Vinci Partners Investments (NASDAQ:VINP) Shares Gap Down to $10.88

Shares of Vinci Partners Investments Ltd. (NASDAQ:VINP) gapped down before the market opened on Friday . The stock had previously closed at $10.88, but opened at $10.48. Vinci Partners Investments shares last traded at $10.48, with a volume of 3,541 shares traded.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. decreased their price objective on shares of Vinci Partners Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a report on Thursday, July 11th.

Vinci Partners Investments Price Performance

The company has a 50 day moving average of $10.99 and a two-hundred day moving average of $10.93. The firm has a market cap of $573.29 million, a P/E ratio of 12.94 and a beta of 0.11. The company has a quick ratio of 10.68, a current ratio of 10.68 and a debt-to-equity ratio of 0.52.

Vinci Partners Investments Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 5th. Stockholders of record on Wednesday, August 21st will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Wednesday, August 21st. This represents a $0.68 annualized dividend and a dividend yield of 6.38%. Vinci Partners Investments’s dividend payout ratio (DPR) is 83.95%.

Institutional Trading of Vinci Partners Investments

Hedge funds and other institutional investors have recently made changes to their positions in the business. Absolute Gestao de Investimentos Ltda. purchased a new stake in shares of Vinci Partners Investments during the first quarter valued at $217,000. Quadrature Capital Ltd acquired a new stake in Vinci Partners Investments during the 4th quarter worth about $229,000. National Bank of Canada FI purchased a new stake in Vinci Partners Investments during the fourth quarter valued at about $300,000. Driehaus Capital Management LLC boosted its holdings in shares of Vinci Partners Investments by 6.8% in the second quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company’s stock worth $1,680,000 after buying an additional 9,803 shares during the period. Finally, SPX Gestao de Recursos Ltda increased its position in shares of Vinci Partners Investments by 231.1% in the fourth quarter. SPX Gestao de Recursos Ltda now owns 510,869 shares of the company’s stock worth $5,594,000 after acquiring an additional 356,569 shares in the last quarter. 34.07% of the stock is currently owned by institutional investors.

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.