State Street Corp grew its position in shares of Vinci Partners Investments Ltd. (NASDAQ:VINP - Free Report) by 391.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 105,534 shares of the company's stock after buying an additional 84,040 shares during the period. State Street Corp owned approximately 0.20% of Vinci Partners Investments worth $1,048,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Van ECK Associates Corp raised its stake in Vinci Partners Investments by 10.5% in 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 in the last quarter. National Bank of Canada FI increased its holdings in shares of Vinci Partners Investments by 209.1% during the second quarter. National Bank of Canada FI now owns 139,655 shares of the company's stock worth $1,522,000 after purchasing an additional 94,467 shares during the period. Finally, Driehaus Capital Management LLC boosted its stake in shares of Vinci Partners Investments by 6.8% in the second quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company's stock valued at $1,680,000 after buying an additional 9,803 shares during the period. Institutional investors and hedge funds own 34.07% of the company's stock.
Vinci Partners Investments Price Performance
VINP stock traded down $0.02 during mid-day trading on Friday, hitting $9.93. The stock had a trading volume of 144,186 shares, compared to its average volume of 117,693. The firm has a fifty day simple moving average of $10.30 and a 200 day simple moving average of $10.47. The firm has a market capitalization of $534.03 million, a P/E ratio of 16.02 and a beta of 0.09. The company has a current ratio of 12.68, a quick ratio of 12.68 and a debt-to-equity ratio of 0.51. Vinci Partners Investments Ltd. has a 52 week low of $9.01 and a 52 week high of $11.85.
Vinci Partners Investments Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 20th were paid a $0.16 dividend. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.64 dividend on an annualized basis and a yield of 6.45%. Vinci Partners Investments's dividend payout ratio (DPR) is 103.23%.
Analyst Ratings Changes
Separately, The Goldman Sachs Group restated a "buy" rating and set a $13.00 price objective on shares of Vinci Partners Investments in a research note on Thursday, December 5th.
Check Out Our Latest Stock Analysis on Vinci Partners Investments
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.
Featured Articles
Before you consider Vinci Partners Investments, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vinci Partners Investments wasn't on the list.
While Vinci Partners Investments currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
