Vinci Compass Investments (NASDAQ:VINP) Cut to “Hold” at Wall Street Zen

Wall Street Zen cut shares of Vinci Compass Investments (NASDAQ:VINP) from a buy rating to a hold rating in a research report sent to investors on Sunday morning.

Several other equities analysts also recently commented on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vinci Compass Investments in a research report on Thursday, October 30th. UBS Group upped their price objective on Vinci Compass Investments from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.50.

Vinci Compass Investments Stock Down 0.3%

Shares of NASDAQ:VINP opened at $13.20 on Friday. Vinci Compass Investments has a 52-week low of $8.66 and a 52-week high of $13.24. The company has a market capitalization of $845.46 million, a PE ratio of 28.09 and a beta of 0.11. The company has a debt-to-equity ratio of 0.44, a quick ratio of 6.68 and a current ratio of 6.68. The company has a fifty day moving average of $11.86 and a 200-day moving average of $10.58.

Vinci Compass Investments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, November 24th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, November 24th. This represents a $0.60 annualized dividend and a dividend yield of 4.5%. Vinci Compass Investments’s dividend payout ratio is presently 127.66%.

Hedge Funds Weigh In On Vinci Compass Investments

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Nomura Asset Management Co. Ltd. acquired a new stake in Vinci Compass Investments during the 2nd quarter valued at approximately $31,000. Russell Investments Group Ltd. bought a new stake in shares of Vinci Compass Investments in the 2nd quarter valued at $123,000. Citadel Advisors LLC acquired a new stake in shares of Vinci Compass Investments during the third quarter worth $159,000. Van ECK Associates Corp raised its stake 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 worth $162,000 after buying an additional 2,138 shares during the last quarter. Finally, Nuveen LLC bought a new position in Vinci Compass Investments during the first quarter worth $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.