Vinci Partners Investments (NASDAQ:VINP) Trading 0.7% Higher - Here's Why

Vinci Partners Investments Ltd. (NASDAQ:VINP - Get Free Report) shares rose 0.7% during trading on Tuesday . The stock traded as high as $10.37 and last traded at $10.19. Approximately 119,496 shares changed hands during mid-day trading, an increase of 86% from the average daily volume of 64,151 shares. The stock had previously closed at $10.12.

Vinci Partners Investments Stock Performance

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 stock has a fifty day simple moving average of $10.15 and a 200-day simple moving average of $10.12. The stock has a market cap of $508.75 million, a P/E ratio of 15.26 and a beta of 0.08.

Vinci Partners Investments Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.34%. The ex-dividend date of this dividend was Thursday, March 13th. Vinci Partners Investments's payout ratio is 150.00%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. SPX Gestao de Recursos Ltda boosted its holdings in shares of Vinci Partners Investments by 3.4% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 3,562,635 shares of the company's stock valued at $35,377,000 after buying an additional 115,545 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in Vinci Partners Investments by 2,528.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 269,833 shares of the company's stock worth $2,717,000 after acquiring an additional 259,569 shares in the last quarter. Driehaus Capital Management LLC lifted its stake in Vinci Partners Investments by 71.1% in the fourth quarter. Driehaus Capital Management LLC now owns 263,726 shares of the company's stock valued at $2,656,000 after acquiring an additional 109,568 shares during the last quarter. Castalian Partners LLC bought a new position in shares of Vinci Partners Investments in the 4th quarter valued at about $1,259,000. Finally, State Street Corp increased its stake in shares of Vinci Partners Investments by 391.0% during the 3rd quarter. State Street Corp now owns 105,534 shares of the company's stock worth $1,048,000 after purchasing an additional 84,040 shares during the last quarter. 34.07% of the stock is owned by institutional investors and hedge funds.

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.