Public Employees Retirement System of Ohio Takes Position in Vinci Partners Investments Ltd. (NASDAQ:VINP)

Public Employees Retirement System of Ohio acquired a new stake in Vinci Partners Investments Ltd. (NASDAQ:VINP) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,500 shares of the company’s stock, valued at approximately $45,000.

Several other hedge funds also recently bought and sold shares of VINP. Van ECK Associates Corp grew its holdings in shares of Vinci Partners Investments by 10.5% during the third quarter. Van ECK Associates Corp now owns 12,717 shares of the company’s stock worth $127,000 after purchasing an additional 1,208 shares in the last quarter. State Street Corp grew its stake in Vinci Partners Investments by 391.0% in the 3rd quarter. State Street Corp now owns 105,534 shares of the company’s stock worth $1,048,000 after buying an additional 84,040 shares in the last quarter. National Bank of Canada FI increased its holdings in shares of Vinci Partners Investments by 209.1% in the 2nd quarter. National Bank of Canada FI now owns 139,655 shares of the company’s stock worth $1,522,000 after buying an additional 94,467 shares during the last quarter. Finally, Driehaus Capital Management LLC raised its position in shares of Vinci Partners Investments by 6.8% during the 2nd quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company’s stock valued at $1,680,000 after buying an additional 9,803 shares in the last quarter. Hedge funds and other institutional investors own 34.07% of the company’s stock.

Vinci Partners Investments Stock Down 0.6 %

Shares of VINP opened at $9.92 on Monday. Vinci Partners Investments Ltd. has a 1 year low of $9.01 and a 1 year high of $11.85. The company has a debt-to-equity ratio of 0.51, a current ratio of 12.68 and a quick ratio of 12.68. The stock has a 50 day simple moving average of $10.33 and a two-hundred day simple moving average of $10.50. The firm has a market cap of $533.49 million, a P/E ratio of 16.00 and a beta of 0.09.

Vinci Partners Investments Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 20th were paid a $0.16 dividend. The ex-dividend date was Wednesday, November 20th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.45%. Vinci Partners Investments’s dividend payout ratio (DPR) is 103.23%.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group reiterated a “buy” rating and issued a $13.00 target price on shares of Vinci Partners Investments in a research report on Thursday, December 5th.

Vinci Partners Investments 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.