Vinci Partners Investments (NASDAQ:VINP) Sees Large Volume Increase – Time to Buy?

Vinci Partners Investments Ltd. (NASDAQ:VINP) shares saw an uptick in trading volume on Wednesday . 91,813 shares traded hands during mid-day trading, an increase of 20% from the previous session’s volume of 76,641 shares.The stock last traded at $9.71 and had previously closed at $9.50.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group reaffirmed a “buy” rating and set a $13.00 price target on shares of Vinci Partners Investments in a research note on Thursday, December 5th.

Vinci Partners Investments Price Performance

The company has a current ratio of 12.68, a quick ratio of 12.68 and a debt-to-equity ratio of 0.51. The stock has a market cap of $518.97 million, a PE ratio of 15.57 and a beta of 0.10. The company’s 50 day moving average is $10.06 and its 200-day moving average is $10.19.

Vinci Partners Investments Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.22%. The ex-dividend date of this dividend is Thursday, March 13th. Vinci Partners Investments’s payout ratio is 96.77%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio acquired a new position in shares of Vinci Partners Investments in the 3rd quarter worth $45,000. Commonwealth Equity Services LLC acquired a new position in Vinci Partners Investments in the fourth quarter worth approximately $104,000. Van ECK Associates Corp increased its stake in shares of Vinci Partners Investments by 10.5% during the 3rd quarter. Van ECK Associates Corp now owns 12,717 shares of the company’s stock worth $127,000 after purchasing an additional 1,208 shares during the last quarter. Trexquant Investment LP bought a new position in Vinci Partners Investments during the fourth quarter valued at about $233,000. Finally, Northern Trust Corp raised its stake in shares of Vinci Partners Investments by 259.4% in the 4th quarter. Northern Trust Corp now owns 78,269 shares of the company’s stock valued at $788,000 after acquiring an additional 56,489 shares in the last quarter. Institutional investors and hedge funds 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.