National Bank of Canada FI Sells 10,633 Shares of Vinci Partners Investments Ltd. (NASDAQ:VINP)

National Bank of Canada FI lowered its stake in Vinci Partners Investments Ltd. (NASDAQ:VINP) by 7.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 129,022 shares of the company’s stock after selling 10,633 shares during the period. National Bank of Canada FI owned approximately 0.24% of Vinci Partners Investments worth $1,281,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. 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 valued at $127,000 after buying an additional 1,208 shares during the period. State Street Corp boosted 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 worth $1,048,000 after acquiring an additional 84,040 shares in the last quarter. Finally, Driehaus Capital Management LLC increased its stake in Vinci Partners Investments by 6.8% in 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. Institutional investors and hedge funds own 34.07% of the company’s stock.

Vinci Partners Investments Stock Down 1.0 %

Shares of NASDAQ VINP opened at $10.69 on Friday. The company has a market cap of $574.91 million, a price-to-earnings ratio of 17.24 and a beta of 0.09. 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 Ltd. has a 12 month low of $9.01 and a 12 month high of $11.85. The stock has a 50-day moving average price of $10.31 and a two-hundred day moving average price of $10.52.

Vinci Partners Investments Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 20th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date of this dividend was Wednesday, November 20th. Vinci Partners Investments’s dividend payout ratio is 103.23%.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group restated a “buy” rating and set 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.