Vinci Partners Investments (NASDAQ:VINP) Earns “Buy” Rating from The Goldman Sachs Group

Vinci Partners Investments (NASDAQ:VINP)‘s stock had its “buy” rating reiterated by analysts at The Goldman Sachs Group in a report released on Thursday, MarketBeat reports. They presently have a $13.00 price objective on the stock. The Goldman Sachs Group’s price objective suggests a potential upside of 26.21% from the company’s current price.

Vinci Partners Investments Price Performance

Shares of VINP opened at $10.30 on Thursday. The firm has a market capitalization of $553.92 million, a PE ratio of 16.55 and a beta of 0.09. The company has a debt-to-equity ratio of 0.51, a current ratio of 12.68 and a quick ratio of 12.68. Vinci Partners Investments has a 1-year low of $9.01 and a 1-year high of $11.85. The company’s fifty day moving average price is $10.21 and its 200-day moving average price is $10.53.

Institutional Investors Weigh In On Vinci Partners Investments

A number of large investors have recently made changes to their positions in VINP. Driehaus Capital Management LLC lifted its position in Vinci Partners Investments by 6.8% during the second quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company’s stock valued at $1,680,000 after purchasing an additional 9,803 shares during the period. National Bank of Canada FI lifted its position in Vinci Partners Investments by 209.1% during the second 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 during the period. State Street Corp lifted its position in Vinci Partners Investments by 391.0% during the third 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 period. Van ECK Associates Corp lifted its position in Vinci Partners Investments by 10.5% during the third quarter. Van ECK Associates Corp now owns 12,717 shares of the company’s stock valued at $127,000 after purchasing an additional 1,208 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new position in Vinci Partners Investments during the third quarter valued at $45,000. 34.07% of the stock is owned by hedge funds and other 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.