Vinci Compass Investments (NASDAQ:VINP) Hits New 52-Week High – Here’s Why

Vinci Compass Investments Ltd. (NASDAQ:VINP)’s stock price hit a new 52-week high on Monday . The stock traded as high as $13.45 and last traded at $13.39, with a volume of 13070 shares trading hands. The stock had previously closed at $13.03.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on VINP shares. UBS Group lifted their price objective on shares of Vinci Compass Investments from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vinci Compass Investments in a research report on Monday, December 29th. Finally, Wall Street Zen downgraded Vinci Compass Investments from a “buy” rating to a “hold” rating in a report on Sunday, December 14th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $13.50.

Vinci Compass Investments Stock Performance

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 company has a market cap of $858.78 million, a PE ratio of 28.42 and a beta of 0.11. The firm has a fifty day simple moving average of $12.35 and a 200-day simple moving average of $10.90.

Vinci Compass Investments Dividend Announcement

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

Institutional Investors Weigh In On Vinci Compass Investments

Hedge funds have recently made changes to their positions in the business. Nomura Asset Management Co. Ltd. purchased a new stake in Vinci Compass Investments during the 2nd quarter valued at approximately $31,000. Russell Investments Group Ltd. purchased a new stake in shares of Vinci Compass Investments during the second quarter worth approximately $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 lifted its holdings in shares of 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 purchasing an additional 2,138 shares during the period. Finally, Nuveen LLC purchased a new position in Vinci Compass Investments in the 1st quarter valued at $163,000. 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.