Patria Investments Limited $PAX Shares Sold by UBS Group AG

UBS Group AG decreased its stake in Patria Investments Limited (NYSE:PAX) by 18.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 643,545 shares of the company’s stock after selling 143,096 shares during the period. UBS Group AG owned 0.97% of Patria Investments worth $10,226,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in PAX. Pertento Partners LLP grew its stake in Patria Investments by 19.7% during the 3rd quarter. Pertento Partners LLP now owns 3,971,972 shares of the company’s stock worth $57,991,000 after buying an additional 654,966 shares during the last quarter. Samlyn Capital LLC grew its stake in Patria Investments by 3.4% during the 3rd quarter. Samlyn Capital LLC now owns 1,986,266 shares of the company’s stock worth $28,999,000 after buying an additional 66,161 shares during the last quarter. Mizuho Markets Americas LLC bought a new position in Patria Investments during the 3rd quarter worth $21,900,000. Millennium Management LLC grew its stake in Patria Investments by 3.7% during the 3rd quarter. Millennium Management LLC now owns 865,107 shares of the company’s stock worth $12,631,000 after buying an additional 30,978 shares during the last quarter. Finally, MHR Fund Management LLC grew its stake in Patria Investments by 27.4% during the 3rd quarter. MHR Fund Management LLC now owns 800,000 shares of the company’s stock worth $11,680,000 after buying an additional 172,018 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on PAX shares. The Goldman Sachs Group restated a “buy” rating and set a $18.00 price objective on shares of Patria Investments in a research note on Friday, April 24th. Zacks Research downgraded Patria Investments from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. lowered their price objective on Patria Investments from $17.00 to $16.00 and set a “neutral” rating for the company in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $17.00.

Patria Investments Stock Performance

Shares of NYSE PAX opened at $11.36 on Friday. The stock has a fifty day moving average price of $12.20 and a two-hundred day moving average price of $14.15. 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 cap of $755.70 million, a P/E ratio of 22.72, a PEG ratio of 1.28 and a beta of 0.77. Patria Investments Limited has a 1 year low of $11.05 and a 1 year high of $17.80.

Patria Investments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Monday, May 18th will be paid a dividend of $0.1625 per share. This represents a $0.65 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Monday, May 18th. This is an increase from Patria Investments’s previous quarterly dividend of $0.15. Patria Investments’s dividend payout ratio is 144.44%.

Patria Investments Company Profile

Patria Investments Limited (NYSE: PAX) is a Brazil-based alternative asset management firm specializing in private equity, infrastructure, real estate and credit investments. Since its founding in 1988, the firm has focused on identifying and partnering with high-potential companies and projects across Latin America. Patria’s investment approach combines local market expertise with global best practices to structure and manage portfolios that aim to deliver long-term value to institutional and high-net-worth clients.

The company’s core business activities include private equity funds targeting mid-market and large-cap buyouts, infrastructure funds investing in essential assets such as energy and transportation, real estate strategies encompassing residential, commercial and logistics properties, and credit funds that provide financing solutions across the capital structure.