Vinci Compass Investments (NASDAQ:VINP) Stock Price Target Cut by UBS Group

Vinci Compass Investments (NASDAQ:VINP) had its target price decreased by analysts at UBS Group from $12.00 to $10.50 in a report released on Monday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group‘s price objective indicates a potential upside of 18.38% from the stock’s current price.

Other research analysts have also issued research reports about the stock. JPMorgan Chase & Co. dropped their price objective on shares of Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a report on Thursday, September 10th. Weiss Ratings lowered shares of Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday. Finally, Zacks Research cut shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $12.25.

Vinci Compass Investments Price Performance

VINP stock traded up $0.26 during mid-day trading on Monday, hitting $8.87. The stock had a trading volume of 90,054 shares, compared to its average volume of 73,150. The firm has a fifty day simple moving average of $9.82 and a 200 day simple moving average of $10.42. The company has a current ratio of 3.58, a quick ratio of 3.58 and a debt-to-equity ratio of 0.38. Vinci Compass Investments has a 52 week low of $8.40 and a 52 week high of $13.61. The firm has a market capitalization of $580.29 million, a P/E ratio of 12.67 and a beta of 0.31.

Vinci Compass Investments (NASDAQ:VINP) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.02). The business had revenue of $54.05 million during the quarter, compared to the consensus estimate of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. As a group, research analysts forecast that Vinci Compass Investments will post 0.75 EPS for the current year.

Insider Buying and Selling at Vinci Compass Investments

In related news, insider Augusto Zaremba sold 21,222 shares of Vinci Compass Investments stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $11.34, for a total transaction of $240,657.48. Following the transaction, the insider owned 1,016,742 shares of the company’s stock, valued at $11,529,854.28. The trade was a 2.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fernando Lovisotto sold 14,086 shares of the company’s stock in a transaction on Monday, October 19th. The stock was sold at an average price of $10.95, for a total transaction of $154,241.70. Following the completion of the sale, the insider owned 908,430 shares of the company’s stock, valued at approximately $9,947,308.50. The trade was a 1.53% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 241,712 shares of company stock worth $2,694,007. Corporate insiders own 49.31% of the company’s stock.

Institutional Trading of Vinci Compass Investments

Several hedge funds have recently added to or reduced their stakes in the stock. Pictet Asset Management Holding SA grew its stake in shares of Vinci Compass Investments by 35.1% during the 3rd quarter. Pictet Asset Management Holding SA now owns 48,978 shares of the company’s stock worth $458,000 after acquiring an additional 12,712 shares during the period. Pension & Wealth Management Advisors Inc. boosted its position in shares of Vinci Compass Investments by 6.3% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 42,565 shares of the company’s stock valued at $398,000 after acquiring an additional 2,541 shares during the period. Engineers Gate Manager LP boosted its holdings in Vinci Compass Investments by 46.0% in the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock valued at $158,000 after purchasing an additional 5,129 shares during the period. Public Employees Retirement System of Ohio bought a new stake in Vinci Compass Investments during the second quarter valued at $54,000. Finally, Endure Capital Management LLC bought a new position in Vinci Compass Investments in the 1st quarter worth about $3,531,000. Institutional investors own 34.07% of the company’s stock.

Vinci Compass Investments Company Profile

Vinci Compass Investments Ltd. is an alternative investment platform focused on Latin America. The company manages capital for institutional investors, family offices, high-net-worth individuals and other clients through a range of public- and private-market strategies.

Its investment activities include private equity, infrastructure, real estate, private credit, hedge funds, equities, fixed income and other customized investment solutions. Through its Vinci and Compass businesses, the company provides asset management and advisory services designed to give clients access to opportunities across Brazil and other Latin American markets.

Vinci Partners, the company’s principal operating business, was founded in Brazil in 2009.