Vinci Compass Investments Ltd. Plans Quarterly Dividend of $0.17 (NASDAQ:VINP)

Vinci Compass Investments Ltd. (NASDAQ:VINP) declared a quarterly dividend on Monday, May 11th. Investors of record on Monday, May 25th will be paid a dividend of 0.17 per share on Monday, June 8th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, May 22nd.

Vinci Compass Investments has a payout ratio of 77.3% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Analysts expect Vinci Compass Investments to earn $1.16 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 58.6%.

Vinci Compass Investments Trading Down 2.0%

VINP opened at $10.68 on Tuesday. The stock has a 50-day moving average of $10.82 and a 200 day moving average of $11.87. The company has a current ratio of 5.13, a quick ratio of 5.13 and a debt-to-equity ratio of 0.49. Vinci Compass Investments has a 12 month low of $9.20 and a 12 month high of $13.61. The firm has a market cap of $698.71 million, a P/E ratio of 17.51 and a beta of 0.30.

Vinci Compass Investments (NASDAQ:VINP) last issued its quarterly earnings data on Thursday, March 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The company had revenue of $47.19 million for the quarter, compared to analysts’ expectations of $51.84 million. Vinci Compass Investments had a net margin of 22.89% and a return on equity of 14.24%. As a group, research analysts forecast that Vinci Compass Investments will post 0.89 EPS for the current year.

Analyst Upgrades and Downgrades

VINP has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their target price on shares of Vinci Compass Investments from $14.00 to $15.00 and gave the company an “overweight” rating in a research note on Monday, February 2nd. Wall Street Zen downgraded Vinci Compass Investments from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Weiss Ratings lowered Vinci Compass Investments from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Finally, Zacks Research raised Vinci Compass Investments to a “hold” rating in a research report on Thursday, April 16th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Vinci Compass Investments has an average rating of “Moderate Buy” and a consensus price target of $14.00.

Vinci Compass Investments Company Profile

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. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.