Vinci Partners Investments Ltd. (NASDAQ:VINP) Shares Acquired by State Street Corp

State Street Corp boosted its position in Vinci Partners Investments Ltd. (NASDAQ:VINP) by 391.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 105,534 shares of the company’s stock after purchasing an additional 84,040 shares during the quarter. State Street Corp owned about 0.20% of Vinci Partners Investments worth $1,048,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Van ECK Associates Corp raised 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 valued at $127,000 after buying an additional 1,208 shares during the last quarter. Driehaus Capital Management LLC increased its position in Vinci Partners Investments by 6.8% in the 2nd quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company’s stock valued at $1,680,000 after acquiring an additional 9,803 shares during the period. Finally, National Bank of Canada FI raised its stake 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 acquiring an additional 94,467 shares in the last quarter. 34.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Vinci Partners Investments Trading Down 1.2 %

Shares of NASDAQ:VINP opened at $9.95 on Friday. The company has a 50 day moving average of $10.31 and a 200-day moving average of $10.47. The company has a current ratio of 12.68, a quick ratio of 12.68 and a debt-to-equity ratio of 0.51. The firm has a market cap of $535.10 million, a P/E ratio of 16.05 and a beta of 0.09. Vinci Partners Investments Ltd. has a twelve month low of $9.01 and a twelve month high of $11.85.

Vinci Partners Investments Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 20th were paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 6.43%. The ex-dividend date of this dividend was Wednesday, November 20th. Vinci Partners Investments’s payout ratio is currently 103.23%.

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.