stock, valued at $3,464,727.73. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Sergio Passos Ribeiro also recently made the following trade(s):
- On Monday, April 13th, Sergio Passos Ribeiro sold 1,890 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.54, for a total transaction of $19,920.60.
- On Friday, April 10th, Sergio Passos Ribeiro sold 269 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.70, for a total transaction of $2,878.30.
- On Thursday, April 9th, Sergio Passos Ribeiro sold 1,985 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.60, for a total transaction of $21,041.00.
- On Wednesday, April 8th, Sergio Passos Ribeiro sold 1,894 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.54, for a total transaction of $19,962.76.
- On Tuesday, April 7th, Sergio Passos Ribeiro sold 445 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.35, for a total transaction of $4,605.75.
- On Monday, April 6th, Sergio Passos Ribeiro sold 1,470 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.54, for a total transaction of $15,493.80.
- On Thursday, April 2nd, Sergio Passos Ribeiro sold 659 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.42, for a total transaction of $6,866.78.
- On Wednesday, April 1st, Sergio Passos Ribeiro sold 1,325 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.61, for a total transaction of $14,058.25.
- On Tuesday, March 31st, Sergio Passos Ribeiro sold 1,832 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.43, for a total transaction of $19,107.76.
- On Monday, March 30th, Sergio Passos Ribeiro sold 2,252 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.07, for a total transaction of $22,677.64.
Vinci Compass Investments Trading Down 0.4%
Shares of NASDAQ:VINP opened at $10.76 on Thursday. The stock has a market capitalization of $689.18 million, a price-to-earnings ratio of 17.64 and a beta of 0.23. Vinci Compass Investments Ltd. has a 1-year low of $9.09 and a 1-year high of $13.61. The company has a debt-to-equity ratio of 0.49, a quick ratio of 6.68 and a current ratio of 5.13. The company has a 50 day moving average price of $11.23 and a 200 day moving average price of $11.85.
Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last issued its earnings results on Thursday, March 5th. The company reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by ($0.01). The business had revenue of $47.19 million for the quarter, compared to the consensus estimate of $51.84 million. Vinci Compass Investments had a return on equity of 14.24% and a net margin of 22.89%. On average, research analysts anticipate that Vinci Compass Investments Ltd. will post 0.6 EPS for the current fiscal year.
Vinci Compass Investments Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Investors of record on Thursday, March 19th were given a $0.17 dividend. This is a boost from Vinci Compass Investments's previous quarterly dividend of $0.15. The ex-dividend date was Thursday, March 19th. This represents a $0.68 annualized dividend and a dividend yield of 6.3%. Vinci Compass Investments's payout ratio is currently 111.48%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Geode Capital Management LLC raised its holdings in shares of Vinci Compass Investments by 6.7% during the 4th quarter. Geode Capital Management LLC now owns 30,116 shares of the company's stock valued at $393,000 after purchasing an additional 1,896 shares in the last quarter. Van ECK Associates Corp grew its stake in Vinci Compass Investments by 16.6% in the 3rd quarter. Van ECK Associates Corp now owns 15,055 shares of the company's stock valued at $162,000 after buying an additional 2,138 shares during the last quarter. Mondrian Investment Partners LTD acquired a new position in Vinci Compass Investments in the 4th quarter valued at $37,000. Renaissance Technologies LLC grew its stake in Vinci Compass Investments by 4.9% in the 4th quarter. Renaissance Technologies LLC now owns 75,636 shares of the company's stock valued at $986,000 after buying an additional 3,504 shares during the last quarter. Finally, R Squared Ltd grew its stake in Vinci Compass Investments by 10.6% in the 4th quarter. R Squared Ltd now owns 49,533 shares of the company's stock valued at $646,000 after buying an additional 4,732 shares during the last quarter. Institutional investors own 34.07% of the company's stock.
Vinci Compass Investments News Roundup
Here are the key news stories impacting Vinci Compass Investments this week:
- Neutral Sentiment: CFO Sergio Passos Ribeiro sold 1,421 shares on April 14 at an average $10.73 under a pre-arranged Rule 10b5-1 plan; his holdings remain large (~322,901 shares). SEC Filing
- Neutral Sentiment: CFO Sergio Passos Ribeiro sold 1,890 shares on April 13 at an average $10.54 under a Rule 10b5-1 plan; this was a small (~0.58%) reduction in his stake. SEC Filing
- Neutral Sentiment: Insider Fernando Lovisotto sold 3,950 shares on April 14 at an average $10.73 via a Rule 10b5-1 plan; he continues to hold a large position (~1.16M shares). SEC Filing
- Neutral Sentiment: Fernando Lovisotto sold 5,249 shares on April 13 at an average $10.54 under a 10b5-1 plan; this represents a modest reduction in ownership. SEC Filing
- Neutral Sentiment: Insider Bruno Augusto Sacchi Zaremba sold 6,105 shares on April 14 at an average $10.75 via a Rule 10b5-1 plan; he still holds a sizeable stake (~1.24M shares). SEC Filing
Analyst Ratings Changes
VINP has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their price target on shares of Vinci Compass Investments from $14.00 to $15.00 and gave the company an "overweight" rating in a research report on Monday, February 2nd. Weiss Ratings downgraded shares of Vinci Compass Investments from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, February 20th. Finally, Wall Street Zen downgraded shares of Vinci Compass Investments from a "buy" rating to a "hold" rating in a research report on Saturday, March 7th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $14.00.
Get Our Latest Research Report on VINP
About Vinci Compass Investments
(
Get Free Report)
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.
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