Patria Investments (NYSE:PAX) Raised to Strong-Buy at Zacks Research

Patria Investments (NYSE:PAX) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

Patria Investments Stock Performance

Patria Investments stock opened at $17.43 on Wednesday. The company’s 50-day moving average is $15.68 and its two-hundred day moving average is $14.66. Patria Investments has a 1 year low of $9.43 and a 1 year high of $17.80. The company has a market cap of $1.16 billion, a PE ratio of 34.86, a PEG ratio of 1.28 and a beta of 0.69. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31.

Institutional Trading of Patria Investments

A number of large investors have recently bought and sold shares of PAX. State of Alaska Department of Revenue acquired a new position in Patria Investments in the 3rd quarter worth $38,000. State of Wyoming bought a new stake in Patria Investments in the 3rd quarter valued at approximately $63,000. Advisory Services Network LLC bought a new position in shares of Patria Investments during the 3rd quarter worth approximately $73,000. Ameritas Investment Partners Inc. raised its holdings in shares of 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 during the last quarter. Finally, CWM LLC lifted its position in shares of Patria Investments by 47.4% in the second quarter. CWM LLC now owns 7,516 shares of the company’s stock worth $106,000 after purchasing an additional 2,417 shares in the last quarter. 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.