Vinci Partners Investments (NASDAQ:VINP) Price Target Lowered to $14.00 at JPMorgan Chase & Co.

Vinci Partners Investments (NASDAQ:VINP) had its target price reduced by investment analysts at JPMorgan Chase & Co. from $15.00 to $14.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 27.39% from the company’s current price.

Vinci Partners Investments Stock Performance

VINP traded down $0.02 during mid-day trading on Thursday, reaching $10.99. 46,572 shares of the company traded hands, compared to its average volume of 57,801. The stock has a market capitalization of $591.04 million, a P/E ratio of 13.57 and a beta of 0.11. The company has a quick ratio of 11.29, a current ratio of 11.29 and a debt-to-equity ratio of 0.44. The company’s fifty day moving average price is $10.82 and its 200-day moving average price is $10.89. Vinci Partners Investments has a 52-week low of $9.35 and a 52-week high of $11.85.

Vinci Partners Investments (NASDAQ:VINP) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. The firm had revenue of $22.03 million during the quarter, compared to analyst estimates of $22.01 million. Vinci Partners Investments had a return on equity of 17.86% and a net margin of 50.51%. During the same period in the prior year, the business posted $0.21 EPS. On average, sell-side analysts expect that Vinci Partners Investments will post 0.88 EPS for the current year.

Institutional Investors Weigh In On Vinci Partners Investments

A number of institutional investors have recently bought and sold shares of VINP. Grandeur Peak Global Advisors LLC boosted its holdings in shares of Vinci Partners Investments by 0.6% during the 1st quarter. Grandeur Peak Global Advisors LLC now owns 864,851 shares of the company’s stock valued at $9,773,000 after purchasing an additional 4,968 shares during the last quarter. UBS Group AG boosted its holdings in shares of Vinci Partners Investments by 15.5% during the 4th quarter. UBS Group AG now owns 596,245 shares of the company’s stock valued at $6,529,000 after purchasing an additional 79,945 shares during the last quarter. SPX Gestao de Recursos Ltda boosted its holdings in shares of Vinci Partners Investments by 231.1% during the 4th quarter. SPX Gestao de Recursos Ltda now owns 510,869 shares of the company’s stock valued at $5,594,000 after purchasing an additional 356,569 shares during the last quarter. JGP Global Gestao de Recursos Ltda. boosted its holdings in shares of Vinci Partners Investments by 85.3% during the 4th quarter. JGP Global Gestao de Recursos Ltda. now owns 30,300 shares of the company’s stock valued at $332,000 after purchasing an additional 13,950 shares during the last quarter. Finally, National Bank of Canada FI bought a new position in shares of Vinci Partners Investments during the 4th quarter valued at about $300,000. Hedge funds and other institutional investors own 34.07% of the company’s stock.

Vinci Partners 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.