Vinci Partners Investments Ltd. (NASDAQ:VINP – Get Free Report) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 181,100 shares, a decline of 12.8% from the December 31st total of 207,700 shares. Currently, 1.3% of the shares of the company are short sold. Based on an average daily volume of 73,600 shares, the short-interest ratio is currently 2.5 days.
Hedge Funds Weigh In On Vinci Partners Investments
Hedge funds have recently modified their holdings of the stock. Van ECK Associates Corp grew its position in Vinci Partners Investments by 10.5% in the third quarter. Van ECK Associates Corp now owns 12,717 shares of the company’s stock valued at $127,000 after acquiring an additional 1,208 shares during the period. State Street Corp boosted its stake in shares of Vinci Partners Investments by 391.0% in the 3rd quarter. State Street Corp now owns 105,534 shares of the company’s stock valued at $1,048,000 after purchasing an additional 84,040 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Vinci Partners Investments in the 3rd quarter valued at $45,000. Finally, SPX Gestao de Recursos Ltda grew its holdings in shares of Vinci Partners Investments by 3.4% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 3,562,635 shares of the company’s stock worth $35,377,000 after purchasing an additional 115,545 shares during the last quarter. 34.07% of the stock is owned by institutional investors and hedge funds.
Vinci Partners Investments Stock Performance
Shares of VINP remained flat at $10.29 during trading hours on Friday. 51,605 shares of the stock were exchanged, compared to its average volume of 67,100. The company has a current ratio of 12.68, a quick ratio of 12.68 and a debt-to-equity ratio of 0.51. The firm has a fifty day moving average of $10.08 and a two-hundred day moving average of $10.31. Vinci Partners Investments has a 1-year low of $9.01 and a 1-year high of $11.85. The firm has a market cap of $553.40 million, a PE ratio of 16.60 and a beta of 0.10.
Vinci Partners Investments Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 20th were paid a $0.16 dividend. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.64 annualized dividend and a dividend yield of 6.22%. Vinci Partners Investments’s dividend payout ratio is currently 103.23%.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group restated a “buy” rating and set a $13.00 target price on shares of Vinci Partners Investments in a research note on Thursday, December 5th.
Get Our Latest Analysis on VINP
About Vinci Partners 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.
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