Vinci Partners Investments (NASDAQ:VINP) Price Target Raised to $15.00

Vinci Partners Investments (NASDAQ:VINPFree Report) had its target price upped by JPMorgan Chase & Co. from $14.00 to $15.00 in a research report sent to investors on Friday, Benzinga reports. They currently have an overweight rating on the stock.

Several other analysts also recently issued reports on the company. TheStreet upgraded Vinci Partners Investments from a c rating to a b rating in a report on Wednesday, February 14th. The Goldman Sachs Group dropped their target price on Vinci Partners Investments from $17.00 to $15.00 and set a buy rating on the stock in a report on Wednesday, January 24th.

View Our Latest Stock Analysis on VINP

Vinci Partners Investments Stock Down 0.6 %

Vinci Partners Investments stock opened at $10.80 on Friday. The company has a 50-day simple moving average of $11.05 and a 200-day simple moving average of $10.67. The firm has a market capitalization of $594.86 million, a P/E ratio of 14.21 and a beta of 0.07. The company has a debt-to-equity ratio of 0.43, a quick ratio of 6.91 and a current ratio of 8.31. Vinci Partners Investments has a one year low of $7.70 and a one year high of $11.85.

Vinci Partners Investments (NASDAQ:VINPGet Free Report) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.01. The business had revenue of $25.33 million during the quarter, compared to the consensus estimate of $23.16 million. Vinci Partners Investments had a net margin of 48.49% and a return on equity of 18.79%. As a group, equities analysts expect that Vinci Partners Investments will post 0.89 earnings per share for the current year.

Vinci Partners Investments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 7th. Stockholders of record on Thursday, February 22nd were given a $0.20 dividend. The ex-dividend date was Wednesday, February 21st. This represents a $0.80 annualized dividend and a dividend yield of 7.41%. Vinci Partners Investments’s dividend payout ratio is 105.26%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp lifted its position in Vinci Partners Investments by 3.0% in the first quarter. State Street Corp now owns 41,411 shares of the company’s stock worth $574,000 after purchasing an additional 1,220 shares during the period. Wells Fargo & Company MN increased its stake in shares of Vinci Partners Investments by 10.2% in the fourth quarter. Wells Fargo & Company MN now owns 17,092 shares of the company’s stock valued at $155,000 after buying an additional 1,577 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Vinci Partners Investments by 82.8% in the first quarter. Tower Research Capital LLC TRC now owns 3,567 shares of the company’s stock valued at $29,000 after buying an additional 1,616 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Vinci Partners Investments by 14.7% in the first quarter. Renaissance Technologies LLC now owns 20,332 shares of the company’s stock valued at $165,000 after buying an additional 2,600 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new position in Vinci Partners Investments in the third quarter valued at about $105,000. 34.07% of the stock is owned by institutional investors.

About Vinci Partners Investments

(Get Free Report)

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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