National Bank of Canada FI reduced its holdings in Vinci Partners Investments Ltd. (NASDAQ:VINP - Free Report) by 97.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,276 shares of the company's stock after selling 125,746 shares during the quarter. National Bank of Canada FI's holdings in Vinci Partners Investments were worth $33,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership raised its position in shares of Vinci Partners Investments by 2,528.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 269,833 shares of the company's stock worth $2,717,000 after buying an additional 259,569 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of Vinci Partners Investments during the fourth quarter valued at approximately $104,000. Van ECK Associates Corp raised its holdings in Vinci Partners Investments by 15.2% during the fourth quarter. Van ECK Associates Corp now owns 14,646 shares of the company's stock worth $147,000 after purchasing an additional 1,929 shares in the last quarter. SPX Gestao de Recursos Ltda lifted its position in Vinci Partners Investments by 3.4% in the third quarter. SPX Gestao de Recursos Ltda now owns 3,562,635 shares of the company's stock worth $35,377,000 after purchasing an additional 115,545 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in Vinci Partners Investments in the third quarter worth approximately $45,000. Institutional investors own 34.07% of the company's stock.
Vinci Partners Investments Price Performance
Shares of VINP stock traded up $0.07 during mid-day trading on Friday, hitting $9.45. 51,973 shares of the stock traded hands, compared to its average volume of 68,344. Vinci Partners Investments Ltd. has a twelve month low of $8.66 and a twelve month high of $11.62. The company has a debt-to-equity ratio of 0.51, a quick ratio of 12.68 and a current ratio of 12.68. The company's 50-day simple moving average is $9.92 and its 200-day simple moving average is $10.08. The firm has a market cap of $508.21 million, a price-to-earnings ratio of 15.24 and a beta of 0.08.
Vinci Partners Investments Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.35%. The ex-dividend date was Thursday, March 13th. Vinci Partners Investments's dividend payout ratio (DPR) is presently 150.00%.
Vinci Partners Investments Company Profile
(
Free Report)
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.
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