15,147 Shares in Patria Investments Limited $PAX Bought by Mutual Advisors LLC

Mutual Advisors LLC bought a new position in Patria Investments Limited (NYSE:PAX) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 15,147 shares of the company’s stock, valued at approximately $208,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PAX. GAMMA Investing LLC raised its stake in Patria Investments by 888.9% in the 1st quarter. GAMMA Investing LLC now owns 3,827 shares of the company’s stock worth $43,000 after acquiring an additional 3,440 shares during the last quarter. New York State Common Retirement Fund raised its stake in Patria Investments by 174.7% in the 1st quarter. New York State Common Retirement Fund now owns 39,468 shares of the company’s stock worth $446,000 after acquiring an additional 25,100 shares during the last quarter. CWM LLC raised its stake in shares of Patria Investments by 85.1% during the 1st quarter. CWM LLC now owns 5,099 shares of the company’s stock valued at $58,000 after buying an additional 2,345 shares during the last quarter. TimesSquare Capital Management LLC raised its stake in shares of Patria Investments by 9.9% during the 1st quarter. TimesSquare Capital Management LLC now owns 59,000 shares of the company’s stock valued at $666,000 after buying an additional 5,300 shares during the last quarter. Finally, Kingsview Wealth Management LLC purchased a new position in shares of Patria Investments during the 1st quarter valued at about $349,000. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Patria Investments Stock Performance

NYSE PAX opened at $14.73 on Wednesday. Patria Investments Limited has a fifty-two week low of $9.43 and a fifty-two week high of $15.54. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91. The firm has a market capitalization of $979.87 million, a P/E ratio of 29.46, a PEG ratio of 1.28 and a beta of 0.70. The stock has a 50-day simple moving average of $14.15 and a two-hundred day simple moving average of $13.14.

Patria Investments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 15th were given a dividend of $0.15 per share. The ex-dividend date was Friday, August 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.1%. Patria Investments’s dividend payout ratio (DPR) is 107.14%.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Patria Investments from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Patria Investments Company Profile

Patria Investments Limited operates as a private market investment firm focused on investing in Latin America. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds.