Driehaus Capital Management LLC Has $1.68 Million Stake in Vinci Partners Investments Ltd. (NASDAQ:VINP)

Driehaus Capital Management LLC boosted its stake in shares of Vinci Partners Investments Ltd. (NASDAQ:VINP) by 6.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 154,158 shares of the company’s stock after acquiring an additional 9,803 shares during the quarter. Driehaus Capital Management LLC owned 0.29% of Vinci Partners Investments worth $1,680,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VINP. Absolute Gestao de Investimentos Ltda. bought a new position in Vinci Partners Investments during the 1st quarter valued at about $217,000. Quadrature Capital Ltd acquired a new position in shares of Vinci Partners Investments in the 4th quarter worth approximately $229,000. National Bank of Canada FI increased its holdings in Vinci Partners Investments by 209.1% during the 2nd quarter. National Bank of Canada FI now owns 139,655 shares of the company’s stock valued at $1,522,000 after purchasing an additional 94,467 shares in the last quarter. UBS Group AG raised its position in Vinci Partners Investments by 15.5% in the 4th quarter. UBS Group AG now owns 596,245 shares of the company’s stock valued at $6,529,000 after purchasing an additional 79,945 shares during the last quarter. Finally, Grandeur Peak Global Advisors LLC boosted its stake in Vinci Partners Investments by 0.6% in the first quarter. Grandeur Peak Global Advisors LLC now owns 864,851 shares of the company’s stock worth $9,773,000 after purchasing an additional 4,968 shares in the last quarter. 34.07% of the stock is owned by institutional investors.

Vinci Partners Investments Price Performance

Shares of VINP stock opened at $9.89 on Monday. The company has a quick ratio of 10.68, a current ratio of 10.68 and a debt-to-equity ratio of 0.52. Vinci Partners Investments Ltd. has a 12 month low of $9.01 and a 12 month high of $11.85. The firm has a market cap of $531.87 million, a price-to-earnings ratio of 12.21 and a beta of 0.09. The stock has a 50-day moving average price of $10.54 and a 200 day moving average price of $10.78.

Vinci Partners Investments (NASDAQ:VINP) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.07). Vinci Partners Investments had a return on equity of 13.37% and a net margin of 36.07%. The business had revenue of $25.18 million for the quarter, compared to the consensus estimate of $20.50 million. Research analysts expect that Vinci Partners Investments Ltd. will post 0.65 EPS for the current year.

Vinci Partners Investments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 21st were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.88%. The ex-dividend date was Wednesday, August 21st. Vinci Partners Investments’s dividend payout ratio (DPR) is currently 83.95%.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. decreased their price objective on shares of Vinci Partners Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a report on Thursday, July 11th.

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.