Key Points
- CFO Sergio Passos Ribeiro sold 1,701 shares on April 17 at $11.08 under a pre-arranged Rule 10b5-1 plan, leaving him with 315,893 shares (a ~0.54% decline).
- Multiple insiders sold roughly ~58,000 shares over recent days, which could add selling pressure to VINP’s stock even though many trades were conducted via scheduled 10b5-1 plans.
- Vinci raised its quarterly dividend to $0.17 (a 6.0% yield) despite a payout ratio of 111.48%, and the company recently missed quarterly estimates (EPS $0.23 vs $0.24; revenue $47.19M vs $51.84M).
Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) CFO Sergio Passos Ribeiro sold 1,701 shares of the stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $11.08, for a total value of $18,847.08. Following the completion of the transaction, the chief financial officer directly owned 315,893 shares of the company's stock, valued at $3,500,094.44. This represents a 0.54% decrease in their position. The sale was disclosed in a filing with the SEC, 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 Thursday, April 16th, Sergio Passos Ribeiro sold 2,717 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.94, for a total transaction of $29,723.98.
- On Wednesday, April 15th, Sergio Passos Ribeiro sold 2,590 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.61, for a total transaction of $27,479.90.
- On Tuesday, April 14th, Sergio Passos Ribeiro sold 1,421 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.73, for a total transaction of $15,247.33.
- On Monday, April 13th, Sergio Passos Ribeiro sold 1,890 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.54, for a total value of $19,920.60.
- On Friday, April 10th, Sergio Passos Ribeiro sold 269 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.70, for a total value of $2,878.30.
- On Thursday, April 9th, Sergio Passos Ribeiro sold 1,985 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.60, for a total value of $21,041.00.
- On Wednesday, April 8th, Sergio Passos Ribeiro sold 1,894 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.54, for a total value of $19,962.76.
- On Tuesday, April 7th, Sergio Passos Ribeiro sold 445 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.35, for a total value 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 value 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 value of $6,866.78.
Vinci Compass Investments Stock Performance
Shares of VINP opened at $11.29 on Tuesday. The company has a quick ratio of 6.68, a current ratio of 5.13 and a debt-to-equity ratio of 0.49. The business's 50 day moving average price is $11.16 and its 200-day moving average price is $11.87. Vinci Compass Investments Ltd. has a 52 week low of $9.09 and a 52 week high of $13.61. The stock has a market cap of $723.12 million, a P/E ratio of 18.51 and a beta of 0.23.
Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last posted its quarterly earnings results on Thursday, March 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.01). The company had revenue of $47.19 million during the quarter, compared to analysts' expectations of $51.84 million. Vinci Compass Investments had a return on equity of 14.24% and a net margin of 22.89%. Equities research analysts anticipate that Vinci Compass Investments Ltd. will post 0.89 earnings per share for the current fiscal year.
Vinci Compass Investments Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Thursday, March 19th were given a $0.17 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $0.68 annualized dividend and a dividend yield of 6.0%. This is a boost from Vinci Compass Investments's previous quarterly dividend of $0.15. Vinci Compass Investments's payout ratio is presently 111.48%.
Key Stories Impacting Vinci Compass Investments
Here are the key news stories impacting Vinci Compass Investments this week:
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on VINP shares. JPMorgan Chase & Co. lifted their price target on Vinci Compass Investments from $14.00 to $15.00 and gave the stock 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. Zacks Research raised shares of Vinci Compass Investments to a "hold" rating in a research report on Thursday, April 16th. 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 research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $14.00.
Read Our Latest Stock Analysis on Vinci Compass Investments
Institutional Trading of Vinci Compass Investments
A number of hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC increased its position in Vinci Compass Investments by 6.7% during the fourth quarter. Geode Capital Management LLC now owns 30,116 shares of the company's stock valued at $393,000 after acquiring an additional 1,896 shares during the last quarter. Van ECK Associates Corp grew its position in Vinci Compass Investments by 16.6% during the third 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 period. Mondrian Investment Partners LTD bought a new stake in Vinci Compass Investments during the fourth quarter valued at approximately $37,000. Renaissance Technologies LLC grew its position in Vinci Compass Investments by 4.9% during the fourth 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 period. Finally, R Squared Ltd grew its position in Vinci Compass Investments by 10.6% during the fourth 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 period. Hedge funds and other institutional investors own 34.07% of the company's stock.
Vinci Compass Investments Company Profile
(
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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