Vinci Compass Investments (NASDAQ:VINP) Reaches New 1-Year High – Time to Buy?

Vinci Compass Investments Ltd. (NASDAQ:VINP) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $12.68 and last traded at $12.58, with a volume of 31455 shares traded. The stock had previously closed at $12.32.

Wall Street Analyst Weigh In

VINP has been the subject of a number of analyst reports. UBS Group increased their price target on Vinci Compass Investments from $12.00 to $13.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Wall Street Zen raised Vinci Compass Investments from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Vinci Compass Investments in a research report on Thursday, October 30th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $13.50.

Vinci Compass Investments Trading Up 2.5%

The company has a market cap of $808.63 million, a price-to-earnings ratio of 26.88 and a beta of 0.11. The firm has a 50-day moving average price of $11.58 and a 200 day moving average price of $10.45. The company has a current ratio of 6.68, a quick ratio of 6.68 and a debt-to-equity ratio of 0.44.

Vinci Compass Investments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 9th. Shareholders of record on Monday, November 24th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Monday, November 24th. Vinci Compass Investments’s payout ratio is currently 127.66%.

Institutional Trading of Vinci Compass Investments

A number of institutional investors and hedge funds have recently modified their holdings of VINP. Nomura Asset Management Co. Ltd. bought a new position in shares of Vinci Compass Investments in the 2nd quarter worth about $31,000. Russell Investments Group Ltd. bought a new stake in shares of Vinci Compass Investments during the 2nd quarter valued at about $123,000. Citadel Advisors LLC acquired a new stake in Vinci Compass Investments during the third quarter worth about $159,000. Van ECK Associates Corp lifted its holdings in Vinci Compass Investments by 16.6% in the third quarter. Van ECK Associates Corp now owns 15,055 shares of the company’s stock worth $162,000 after acquiring an additional 2,138 shares during the last quarter. Finally, Nuveen LLC acquired a new position in Vinci Compass Investments in the first quarter valued at approximately $163,000. 34.07% of the stock is owned by institutional investors and hedge funds.

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.