Patria Investments (NYSE:PAX) Director Olimpio Matarazzo Neto Buys 15,000 Shares of Stock

Patria Investments Limited (NYSE:PAX) Director Olimpio Matarazzo Neto purchased 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were bought at an average cost of $11.31 per share, with a total value of $169,650.00. Following the transaction, the director directly owned 60,000 shares of the company’s stock, valued at $678,600. The trade was a 33.33% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Olimpio Matarazzo Neto also recently made the following trade(s):

• On Wednesday, May 20th, Olimpio Matarazzo Neto purchased 15,000 shares of Patria Investments stock. The shares were bought at an average cost of $10.99 per share, with a total value of $164,850.00.
• On Friday, May 15th, Olimpio Matarazzo Neto purchased 15,000 shares of Patria Investments stock. The shares were bought at an average cost of $11.40 per share, with a total value of $171,000.00.

Patria Investments Stock Performance

Shares of PAX stock opened at $11.43 on Friday. Patria Investments Limited has a one year low of $10.72 and a one year high of $17.80. 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 company has a 50 day moving average price of $12.10 and a 200 day moving average price of $13.92. The firm has a market capitalization of $760.36 million, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 1.28 and a beta of 0.77.

Patria Investments Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Monday, May 18th will be given a dividend of $0.1625 per share. This represents a $0.65 annualized dividend and a yield of 5.7%. This is a positive change from Patria Investments’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Monday, May 18th. Patria Investments’s dividend payout ratio (DPR) is currently 144.44%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. 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 note on Wednesday, April 8th. Zacks Research downgraded shares of Patria Investments from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 5th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $18.00 price objective on shares of Patria Investments in a research note on Friday, April 24th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $17.00.

Institutional Investors Weigh In On Patria Investments

Several institutional investors have recently bought and sold shares of PAX. Bank of America Corp DE boosted its stake in shares of Patria Investments by 2.9% in the first quarter. Bank of America Corp DE now owns 246,552 shares of the company’s stock valued at $3,107,000 after purchasing an additional 6,865 shares during the period. Royal Bank of Canada boosted its stake in shares of Patria Investments by 3,747.6% in the first quarter. Royal Bank of Canada now owns 68,218 shares of the company’s stock valued at $860,000 after purchasing an additional 66,445 shares during the period. Entropy Technologies LP purchased a new position in shares of Patria Investments in the first quarter valued at $327,000. Renaissance Technologies LLC purchased a new position in shares of Patria Investments in the first quarter valued at $2,971,000. Finally, Globeflex Capital L P boosted its stake in shares of Patria Investments by 12.4% in the first quarter. Globeflex Capital L P now owns 298,500 shares of the company’s stock valued at $3,761,000 after purchasing an additional 32,947 shares during the period. 96.27% of the stock is currently owned by hedge funds and other 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.