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Vinci Partners Investments Ltd. (NASDAQ:VINP) Plans Quarterly Dividend of $0.17

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Vinci Partners Investments Ltd. (NASDAQ:VINPGet Rating) declared a quarterly dividend on Thursday, May 12th, Wall Street Journal reports. Stockholders of record on Tuesday, May 24th will be paid a dividend of 0.17 per share on Wednesday, June 8th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date is Monday, May 23rd.

Shares of Vinci Partners Investments stock opened at $10.95 on Friday. Vinci Partners Investments has a one year low of $9.65 and a one year high of $16.00. The company has a market cap of $607.90 million, a PE ratio of 15.64 and a beta of -0.21. The company has a debt-to-equity ratio of 0.04, a quick ratio of 9.32 and a current ratio of 9.32. The business has a 50-day simple moving average of $12.80 and a 200-day simple moving average of $12.25.

Vinci Partners Investments (NASDAQ:VINPGet Rating) last announced its quarterly earnings data on Thursday, February 24th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.02. Vinci Partners Investments had a return on equity of 15.11% and a net margin of 44.76%. The business had revenue of $20.64 million during the quarter, compared to the consensus estimate of $21.39 million. On average, sell-side analysts predict that Vinci Partners Investments will post 1.07 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Morgan Stanley boosted its holdings in Vinci Partners Investments by 17.4% in the third quarter. Morgan Stanley now owns 129,772 shares of the company’s stock valued at $1,690,000 after purchasing an additional 19,200 shares in the last quarter. Schonfeld Strategic Advisors LLC boosted its holdings in Vinci Partners Investments by 5.9% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 90,000 shares of the company’s stock valued at $963,000 after purchasing an additional 5,000 shares in the last quarter. State Street Corp boosted its holdings in Vinci Partners Investments by 16.5% in the fourth quarter. State Street Corp now owns 40,191 shares of the company’s stock valued at $430,000 after purchasing an additional 5,684 shares in the last quarter. Two Sigma Advisers LP lifted its stake in Vinci Partners Investments by 14.2% in the third quarter. Two Sigma Advisers LP now owns 13,700 shares of the company’s stock valued at $179,000 after buying an additional 1,700 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in Vinci Partners Investments by 22.0% in the fourth quarter. Wells Fargo & Company MN now owns 11,100 shares of the company’s stock valued at $119,000 after buying an additional 2,000 shares during the last quarter. 21.76% of the stock is owned by hedge funds and other institutional investors.

Separately, Zacks Investment Research raised Vinci Partners Investments from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a report on Thursday, March 24th.

Vinci Partners Investments Company Profile (Get Rating)

Vinci Partners Investments Ltd. operates as an asset management platform in Brazil. The company’s portfolio of investment products and solutions covers private equity, infrastructures, real estate, credit, public equities, hedge funds, and investment products and solutions to institutional and HNWI clients.

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