Vinci Partners Investments (NASDAQ:VINP) Sees Unusually-High Trading Volume

Vinci Partners Investments Ltd. (NASDAQ:VINP) saw an uptick in trading volume on Monday . 429,810 shares were traded during trading, an increase of 640% from the previous session’s volume of 58,097 shares.The stock last traded at $10.08 and had previously closed at $10.79.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reduced their price objective on Vinci Partners Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a research note on Thursday, July 11th.

Vinci Partners Investments Price Performance

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 stock’s 50 day moving average price is $10.90 and its two-hundred day moving average price is $10.89. The stock has a market cap of $545.86 million, a price-to-earnings ratio of 12.53 and a beta of 0.11.

Vinci Partners Investments (NASDAQ:VINP) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. The company had revenue of $22.03 million for the quarter, compared to the consensus estimate 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 last year, the firm earned $0.21 EPS. Equities research analysts forecast that Vinci Partners Investments Ltd. will post 0.69 EPS for the current fiscal year.

Vinci Partners Investments Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Thursday, May 23rd were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 6.70%. The ex-dividend date was Wednesday, May 22nd. Vinci Partners Investments’s payout ratio is presently 83.95%.

Institutional Trading of Vinci Partners Investments

A number of hedge funds have recently added to or reduced their stakes in the company. Absolute Gestao de Investimentos Ltda. acquired a new position in shares of Vinci Partners Investments during the 1st quarter worth approximately $217,000. Quadrature Capital Ltd acquired a new position in Vinci Partners Investments during the fourth quarter worth $229,000. National Bank of Canada FI purchased a new stake in Vinci Partners Investments in the 4th quarter valued at $300,000. SPX Gestao de Recursos Ltda grew its holdings in shares of Vinci Partners Investments by 231.1% in the fourth 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 period. Finally, UBS Group AG grew its stake in shares of Vinci Partners Investments by 15.5% in the 4th quarter. UBS Group AG now owns 596,245 shares of the company’s stock valued at $6,529,000 after buying an additional 79,945 shares during the period. 34.07% of the stock is owned by hedge funds and other institutional investors.

About Vinci Partners Investments

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.