Patria Investments (NYSE:PAX) Sets New 12-Month Low – Time to Sell?

Patria Investments Limited (NYSE:PAX) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $11.03 and last traded at $11.07, with a volume of 133314 shares trading hands. The stock had previously closed at $11.15.

Wall Street Analysts Forecast Growth

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

Patria Investments Stock Down 1.0%

The stock has a market cap of $734.08 million, a price-to-earnings ratio of 22.03, a P/E/G ratio of 1.28 and a beta of 0.77. 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 stock’s 50-day moving average price is $12.17 and its 200-day moving average price is $14.12.

Patria Investments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Monday, May 18th will be given a $0.1625 dividend. This is an increase from Patria Investments’s previous quarterly dividend of $0.15. The ex-dividend date is Monday, May 18th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.9%. Patria Investments’s dividend payout ratio is presently 144.44%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. State of Alaska Department of Revenue acquired a new position in shares of Patria Investments during the 3rd quarter valued at $38,000. State of Wyoming acquired a new position in shares of Patria Investments during the 3rd quarter valued at $63,000. Advisory Services Network LLC acquired a new position in shares of Patria Investments during the 3rd quarter valued at $73,000. Kemnay Advisory Services Inc. acquired a new position in shares of Patria Investments during the 4th quarter valued at $94,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of Patria Investments by 52.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the company’s stock valued at $115,000 after acquiring an additional 2,818 shares during the period. Institutional investors and hedge funds own 96.27% of the company’s stock.

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.