Vinci Compass Investments Ltd. $VINP Stake Boosted by SPX Gestao de Recursos Ltda

SPX Gestao de Recursos Ltda raised its holdings in Vinci Compass Investments Ltd. (NASDAQ:VINP) by 16.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,672,173 shares of the company’s stock after acquiring an additional 671,448 shares during the period. Vinci Compass Investments makes up approximately 4.1% of SPX Gestao de Recursos Ltda’s investment portfolio, making the stock its 6th largest position. SPX Gestao de Recursos Ltda owned about 0.07% of Vinci Compass Investments worth $49,291,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Mondrian Investment Partners LTD acquired a new stake in shares of Vinci Compass Investments in the fourth quarter valued at approximately $37,000. Russell Investments Group Ltd. acquired a new stake in shares of Vinci Compass Investments in the 2nd quarter worth $123,000. Citadel Advisors LLC acquired a new position in shares of Vinci Compass Investments during the 3rd quarter valued at about $159,000. Van ECK Associates Corp grew its holdings in shares of Vinci Compass Investments by 16.6% in the third quarter. Van ECK Associates Corp now owns 15,055 shares of the company’s stock valued at $162,000 after purchasing an additional 2,138 shares during the period. Finally, XTX Topco Ltd purchased a new stake in shares of Vinci Compass Investments in the fourth quarter valued at about $163,000. 34.07% of the stock is owned by hedge funds and other institutional investors.

Vinci Compass Investments Stock Performance

NASDAQ:VINP opened at $9.71 on Friday. The stock has a market capitalization of $635.25 million, a P/E ratio of 13.12 and a beta of 0.29. The company has a debt-to-equity ratio of 0.46, a quick ratio of 5.08 and a current ratio of 5.08. Vinci Compass Investments Ltd. has a fifty-two week low of $9.29 and a fifty-two week high of $13.61. The company has a 50 day moving average price of $9.95 and a 200 day moving average price of $11.09.

Vinci Compass Investments Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Monday, May 25th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 7.0%. The ex-dividend date was Friday, May 22nd. Vinci Compass Investments’s dividend payout ratio (DPR) is currently 91.89%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Zacks Research upgraded shares of Vinci Compass Investments to a “hold” rating in a report on Thursday, April 16th. Weiss Ratings cut Vinci Compass Investments from a “buy (b-)” rating to a “hold (c)” rating in a research note on Tuesday, June 16th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.00.

Insider Activity

In related news, CFO Sergio Passos Ribeiro sold 5,626 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $9.59, for a total transaction of $53,953.34. Following the completion of the transaction, the chief financial officer directly owned 180,250 shares in the company, valued at $1,728,597.50. This trade represents a 3.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Fernando Lovisotto sold 11,818 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $10.33, for a total value of $122,079.94. Following the transaction, the insider owned 989,231 shares of the company’s stock, valued at $10,218,756.23. This trade represents a 1.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 426,823 shares of company stock valued at $4,498,123. 49.31% of the stock is currently owned by corporate insiders.

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.