Globeflex Capital L P Acquires Shares of 54,416 Patria Investments Limited $PAX

Globeflex Capital L P acquired a new position in shares of Patria Investments Limited (NYSE:PAXFree Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 54,416 shares of the company’s stock, valued at approximately $597,000. Globeflex Capital L P owned about 0.08% of Patria Investments as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in PAX. Advisory Services Network LLC purchased a new stake in shares of Patria Investments in the third quarter valued at about $73,000. Kemnay Advisory Services Inc. purchased a new position in Patria Investments during the fourth quarter worth about $94,000. Tower Research Capital LLC TRC raised its holdings in Patria Investments by 52.9% during the second quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the company’s stock worth $115,000 after purchasing an additional 2,818 shares in the last quarter. State of Wyoming lifted its position in Patria Investments by 117.1% in the fourth quarter. State of Wyoming now owns 9,301 shares of the company’s stock valued at $148,000 after purchasing an additional 5,016 shares during the period. Finally, Cetera Investment Advisers acquired a new stake in Patria Investments in the first quarter valued at about $152,000. Institutional investors and hedge funds own 96.27% of the company’s stock.

Insider Activity

In other Patria Investments news, CEO Marco Nicola D’ippolito sold 7,004 shares of the company’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $11.29, for a total transaction of $79,075.16. Following the transaction, the chief executive officer directly owned 443,178 shares in the company, valued at approximately $5,003,479.62. This represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Olimpio Matarazzo Neto bought 50,000 shares of the company’s stock in a transaction on Friday, June 5th. The stock was bought at an average cost of $11.46 per share, with a total value of $573,000.00. Following the completion of the acquisition, the director owned 235,000 shares of the company’s stock, valued at $2,693,100. This represents a 27.03% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 130,000 shares of company stock valued at $1,475,350 in the last quarter. Company insiders own 58.10% of the company’s stock.

Analyst Ratings Changes

Separately, Zacks Research upgraded Patria Investments from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.00.

View Our Latest Research Report on Patria Investments

Patria Investments Price Performance

Patria Investments stock opened at $11.78 on Wednesday. Patria Investments Limited has a one year low of $10.55 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 business has a fifty day moving average of $11.15 and a two-hundred day moving average of $11.90. The company has a market cap of $783.64 million, a P/E ratio of 23.56, a price-to-earnings-growth ratio of 1.28 and a beta of 0.76.

Patria Investments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, August 10th will be issued a $0.1625 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date is Monday, August 10th. Patria Investments’s dividend payout ratio (DPR) is currently 147.73%.

Patria Investments Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Patria Investments (NYSE:PAX)

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