Key Points
- Insider Fernando Lovisotto sold 4,864 VINP shares for approximately $54,428 under a pre-arranged Rule 10b5-1 trading plan, reducing his ownership by 0.52% to 935,926 shares.
- The sale was part of a broader series of transactions in October, with Lovisotto selling more than 55,000 shares over several trading days.
- VINP offers a 6.2% dividend yield, but its latest quarterly results missed analyst estimates, and Wall Street’s consensus rating remains “Hold” with a $14 average price target.
Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Fernando Lovisotto sold 4,864 shares of the company's stock in a transaction on Tuesday, October 13th. The stock was sold at an average price of $11.19, for a total value of $54,428.16. Following the completion of the sale, the insider owned 935,926 shares of the company's stock, valued at $10,473,011.94. This represents a 0.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Fernando Lovisotto also recently made the following trade(s):
- On Wednesday, October 14th, Fernando Lovisotto sold 5,511 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.87, for a total value of $59,904.57.
- On Friday, October 9th, Fernando Lovisotto sold 12,533 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.34, for a total value of $142,124.22.
- On Monday, October 12th, Fernando Lovisotto sold 8,988 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.47, for a total value of $103,092.36.
- On Thursday, October 8th, Fernando Lovisotto sold 4,316 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.95, for a total value of $47,260.20.
- On Wednesday, October 7th, Fernando Lovisotto sold 2,632 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.71, for a total value of $28,188.72.
- On Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.73, for a total value of $56,278.85.
- On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.44, for a total value of $122,649.12.
Vinci Compass Investments Stock Up 1.1%
NASDAQ:VINP opened at $10.95 on Friday. Vinci Compass Investments Ltd. has a 1-year low of $9.13 and a 1-year high of $13.61. The company has a 50-day moving average of $9.78 and a 200 day moving average of $10.05. The firm has a market cap of $716.35 million, a PE ratio of 15.64 and a beta of 0.26. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58.
Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last posted 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 business had revenue of $54.05 million for the quarter, compared to analysts' expectations of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. As a group, research analysts anticipate that Vinci Compass Investments Ltd. will post 0.80 EPS for the current fiscal year.
Vinci Compass Investments Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments's dividend payout ratio is presently 97.14%.
Hedge Funds Weigh In On Vinci Compass Investments
Several institutional investors and hedge funds have recently added to or reduced their stakes in VINP. Public Employees Retirement System of Ohio bought a new position in Vinci Compass Investments in the second quarter worth about $54,000. Engineers Gate Manager LP lifted its position in shares of Vinci Compass Investments by 46.0% during the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company's stock valued at $158,000 after buying an additional 5,129 shares during the last quarter. R Squared Ltd boosted its holdings in shares of Vinci Compass Investments by 6.4% in the 1st quarter. R Squared Ltd now owns 52,686 shares of the company's stock valued at $556,000 after buying an additional 3,153 shares in the last quarter. Deltec Asset Management LLC boosted its holdings in shares of Vinci Compass Investments by 136.1% in the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company's stock valued at $632,000 after buying an additional 34,553 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of Vinci Compass Investments by 12.2% in the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company's stock valued at $896,000 after buying an additional 9,264 shares in the last quarter. Hedge funds and other institutional investors own 34.07% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on VINP shares. Weiss Ratings lowered shares of Vinci Compass Investments from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, October 8th. Zacks Research downgraded shares of Vinci Compass Investments from a "hold" rating to a "strong sell" rating in a research note on Thursday, September 10th. Finally, JPMorgan Chase & Co. cut their price target on Vinci Compass Investments from $15.00 to $14.00 and set an "overweight" rating on the stock in a report on Thursday, September 10th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Vinci Compass Investments has a consensus rating of "Hold" and an average target price of $14.00.
Check Out Our Latest Report on Vinci Compass Investments
Vinci Compass Investments Company Profile
(
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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