JPMorgan Chase & Co. Lowers Vinci Compass Investments (NASDAQ:VINP) Price Target to $14.00

Vinci Compass Investments (NASDAQ:VINP) had its price target dropped by analysts at JPMorgan Chase & Co. from $15.00 to $14.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 46.98% from the company’s previous close.

Separately, Weiss Ratings lowered 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 company. According to MarketBeat, Vinci Compass Investments currently has a consensus rating of “Moderate Buy” and an average price target of $13.50.

Vinci Compass Investments Stock Performance

VINP traded up $0.14 during trading on Thursday, reaching $9.53. 7,057 shares of the company’s stock were exchanged, compared to its average volume of 65,988. The company has a market capitalization of $623.13 million, a P/E ratio of 13.57 and a beta of 0.29. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38. The business has a 50 day moving average price of $9.71 and a 200 day moving average price of $10.26. Vinci Compass Investments has a fifty-two week low of $9.19 and a fifty-two week high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last issued its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). The business had revenue of $54.05 million for the quarter, compared to analyst estimates of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. As a group, analysts predict that Vinci Compass Investments will post 0.9 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Fernando Lovisotto sold 11,818 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $10.33, for a total value of $122,079.94. Following the completion of the sale, the insider owned 989,231 shares in the company, valued at $10,218,756.23. This represents a 1.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Augusto Zaremba sold 3,496 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $10.54, for a total value of $36,847.84. Following the completion of the sale, the insider owned 1,062,179 shares of the company’s stock, valued at $11,195,366.66. This trade represents a 0.33% 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. Insiders sold a total of 72,024 shares of company stock valued at $717,603 in the last ninety days. 49.31% of the stock is owned by insiders.

Institutional Investors Weigh In On Vinci Compass Investments

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its stake in Vinci Compass Investments by 6.7% in the 4th quarter. Geode Capital Management LLC now owns 30,116 shares of the company’s stock worth $393,000 after purchasing an additional 1,896 shares during the period. Van ECK Associates Corp boosted its position in shares of Vinci Compass Investments by 16.6% during the third quarter. Van ECK Associates Corp now owns 15,055 shares of the company’s stock worth $162,000 after buying an additional 2,138 shares during the period. Mondrian Investment Partners LTD bought a new position in shares of Vinci Compass Investments during the fourth quarter worth about $37,000. R Squared Ltd raised its position in Vinci Compass Investments by 6.4% in the 1st quarter. R Squared Ltd now owns 52,686 shares of the company’s stock valued at $556,000 after buying an additional 3,153 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in Vinci Compass Investments by 4.9% in the 4th quarter. Renaissance Technologies LLC now owns 75,636 shares of the company’s stock valued at $986,000 after acquiring an additional 3,504 shares in the last quarter. 34.07% of the stock is currently owned by institutional investors and hedge funds.

About Vinci Compass 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. 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.