Vinci Partners Investments Ltd. (NASDAQ:VINP – Get Rating) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 150,100 shares, a decrease of 16.8% from the June 30th total of 180,500 shares. Based on an average trading volume of 38,700 shares, the days-to-cover ratio is currently 3.9 days. Currently, 0.5% of the shares of the company are sold short.
Vinci Partners Investments Price Performance
Shares of NASDAQ:VINP opened at $9.48 on Wednesday. The firm’s 50 day moving average is $10.18 and its two-hundred day moving average is $11.75. Vinci Partners Investments has a 52 week low of $8.75 and a 52 week high of $14.88. The firm has a market capitalization of $526.33 million, a P/E ratio of 13.94 and a beta of -0.31. The company has a current ratio of 16.20, a quick ratio of 16.20 and a debt-to-equity ratio of 0.04.
Vinci Partners Investments (NASDAQ:VINP – Get Rating) last announced its quarterly earnings results on Tuesday, May 10th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.08). Vinci Partners Investments had a net margin of 45.66% and a return on equity of 15.14%. The firm had revenue of $18.00 million during the quarter, compared to analyst estimates of $24.18 million. Analysts anticipate that Vinci Partners Investments will post 0.98 earnings per share for the current year.
Vinci Partners Investments Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, June 8th. Shareholders of record on Tuesday, May 24th were paid a $0.17 dividend. The ex-dividend date of this dividend was Monday, May 23rd. This represents a $0.68 annualized dividend and a dividend yield of 7.17%. Vinci Partners Investments’s payout ratio is currently 100.00%.
Institutional Investors Weigh In On Vinci Partners Investments
Several large investors have recently made changes to their positions in the company. Matthews International Capital Management LLC bought a new position in shares of Vinci Partners Investments in the second quarter valued at approximately $412,000. Goldman Sachs Group Inc. bought a new position in shares of Vinci Partners Investments in the first quarter valued at approximately $819,000. State Street Corp boosted its holdings in shares of Vinci Partners Investments by 3.0% in the first quarter. State Street Corp now owns 41,411 shares of the company’s stock valued at $574,000 after acquiring an additional 1,220 shares in the last quarter. Invesco Ltd. bought a new position in shares of Vinci Partners Investments in the first quarter valued at approximately $456,000. Finally, William Blair Investment Management LLC boosted its holdings in shares of Vinci Partners Investments by 4.2% in the first quarter. William Blair Investment Management LLC now owns 1,366,477 shares of the company’s stock valued at $18,926,000 after acquiring an additional 55,645 shares in the last quarter. Institutional investors and hedge funds own 21.76% of the company’s stock.
Vinci Partners Investments Company Profile
Vinci Partners Investments Ltd. operates as an asset management platform in Brazil. Its portfolio of investment products and solutions covers private equity, infrastructures, real estate, credit, public equities, hedge funds, and investment products and solutions to institutional and HNWI clients. The company also offers financial and strategic advisory services, focusing primarily on IPO advisory and mergers and acquisition transactions on the sell side or the buy side to entrepreneurs, corporate management teams, and/or boards of directors.
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