Public Employees Retirement System of Ohio Buys New Holdings in Vinci Partners Investments Ltd. (NASDAQ:VINP)

Public Employees Retirement System of Ohio purchased a new position in Vinci Partners Investments Ltd. (NASDAQ:VINP) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,500 shares of the company’s stock, valued at approximately $45,000.

A number of other institutional investors have also recently made changes to their positions in the stock. State Street Corp raised its holdings in Vinci Partners Investments by 391.0% during the 3rd quarter. State Street Corp now owns 105,534 shares of the company’s stock valued at $1,048,000 after buying an additional 84,040 shares during the last quarter. Van ECK Associates Corp raised its stake 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 acquiring an additional 1,208 shares during the last quarter. Driehaus Capital Management LLC boosted its holdings in shares of Vinci Partners Investments by 6.8% during the second quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company’s stock worth $1,680,000 after purchasing an additional 9,803 shares during the period. Finally, National Bank of Canada FI grew its stake in shares of Vinci Partners Investments by 209.1% in the second quarter. National Bank of Canada FI now owns 139,655 shares of the company’s stock worth $1,522,000 after purchasing an additional 94,467 shares during the last quarter. Hedge funds and other institutional investors own 34.07% of the company’s stock.

Analyst Ratings Changes

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

Vinci Partners Investments Trading Down 0.6 %

NASDAQ:VINP opened at $9.92 on Monday. Vinci Partners Investments Ltd. has a 12 month low of $9.01 and a 12 month high of $11.85. 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 company has a 50-day moving average price of $10.33 and a 200-day moving average price of $10.50. The stock has a market cap of $533.49 million, a price-to-earnings ratio of 16.00 and a beta of 0.09.

Vinci Partners Investments Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 20th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $0.64 annualized dividend and a yield of 6.45%. Vinci Partners Investments’s payout ratio is 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.