JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Vinci Compass Investments (NASDAQ:VINP) Stock

Vinci Compass Investments (NASDAQ:VINP) had its price objective upped by research analysts at JPMorgan Chase & Co. from $14.00 to $15.00 in a research note issued on Monday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 19.05% from the company’s current price.

A number of other research analysts have also recently issued reports on the stock. UBS Group increased their target price on shares of Vinci Compass Investments from $12.00 to $13.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Weiss Ratings restated a “buy (b-)” rating on shares of Vinci Compass Investments in a report on Monday, December 29th. Finally, Wall Street Zen raised Vinci Compass Investments from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Vinci Compass Investments currently has an average rating of “Buy” and a consensus target price of $14.00.

Vinci Compass Investments Price Performance

Vinci Compass Investments stock opened at $12.60 on Monday. Vinci Compass Investments has a one year low of $8.66 and a one year high of $13.61. The company has a debt-to-equity ratio of 0.44, a quick ratio of 6.68 and a current ratio of 6.68. The business has a fifty day moving average of $12.84 and a two-hundred day moving average of $11.42. The company has a market cap of $807.03 million, a P/E ratio of 26.81 and a beta of 0.11.

Institutional Trading of Vinci Compass Investments

Several institutional investors and hedge funds have recently made changes to their positions in VINP. Goldman Sachs Group Inc. increased its position in Vinci Compass Investments by 266.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 172,866 shares of the company’s stock worth $1,749,000 after purchasing an additional 125,711 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Vinci Compass Investments during the 2nd quarter worth about $281,000. Nomura Asset Management Co. Ltd. acquired a new stake in shares of Vinci Compass Investments during the 2nd quarter worth about $31,000. Russell Investments Group Ltd. purchased a new stake in shares of Vinci Compass Investments during the second quarter worth about $123,000. Finally, JPMorgan Chase & Co. raised its position in shares of Vinci Compass Investments by 12.9% in the third quarter. JPMorgan Chase & Co. now owns 334,743 shares of the company’s stock valued at $3,598,000 after buying an additional 38,154 shares during the last quarter. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

Vinci Compass Investments Company 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. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.