Shares of Vinci Partners Investments Ltd. (NASDAQ:VINP - Get Free Report) shot up 0.7% on Tuesday . The company traded as high as $10.37 and last traded at $10.19. 119,496 shares traded hands during trading, an increase of 86% from the average session volume of 64,151 shares. The stock had previously closed at $10.12.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group reaffirmed a "buy" rating and issued a $13.00 price target on shares of Vinci Partners Investments in a research note on Thursday, December 5th.
View Our Latest Stock Analysis on VINP
Vinci Partners Investments Trading Down 6.1 %
The company has a debt-to-equity ratio of 0.51, a current ratio of 12.68 and a quick ratio of 12.68. The firm has a market cap of $508.75 million, a P/E ratio of 15.26 and a beta of 0.11. The company's 50 day moving average is $10.16 and its two-hundred day moving average is $10.12.
Vinci Partners Investments Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.15 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.34%. Vinci Partners Investments's payout ratio is presently 150.00%.
Institutional Trading of Vinci Partners Investments
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio acquired a new stake in shares of Vinci Partners Investments during the third quarter worth $45,000. Commonwealth Equity Services LLC bought a new stake in shares of Vinci Partners Investments in the fourth quarter worth $104,000. Van ECK Associates Corp boosted its stake in shares of Vinci Partners Investments by 15.2% during the 4th quarter. Van ECK Associates Corp now owns 14,646 shares of the company's stock worth $147,000 after buying an additional 1,929 shares during the last quarter. Trexquant Investment LP acquired a new position in shares of Vinci Partners Investments during the 4th quarter worth approximately $233,000. Finally, Northern Trust Corp raised its position in Vinci Partners Investments by 259.4% during the fourth quarter. Northern Trust Corp now owns 78,269 shares of the company's stock worth $788,000 after acquiring an additional 56,489 shares in the last quarter. 34.07% of the stock is currently owned by institutional investors and hedge funds.
About Vinci Partners Investments
(
Get 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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