Hussman Strategic Advisors Inc. Makes New $667,000 Investment in Patria Investments Limited $PAX

Hussman Strategic Advisors Inc. bought a new position in Patria Investments Limited (NYSE:PAX) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 42,000 shares of the company’s stock, valued at approximately $667,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PAX. Principal Financial Group Inc. purchased a new stake in shares of Patria Investments during the 3rd quarter valued at $1,104,000. Mizuho Markets Americas LLC purchased a new stake in shares of Patria Investments during the 3rd quarter valued at $21,900,000. Pertento Partners LLP grew its stake in shares of Patria Investments by 19.7% during the 3rd quarter. Pertento Partners LLP now owns 3,971,972 shares of the company’s stock valued at $57,991,000 after buying an additional 654,966 shares during the period. Citigroup Inc. grew its stake in shares of Patria Investments by 36.4% during the 3rd quarter. Citigroup Inc. now owns 261,438 shares of the company’s stock valued at $3,817,000 after buying an additional 69,761 shares during the period. Finally, Tudor Investment Corp ET AL grew its stake in shares of Patria Investments by 590.3% during the 3rd quarter. Tudor Investment Corp ET AL now owns 230,682 shares of the company’s stock valued at $3,368,000 after buying an additional 197,265 shares during the period. 96.27% of the stock is owned by hedge funds and other institutional investors.

Patria Investments Price Performance

Shares of NYSE PAX opened at $12.69 on Monday. Patria Investments Limited has a 52-week low of $10.12 and a 52-week high of $17.80. The firm has a fifty day moving average of $12.42 and a 200-day moving average of $14.32. The stock has a market capitalization of $844.18 million, a PE ratio of 25.38, a P/E/G ratio of 1.28 and a beta of 0.78. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on PAX. Zacks Research cut shares of Patria Investments from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. The Goldman Sachs Group reissued a “buy” rating and set a $18.00 price objective on shares of Patria Investments in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. lowered 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. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Patria Investments currently has a consensus rating of “Hold” and an average price target of $17.00.

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.