Vinci Partners Investments Ltd. (NASDAQ:VINP) Shares Acquired by SPX Gestao de Recursos Ltda

SPX Gestao de Recursos Ltda raised its position in shares of Vinci Partners Investments Ltd. (NASDAQ:VINP) by 3.4% in the third quarter, HoldingsChannel.com reports. The firm owned 3,562,635 shares of the company’s stock after purchasing an additional 115,545 shares during the quarter. Vinci Partners Investments accounts for approximately 4.7% of SPX Gestao de Recursos Ltda’s portfolio, making the stock its 6th biggest holding. SPX Gestao de Recursos Ltda owned approximately 0.07% of Vinci Partners Investments worth $35,377,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. National Bank of Canada FI increased its holdings in Vinci Partners Investments by 209.1% in the 2nd quarter. National Bank of Canada FI now owns 139,655 shares of the company’s stock worth $1,522,000 after acquiring an additional 94,467 shares during the last quarter. Driehaus Capital Management LLC grew its position in Vinci Partners Investments by 6.8% during the second quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company’s stock valued at $1,680,000 after acquiring an additional 9,803 shares during the last quarter. Van ECK Associates Corp grew its position in Vinci Partners Investments by 10.5% during 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 last quarter. State Street Corp grew its position in Vinci Partners Investments by 391.0% during the third quarter. State Street Corp now owns 105,534 shares of the company’s stock valued at $1,048,000 after acquiring an additional 84,040 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Vinci Partners Investments in the third quarter worth approximately $45,000. 34.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Vinci Partners Investments Stock Performance

Vinci Partners Investments stock remained flat at $10.80 on Friday. The company’s stock had a trading volume of 5,164 shares, compared to its average volume of 63,160. The company has a debt-to-equity ratio of 0.51, a quick ratio of 12.68 and a current ratio of 12.68. The stock has a market capitalization of $580.82 million, a price-to-earnings ratio of 17.42 and a beta of 0.09. The firm has a 50-day moving average of $10.29 and a two-hundred day moving average of $10.52. Vinci Partners Investments Ltd. has a fifty-two week low of $9.01 and a fifty-two week high of $11.85.

Vinci Partners Investments Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 20th were given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date was Wednesday, November 20th. Vinci Partners Investments’s dividend payout ratio (DPR) is 103.23%.

Vinci Partners Investments 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.