Vinci Partners Investments Ltd. (NASDAQ:VINP) Short Interest Up 27.3% in June

Vinci Partners Investments Ltd. (NASDAQ:VINP) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 14,000 shares, a growth of 27.3% from the May 31st total of 11,000 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 28,800 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. increased their target price on shares of Vinci Partners Investments from $14.00 to $15.00 and gave the company an “overweight” rating in a research note on Friday, April 12th.

Vinci Partners Investments Trading Down 0.7 %

VINP opened at $10.90 on Monday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 11.29 and a current ratio of 11.29. The stock’s 50 day moving average price is $10.77 and its 200-day moving average price is $10.87. Vinci Partners Investments has a one year low of $8.91 and a one year high of $11.85. The stock has a market cap of $586.20 million, a price-to-earnings ratio of 13.46 and a beta of 0.10.

Vinci Partners Investments (NASDAQ:VINP) last announced its quarterly earnings data on Thursday, May 9th. The company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. Vinci Partners Investments had a return on equity of 17.86% and a net margin of 50.51%. The company had revenue of $22.03 million for the quarter, compared to the consensus estimate of $22.01 million. During the same quarter in the prior year, the company posted $0.21 EPS. On average, equities analysts forecast that Vinci Partners Investments will post 0.88 EPS for the current year.

Vinci Partners Investments Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Thursday, May 23rd were issued a dividend of $0.17 per share. The ex-dividend date was Wednesday, May 22nd. This represents a $0.68 dividend on an annualized basis and a yield of 6.24%. Vinci Partners Investments’s payout ratio is 83.95%.

Hedge Funds Weigh In On Vinci Partners Investments

A number of hedge funds have recently added to or reduced their stakes in the stock. Grandeur Peak Global Advisors LLC raised its stake in shares of Vinci Partners Investments by 0.6% during the first quarter. Grandeur Peak Global Advisors LLC now owns 864,851 shares of the company’s stock valued at $9,773,000 after acquiring an additional 4,968 shares in the last quarter. Absolute Gestao de Investimentos Ltda. bought a new position in Vinci Partners Investments in the first quarter worth approximately $217,000. Quadrature Capital Ltd purchased a new position in Vinci Partners Investments during the 4th quarter worth $229,000. SPX Gestao de Recursos Ltda raised its position in Vinci Partners Investments by 231.1% during the 4th quarter. SPX Gestao de Recursos Ltda now owns 510,869 shares of the company’s stock valued at $5,594,000 after purchasing an additional 356,569 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of Vinci Partners Investments by 15.5% in the 4th quarter. UBS Group AG now owns 596,245 shares of the company’s stock worth $6,529,000 after buying an additional 79,945 shares during the period. 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.