Vinci Partners Investments Ltd. (NASDAQ:VINP) is SPX Gestao de Recursos Ltda’s 4th Largest Position

SPX Gestao de Recursos Ltda reduced its stake in Vinci Partners Investments Ltd. (NASDAQ:VINP) by 5.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,368,286 shares of the company’s stock after selling 194,349 shares during the quarter. Vinci Partners Investments makes up approximately 5.1% of SPX Gestao de Recursos Ltda’s investment portfolio, making the stock its 4th largest position. SPX Gestao de Recursos Ltda owned about 6.26% of Vinci Partners Investments worth $33,919,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in VINP. State Street Corp lifted its stake in shares of Vinci Partners Investments by 391.0% in 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 lifted its stake in shares of Vinci Partners Investments by 15.2% in the 4th quarter. Van ECK Associates Corp now owns 14,646 shares of the company’s stock valued at $147,000 after purchasing an additional 1,929 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Vinci Partners Investments in the 3rd quarter valued at $45,000. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

Vinci Partners Investments Stock Performance

Shares of Vinci Partners Investments stock opened at $9.64 on Tuesday. The business’s fifty day simple moving average is $10.04 and its 200-day simple moving average is $10.15. Vinci Partners Investments Ltd. has a 52 week low of $9.01 and a 52 week high of $11.68. The company has a quick ratio of 12.68, a current ratio of 12.68 and a debt-to-equity ratio of 0.51. The firm has a market cap of $518.43 million, a PE ratio of 15.55 and a beta of 0.11.

Vinci Partners Investments Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.22%. The ex-dividend date of this dividend is Thursday, March 13th. Vinci Partners Investments’s payout ratio is 96.77%.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $13.00 price target on shares of Vinci Partners Investments in a research note 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.