Vinci Partners Investments Ltd. (NASDAQ:VINP) Short Interest Update

Vinci Partners Investments Ltd. (NASDAQ:VINP) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 14,000 shares, a growth of 27.3% from the May 31st total of 11,000 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 28,800 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Absolute Gestao de Investimentos Ltda. bought a new position in shares of Vinci Partners Investments during the 1st quarter valued at $217,000. Quadrature Capital Ltd bought a new position in shares of Vinci Partners Investments during the 4th quarter valued at $229,000. Acadian Asset Management LLC bought a new position in Vinci Partners Investments in the 3rd quarter worth $227,000. National Bank of Canada FI bought a new position in Vinci Partners Investments in the 4th quarter worth $300,000. Finally, JGP Global Gestao de Recursos Ltda. raised its holdings in Vinci Partners Investments by 85.3% in the 4th quarter. JGP Global Gestao de Recursos Ltda. now owns 30,300 shares of the company’s stock worth $332,000 after acquiring an additional 13,950 shares during the period. Institutional investors own 34.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. raised their price objective on shares of Vinci Partners Investments from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Friday, April 12th.

Vinci Partners Investments Stock Down 0.7 %

VINP stock traded down $0.08 during midday trading on Friday, reaching $10.90. The company had a trading volume of 36,039 shares, compared to its average volume of 39,297. Vinci Partners Investments has a 1 year low of $8.91 and a 1 year high of $11.85. The company has a current ratio of 11.29, a quick ratio of 11.29 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $586.20 million, a P/E ratio of 13.46 and a beta of 0.10. The company has a 50 day moving average of $10.77 and a two-hundred day moving average of $10.86.

Vinci Partners Investments (NASDAQ:VINP) last released its earnings results on Thursday, May 9th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.19. The company had revenue of $22.03 million during the quarter, compared to the consensus estimate of $22.01 million. Vinci Partners Investments had a net margin of 50.51% and a return on equity of 17.86%. During the same quarter in the prior year, the firm earned $0.21 EPS. On average, equities research analysts expect that Vinci Partners Investments will post 0.88 earnings per share for the current fiscal year.

Vinci Partners Investments Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Thursday, May 23rd were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.24%. Vinci Partners Investments’s dividend payout ratio is currently 83.95%.

Vinci Partners 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.