Vinci Compass Investments Ltd. Declares Quarterly Dividend of $0.15 (NASDAQ:VINP)

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) declared a quarterly dividend on Wednesday, August 13th, Wall Street Journal reports. Investors of record on Monday, August 25th will be given a dividend of 0.15 per share on Tuesday, September 9th. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Monday, August 25th.Vinci Compass Investments has a payout ratio of 68.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Vinci Compass Investments to earn $0.72 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 83.3%. Vinci Compass Investments Stock Up 2.6%Vinci Compass Investments stock traded up $0.26 during trading hours on Wednesday, hitting $10.08. 69,776 shares of the stock traded hands, compared to its average volume of 68,634. Vinci Compass Investments has a one year low of $8.66 and a one year high of $11.46. The firm's 50-day moving average price is $9.62 and its two-hundred day moving average price is $9.81. The company has a current ratio of 8.31, a quick ratio of 8.31 and a debt-to-equity ratio of 0.47. The company has a market cap of $645.62 million, a PE ratio of 25.85 and a beta of 0.10. Hedge Funds Weigh In On Vinci Compass InvestmentsInstitutional investors and hedge funds have recently modified their holdings of the stock. Nomura Asset Management Co. Ltd. purchased a new stake in Vinci Compass Investments during the 2nd quarter valued at about $31,000. Public Employees Retirement System of Ohio raised its holdings in Vinci Compass Investments by 176.1% in the fourth quarter. Public Employees Retirement System of Ohio now owns 12,426 shares of the company's stock worth $125,000 after buying an additional 7,926 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in Vinci Compass Investments in the second quarter worth about $123,000. Nuveen LLC purchased a new position in Vinci Compass Investments in the first quarter worth about $163,000. Finally, R Squared Ltd purchased a new position in Vinci Compass Investments in the second quarter worth about $281,000. 34.07% of the stock is currently owned by institutional investors. About Vinci Compass Investments (Get Free Report)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.Recommended StoriesFive stocks we like better than Vinci Compass InvestmentsWhat is a Microcap Stock? Everything You Need to Know Tempus AI’s Strong Q2 Fuels Growth Story—More Upside Ahead?Stock Splits, Do They Really Impact Investors?CAVA’s Honeymoon Ends With a 16% Stock DropHow to Find Undervalued StocksRocket Lab Scores Analyst Upgrades, Finalizes Geost TakeoverThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Vinci Compass Investments Right Now?Before you consider Vinci Compass Investments, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vinci Compass Investments wasn't on the list.While Vinci Compass Investments currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here