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

Vinci Partners Investments Ltd. (NASDAQ:VINP) saw a large 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. Approximately 1.3% of the shares of the company are sold short. Based on an average trading volume of 73,600 shares, the days-to-cover ratio is currently 2.5 days.

Vinci Partners Investments Price Performance

Shares of Vinci Partners Investments stock opened at $10.29 on Monday. The company has a current ratio of 12.68, a quick ratio of 12.68 and a debt-to-equity ratio of 0.51. Vinci Partners Investments has a 12 month low of $9.01 and a 12 month high of $11.85. The stock has a 50 day moving average of $10.08 and a 200 day moving average of $10.30. 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 (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 firm had revenue of $20.67 million during the quarter, compared to analyst estimates of $19.84 million. Vinci Partners Investments had a net margin of 37.79% and a return on equity of 15.00%. During the same period last year, the firm posted $0.11 earnings per share. On average, research analysts expect that Vinci Partners Investments will post 0.6 EPS for the current fiscal year.

Vinci Partners Investments Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 20th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 6.22%. The ex-dividend date of this dividend was Wednesday, November 20th. Vinci Partners Investments’s dividend payout ratio is 103.23%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SPX Gestao de Recursos Ltda raised its position 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 during the period. State Street Corp increased its position in shares of Vinci Partners Investments by 391.0% during 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 during the last quarter. Van ECK Associates Corp raised its holdings in Vinci Partners Investments by 15.2% during the 4th quarter. Van ECK Associates Corp now owns 14,646 shares of the company’s stock valued at $147,000 after buying an additional 1,929 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new stake in Vinci Partners Investments in the third quarter worth $45,000. Hedge funds and other institutional investors own 34.07% of the company’s stock.

Analyst Ratings Changes

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

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.