Vinci Compass Investments (NASDAQ:VINP) Sees Strong Trading Volume – Here’s What Happened

Vinci Compass Investments Ltd. (NASDAQ:VINP) shares saw strong trading volume on Monday . 88,606 shares traded hands during mid-day trading, an increase of 94% from the previous session’s volume of 45,689 shares.The stock last traded at $12.4260 and had previously closed at $12.78.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on VINP. JPMorgan Chase & Co. boosted their price target on Vinci Compass Investments from $14.00 to $15.00 and gave the company an “overweight” rating in a research note on Monday, February 2nd. Weiss Ratings cut shares of Vinci Compass Investments from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Finally, Wall Street Zen upgraded shares of Vinci Compass Investments from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $14.00.

Vinci Compass Investments Stock Down 4.0%

The company has a quick ratio of 6.68, a current ratio of 6.68 and a debt-to-equity ratio of 0.44. The business has a 50-day simple moving average of $12.80 and a 200-day simple moving average of $11.65. The stock has a market cap of $785.57 million, a P/E ratio of 26.10 and a beta of 0.11.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. SPX Gestao de Recursos Ltda boosted its holdings in Vinci Compass Investments by 7.4% during the third quarter. SPX Gestao de Recursos Ltda now owns 4,038,396 shares of the company’s stock valued at $43,413,000 after acquiring an additional 278,612 shares during the period. Samlyn Capital LLC boosted its stake in Vinci Compass Investments by 3.5% during the 3rd quarter. Samlyn Capital LLC now owns 2,335,754 shares of the company’s stock valued at $25,109,000 after purchasing an additional 79,538 shares during the period. JPMorgan Chase & Co. grew its holdings in Vinci Compass Investments by 12.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 334,743 shares of the company’s stock valued at $3,598,000 after buying an additional 38,154 shares during the last quarter. State Street Corp increased its position in Vinci Compass Investments by 15.0% in the 4th quarter. State Street Corp now owns 236,278 shares of the company’s stock worth $3,081,000 after buying an additional 30,904 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Vinci Compass Investments by 266.6% during the first quarter. Goldman Sachs Group Inc. now owns 172,866 shares of the company’s stock worth $1,749,000 after buying an additional 125,711 shares during the last quarter. Institutional investors and hedge funds own 34.07% of the company’s stock.

Vinci Compass Investments Company Profile

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. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.