Vinci Compass Investments (NASDAQ:VINP) Reaches New 1-Year High – Still a Buy?

Shares of Vinci Compass Investments Ltd. (NASDAQ:VINP) hit a new 52-week high during trading on Monday . The company traded as high as $12.02 and last traded at $11.9450, with a volume of 68531 shares. The stock had previously closed at $11.92.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. UBS Group raised their target price on Vinci Compass Investments from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of Vinci Compass Investments in a report on Thursday, October 30th. Finally, JPMorgan Chase & Co. upped their target price on shares of Vinci Compass Investments from $13.50 to $14.00 and gave the company an “overweight” rating in a research note on Wednesday, July 16th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Vinci Compass Investments presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.33.

Vinci Compass Investments Stock Performance

The stock’s 50-day moving average price is $10.80 and its 200-day moving average price is $10.11. The company has a current ratio of 7.84, a quick ratio of 7.84 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $765.35 million, a P/E ratio of 25.43 and a beta of 0.12.

Vinci Compass Investments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, August 25th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, August 25th. This represents a $0.60 annualized dividend and a dividend yield of 5.0%. Vinci Compass Investments’s dividend payout ratio (DPR) is 127.66%.

Institutional Investors Weigh In On Vinci Compass Investments

Several large investors have recently added to or reduced their stakes in the stock. R Squared Ltd acquired a new position in shares of Vinci Compass Investments during the second quarter valued at $281,000. Nuveen LLC acquired a new stake in shares of Vinci Compass Investments in the 1st quarter worth about $163,000. JPMorgan Chase & Co. lifted its position in Vinci Compass Investments by 12.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 334,743 shares of the company’s stock valued at $3,598,000 after purchasing an additional 38,154 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Vinci Compass Investments by 266.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 172,866 shares of the company’s stock valued at $1,749,000 after purchasing an additional 125,711 shares during the period. Finally, Russell Investments Group Ltd. acquired a new position in Vinci Compass Investments during the 2nd quarter valued at about $123,000. 34.07% of the stock is owned by institutional investors and hedge funds.

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.