Vinci Partners Investments (NASDAQ:VINP) Shares Gap Up to $12.22

Vinci Partners Investments Ltd. (NASDAQ:VINP)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $12.22, but opened at $12.54. Vinci Partners Investments shares last traded at $12.69, with a volume of 28 shares traded.

Separately, Zacks Investment Research downgraded shares of Vinci Partners Investments from a “buy” rating to a “hold” rating in a research report on Wednesday, December 15th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $21.83.

The stock’s 50-day moving average is $11.35 and its 200 day moving average is $12.74. The stock has a market capitalization of $676.18 million and a PE ratio of 17.65. The company has a quick ratio of 9.85, a current ratio of 9.85 and a debt-to-equity ratio of 0.06.

Vinci Partners Investments (NASDAQ:VINP) last announced its quarterly earnings data on Tuesday, November 16th. The company reported $1.09 EPS for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.92. Vinci Partners Investments had a net margin of 44.79% and a return on equity of 17.49%. As a group, equities research analysts forecast that Vinci Partners Investments Ltd. will post 0.69 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 16th. Shareholders of record on Wednesday, December 1st were given a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 5.25%. The ex-dividend date of this dividend was Tuesday, November 30th. Vinci Partners Investments’s dividend payout ratio is 92.75%.

A number of hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC acquired a new stake in shares of Vinci Partners Investments in the second quarter worth $2,140,000. Sagil Capital LLP acquired a new position in Vinci Partners Investments during the 2nd quarter valued at $14,508,000. BTG Pactual Global Asset Management Ltd acquired a new position in Vinci Partners Investments during the 2nd quarter valued at $754,000. Advisory Services Network LLC acquired a new position in Vinci Partners Investments during the 2nd quarter valued at $102,000. Finally, JPMorgan Chase & Co. acquired a new position in Vinci Partners Investments during the 2nd quarter valued at $46,000. 21.21% of the stock is owned by institutional investors.

About Vinci Partners Investments (NASDAQ:VINP)

Vinci Partners Investments Ltd. operates as an asset management platform in Brazil. The company's portfolio of investment products and solutions covers private equity, infrastructures, real estate, credit, public equities, hedge funds, and investment products and solutions to institutional and HNWI clients.

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