Patria Investments (NYSE:PAX) Shares Gap Down – Here’s Why

Patria Investments Limited (NYSE:PAX)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $17.15, but opened at $16.63. Patria Investments shares last traded at $16.6550, with a volume of 285,553 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Patria Investments from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Patria Investments currently has a consensus rating of “Strong Buy”.

Patria Investments Trading Down 4.5%

The business has a 50 day simple moving average of $15.96 and a 200 day simple moving average of $14.80. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 32.74, a price-to-earnings-growth ratio of 1.28 and a beta of 0.69.

Patria Investments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, November 14th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.7%. The ex-dividend date was Friday, November 14th. Patria Investments’s dividend payout ratio (DPR) is presently 86.96%.

Institutional Trading of Patria Investments

Several hedge funds have recently modified their holdings of PAX. Mizuho Markets Americas LLC bought a new position in Patria Investments in the 3rd quarter worth approximately $21,900,000. Pertento Partners LLP increased its stake in shares of Patria Investments by 19.7% in the 3rd quarter. Pertento Partners LLP now owns 3,971,972 shares of the company’s stock valued at $57,991,000 after buying an additional 654,966 shares during the period. 683 Capital Management LLC bought a new stake in shares of Patria Investments during the second quarter worth $5,624,000. Inherent Management Corp. lifted its stake in shares of Patria Investments by 21.3% during the second quarter. Inherent Management Corp. now owns 1,466,831 shares of the company’s stock valued at $20,624,000 after acquiring an additional 258,008 shares during the period. Finally, Globeflex Capital L P bought a new position in Patria Investments in the second quarter valued at about $3,065,000. 96.27% of the stock is owned by institutional investors.

About Patria Investments

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.