Vinci Partners Investments Ltd. (NASDAQ:VINP) Sees Significant Growth in Short Interest

Vinci Partners Investments Ltd. (NASDAQ:VINP) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 272,500 shares, an increase of 50.5% from the December 31st total of 181,100 shares. Based on an average daily trading volume, of 75,900 shares, the short-interest ratio is currently 3.6 days. Approximately 1.5% of the company’s stock are sold short.

Vinci Partners Investments Stock Performance

Shares of VINP stock opened at $10.38 on Friday. The company has a quick ratio of 12.68, a current ratio of 12.68 and a debt-to-equity ratio of 0.51. Vinci Partners Investments has a 52 week low of $9.01 and a 52 week high of $11.85. The firm has a market capitalization of $558.23 million, a PE ratio of 16.80 and a beta of 0.10. The company has a 50 day moving average price of $10.08 and a 200-day moving average price of $10.31.

Vinci Partners Investments (NASDAQ:VINP) last posted its earnings results on Thursday, November 7th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.03. The company had revenue of $20.67 million for the quarter, compared to the consensus estimate of $19.84 million. Vinci Partners Investments had a return on equity of 15.00% and a net margin of 37.79%. During the same quarter in the prior year, the company earned $0.11 earnings per share. As a group, equities research analysts expect that Vinci Partners Investments will post 0.6 earnings per share for the current year.

Vinci Partners Investments Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 20th were paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 6.17%. The ex-dividend date of this dividend was Wednesday, November 20th. Vinci Partners Investments’s dividend payout ratio is presently 103.23%.

Institutional Investors Weigh In On Vinci Partners Investments

Several hedge funds and other institutional investors have recently modified their holdings of VINP. Public Employees Retirement System of Ohio purchased a new position in Vinci Partners Investments during the third quarter valued at $45,000. Van ECK Associates Corp increased its holdings in Vinci Partners Investments by 10.5% in the 3rd quarter. Van ECK Associates Corp now owns 12,717 shares of the company’s stock worth $127,000 after acquiring an additional 1,208 shares in the last quarter. State Street Corp increased its holdings in Vinci Partners Investments by 391.0% in the 3rd quarter. State Street Corp now owns 105,534 shares of the company’s stock worth $1,048,000 after acquiring an additional 84,040 shares in the last quarter. Finally, SPX Gestao de Recursos Ltda lifted its holdings in Vinci Partners Investments by 3.4% during the third quarter. SPX Gestao de Recursos Ltda now owns 3,562,635 shares of the company’s stock valued at $35,377,000 after purchasing an additional 115,545 shares in the last quarter. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group reiterated a “buy” rating and issued a $13.00 target price on shares of Vinci Partners Investments in a research note on Thursday, December 5th.

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.