Vinci Compass Investments (NASDAQ:VINP) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Vinci Compass Investments (NASDAQ:VINP) from a hold rating to a buy rating in a report published on Saturday morning.

Several other brokerages have also recently issued reports on VINP. UBS Group lifted their target price on shares of Vinci Compass Investments from $12.00 to $13.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of Vinci Compass Investments in a research report on Thursday, October 30th. Two 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.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $13.50.

Vinci Compass Investments Price Performance

VINP opened at $12.14 on Friday. The firm has a market cap of $777.57 million, a PE ratio of 25.83 and a beta of 0.11. The stock has a 50-day moving average price of $11.55 and a 200-day moving average price of $10.43. Vinci Compass Investments has a 1 year low of $8.66 and a 1 year high of $12.66. The company has a debt-to-equity ratio of 0.44, a current ratio of 6.68 and a quick ratio of 6.68.

Vinci Compass Investments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 9th. Stockholders of record on Monday, November 24th will be paid a $0.15 dividend. The ex-dividend date is Monday, November 24th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.9%. Vinci Compass Investments’s payout ratio is currently 127.66%.

Institutional Investors Weigh In On Vinci Compass Investments

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Nomura Asset Management Co. Ltd. bought a new position in Vinci Compass Investments in the 2nd quarter worth $31,000. Russell Investments Group Ltd. purchased a new stake in Vinci Compass Investments in the second quarter worth about $123,000. Citadel Advisors LLC bought a new position in shares of Vinci Compass Investments in the third quarter worth about $159,000. Van ECK Associates Corp lifted its position in shares of Vinci Compass Investments by 16.6% during the 3rd quarter. Van ECK Associates Corp now owns 15,055 shares of the company’s stock valued at $162,000 after buying an additional 2,138 shares in the last quarter. Finally, Nuveen LLC purchased a new position in shares of Vinci Compass Investments during the 1st quarter valued at about $163,000. Hedge funds and other institutional investors own 34.07% of the company’s stock.

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.