AXQ Capital LP Cuts Position in Patria Investments Limited (NYSE:PAX)

AXQ Capital LP lowered its holdings in shares of Patria Investments Limited (NYSE:PAX) by 21.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,070 shares of the company’s stock after selling 2,681 shares during the period. AXQ Capital LP’s holdings in Patria Investments were worth $117,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PAX. FMR LLC raised its stake in shares of Patria Investments by 8.8% during the 3rd quarter. FMR LLC now owns 5,976,699 shares of the company’s stock worth $66,760,000 after buying an additional 483,675 shares during the period. State Street Corp raised its position in Patria Investments by 21.7% during the third quarter. State Street Corp now owns 1,165,331 shares of the company’s stock worth $13,017,000 after acquiring an additional 208,039 shares during the period. Geode Capital Management LLC lifted its holdings in Patria Investments by 0.8% during the third quarter. Geode Capital Management LLC now owns 680,447 shares of the company’s stock valued at $7,601,000 after purchasing an additional 5,187 shares in the last quarter. Phase 2 Partners LLC grew its position in shares of Patria Investments by 57.7% in the third quarter. Phase 2 Partners LLC now owns 541,602 shares of the company’s stock valued at $6,050,000 after purchasing an additional 198,225 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of Patria Investments by 34.7% during the third quarter. JPMorgan Chase & Co. now owns 442,365 shares of the company’s stock worth $4,941,000 after purchasing an additional 113,935 shares in the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

Patria Investments Trading Up 0.7 %

Shares of Patria Investments stock opened at $11.79 on Tuesday. Patria Investments Limited has a twelve month low of $10.50 and a twelve month high of $14.90. The firm’s 50-day moving average price is $11.73 and its 200 day moving average price is $11.68. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $704.65 million, a PE ratio of 23.58, a P/E/G ratio of 1.28 and a beta of 0.58.

Patria Investments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.09%. The ex-dividend date of this dividend was Tuesday, February 25th. Patria Investments’s dividend payout ratio is presently 120.00%.

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.