Key Points
- Insider sale: Fernando Lovisotto sold 5,245 VINP shares for approximately $56,279 under a pre-arranged Rule 10b5-1 plan, reducing his holdings by 0.54% to 969,258 shares.
- Financial performance: Vinci Compass Investments missed quarterly expectations, reporting $0.19 EPS versus the $0.21 consensus and revenue of $54.05 million versus estimates of $56.12 million.
- Dividend and outlook: The company pays a quarterly dividend of $0.17, equivalent to a 6.3% annualized yield, while analysts maintain a consensus “Hold” rating with a $14 average price target.
Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Fernando Lovisotto sold 5,245 shares of the firm's stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $10.73, for a total value of $56,278.85. Following the completion of the transaction, the insider owned 969,258 shares of the company's stock, valued at $10,400,138.34. This trade represents a 0.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Fernando Lovisotto also recently made the following trade(s):
- On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.44, for a total value of $122,649.12.
- On Friday, July 10th, Fernando Lovisotto sold 1,034 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.05, for a total value of $10,391.70.
Vinci Compass Investments Stock Up 0.8%
Shares of VINP stock opened at $10.84 on Thursday. Vinci Compass Investments Ltd. has a fifty-two week low of $9.13 and a fifty-two week high of $13.61. The firm has a market capitalization of $709.15 million, a PE ratio of 15.49 and a beta of 0.26. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58. The stock's 50-day simple moving average is $9.63 and its 200-day simple moving average is $10.01.
Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.21 by ($0.02). The firm had revenue of $54.05 million for the quarter, compared to analyst estimates of $56.12 million. Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. Equities analysts expect that Vinci Compass Investments Ltd. will post 0.8 earnings per share for the current year.
Vinci Compass Investments Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, August 25th. This represents a $0.68 dividend on an annualized basis and a yield of 6.3%. Vinci Compass Investments's dividend payout ratio (DPR) is currently 97.14%.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Engineers Gate Manager LP boosted its position in Vinci Compass Investments by 46.0% in the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company's stock worth $158,000 after purchasing an additional 5,129 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Vinci Compass Investments during the 2nd quarter worth approximately $54,000. Endure Capital Management LLC purchased a new position in shares of Vinci Compass Investments during the 1st quarter valued at approximately $3,531,000. Renaissance Technologies LLC increased its holdings in shares of Vinci Compass Investments by 12.2% during the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company's stock valued at $896,000 after purchasing an additional 9,264 shares in the last quarter. Finally, SPX Gestao de Recursos Ltda lifted its stake in shares of Vinci Compass Investments by 16.8% in the 1st quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company's stock valued at $49,291,000 after purchasing an additional 671,448 shares during the period. 34.07% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of analysts have recently weighed in on VINP shares. Zacks Research lowered shares of Vinci Compass Investments from a "hold" rating to a "strong sell" rating in a research note on Thursday, September 10th. JPMorgan Chase & Co. decreased their target price on shares of Vinci Compass Investments from $15.00 to $14.00 and set an "overweight" rating for the company in a research report on Thursday, September 10th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Vinci Compass Investments in a report on Friday, September 11th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $14.00.
Get Our Latest Stock Report on Vinci Compass Investments
About Vinci Compass Investments
(
Get Free Report)
Vinci Partners Investments Ltd. is an alternative investment platform focused primarily on Brazil and Latin America. The company provides investment management and advisory services to institutional investors, family offices, high-net-worth individuals and other clients through a range of private- and public-market strategies.
Its offerings have included private equity, infrastructure, real estate, private credit, hedge funds and public equities. Vinci also manages investment vehicles and provides related asset-management services designed to give clients access to Brazilian and other Latin American opportunities across multiple asset classes.
Founded in 2009, Vinci Partners is headquartered in Brazil and serves both domestic and international investors.
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