Pertento Partners LLP Acquires 654,966 Shares of Patria Investments Limited $PAX

Pertento Partners LLP lifted its holdings in Patria Investments Limited (NYSE:PAX) by 19.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,971,972 shares of the company’s stock after purchasing an additional 654,966 shares during the quarter. Patria Investments accounts for approximately 6.7% of Pertento Partners LLP’s investment portfolio, making the stock its 6th biggest holding. Pertento Partners LLP owned 0.06% of Patria Investments worth $57,991,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in PAX. Ameritas Investment Partners Inc. grew its position in Patria Investments by 14.4% in the second quarter. Ameritas Investment Partners Inc. now owns 6,140 shares of the company’s stock valued at $86,000 after purchasing an additional 775 shares in the last quarter. Legal & General Group Plc lifted its position in Patria Investments by 2.3% during the 3rd quarter. Legal & General Group Plc now owns 38,430 shares of the company’s stock worth $561,000 after buying an additional 875 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Patria Investments by 1.0% during the 3rd quarter. Rhumbline Advisers now owns 93,634 shares of the company’s stock worth $1,367,000 after buying an additional 917 shares during the last quarter. CWM LLC boosted its stake in shares of Patria Investments by 12.3% during the 3rd quarter. CWM LLC now owns 8,439 shares of the company’s stock worth $123,000 after buying an additional 923 shares during the last quarter. Finally, Brookwood Investment Group LLC grew its holdings in shares of Patria Investments by 5.2% in the 3rd quarter. Brookwood Investment Group LLC now owns 25,916 shares of the company’s stock valued at $378,000 after acquiring an additional 1,285 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.

Patria Investments Stock Performance

Shares of PAX opened at $11.96 on Thursday. The company has a market cap of $795.62 million, a PE ratio of 23.92, a price-to-earnings-growth ratio of 1.28 and a beta of 0.69. The firm has a 50-day moving average of $14.87 and a 200-day moving average of $14.81. Patria Investments Limited has a one year low of $9.43 and a one year high of $17.80. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91.

Patria Investments Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 20th will be issued a dividend of $0.15 per share. The ex-dividend date is Friday, February 20th. This represents a $0.60 dividend on an annualized basis and a yield of 5.0%. Patria Investments’s dividend payout ratio (DPR) is presently 113.21%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on PAX shares. Zacks Research upgraded Patria Investments from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 14th. The Goldman Sachs Group raised their price target on Patria Investments from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Strong Buy” and an average price target of $20.00.

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.