Vinci Compass Investments Ltd. (NASDAQ:VINP) Declares $0.15 Quarterly Dividend

Vinci Compass Investments Ltd. (NASDAQ:VINP) declared a quarterly dividend on Thursday, November 13th. Stockholders of record on Monday, November 24th will be given a dividend of 0.15 per share on Tuesday, December 9th. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Monday, November 24th.

Vinci Compass Investments has a payout ratio of 68.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Vinci Compass Investments to earn $0.72 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 83.3%.

Vinci Compass Investments Stock Performance

VINP stock traded up $0.23 during trading on Friday, reaching $12.23. The company had a trading volume of 30,847 shares, compared to its average volume of 63,212. The company has a market cap of $783.01 million, a price-to-earnings ratio of 26.01 and a beta of 0.12. Vinci Compass Investments has a twelve month low of $8.66 and a twelve month high of $12.49. The company has a debt-to-equity ratio of 0.44, a quick ratio of 7.84 and a current ratio of 7.84. The firm has a 50-day simple moving average of $10.96 and a 200-day simple moving average of $10.17.

Analysts Set New Price Targets

A number of brokerages recently issued reports on VINP. UBS Group raised their target price on Vinci Compass Investments from $12.00 to $13.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vinci Compass Investments in a report on Thursday, October 30th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $13.33.

About Vinci Compass Investments

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.