Vinci Compass Investments Ltd. Declares Quarterly Dividend of $0.17 (NASDAQ:VINP)

Vinci Compass Investments Ltd. (NASDAQ:VINP) declared a quarterly dividend on Tuesday, August 11th. Investors of record on Tuesday, August 25th will be paid a dividend of 0.17 per share on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date is Tuesday, August 25th.

Vinci Compass Investments has a dividend payout ratio of 77.3% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities research analysts expect Vinci Compass Investments to earn $1.16 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 58.6%.

Vinci Compass Investments Stock Performance

VINP traded down $0.35 during trading on Wednesday, hitting $9.55. 39,150 shares of the company traded hands, compared to its average volume of 68,416. The firm has a market cap of $624.78 million, a P/E ratio of 12.91 and a beta of 0.30. The stock’s fifty day moving average is $9.80 and its 200 day moving average is $10.70. The company has a quick ratio of 5.08, a current ratio of 5.08 and a debt-to-equity ratio of 0.46. Vinci Compass Investments has a one year low of $9.22 and a one year high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The company had revenue of $54.05 million for the quarter, compared to analysts’ expectations of $56.12 million. Vinci Compass Investments had a return on equity of 13.73% and a net margin of 26.75%. As a group, equities analysts predict that Vinci Compass Investments will post 0.9 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Zacks Research upgraded shares of Vinci Compass Investments to a “hold” rating in a research note on Thursday, April 16th. Weiss Ratings lowered Vinci Compass Investments from a “buy (b-)” rating to a “hold (c)” rating in a research note on Tuesday, June 16th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $14.00.

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.