Y Intercept Hong Kong Ltd Takes Position in Patria Investments Limited $PAX

Y Intercept Hong Kong Ltd bought a new position in Patria Investments Limited (NYSE:PAX) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 94,975 shares of the company’s stock, valued at approximately $1,197,000.

A number of other large investors also recently bought and sold shares of the business. Advisory Services Network LLC bought a new stake in Patria Investments during the third quarter worth about $73,000. Kemnay Advisory Services Inc. purchased a new position in shares of Patria Investments during the fourth quarter valued at approximately $94,000. Tower Research Capital LLC TRC lifted its holdings in shares of Patria Investments by 52.9% during the second quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the company’s stock valued at $115,000 after purchasing an additional 2,818 shares during the last quarter. State of Wyoming boosted its position in shares of Patria Investments by 117.1% in the 4th quarter. State of Wyoming now owns 9,301 shares of the company’s stock worth $148,000 after purchasing an additional 5,016 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its stake in shares of Patria Investments by 262.8% in the 4th quarter. State of Alaska Department of Revenue now owns 9,683 shares of the company’s stock worth $153,000 after buying an additional 7,014 shares during the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Patria Investments

In other Patria Investments news, Director Olimpio Matarazzo Neto purchased 50,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was purchased at an average price of $11.46 per share, for a total transaction of $573,000.00. Following the completion of the purchase, the director directly owned 235,000 shares of the company’s stock, valued at $2,693,100. This trade represents a 27.03% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders acquired a total of 175,000 shares of company stock valued at $1,980,850 in the last three months. 58.10% of the stock is owned by insiders.

Patria Investments Stock Down 0.1%

Shares of PAX traded down $0.01 on Friday, hitting $11.05. 568,056 shares of the stock traded hands, compared to its average volume of 949,072. Patria Investments Limited has a one year low of $10.56 and a one year high of $17.80. The company has a market capitalization of $735.08 million, a PE ratio of 22.10, a P/E/G ratio of 1.28 and a beta of 0.74. The business has a 50 day simple moving average of $11.39 and a 200 day simple moving average of $13.08. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91.

Patria Investments Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Monday, May 18th were issued a $0.1625 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend was Monday, May 18th. This is a positive change from Patria Investments’s previous quarterly dividend of $0.15. Patria Investments’s dividend payout ratio is 144.44%.

Analyst Upgrades and Downgrades

PAX has been the subject of a number of analyst reports. JPMorgan Chase & Co. reduced their price objective on 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 price target on shares of Patria Investments in a report on Friday, April 24th. Finally, Zacks Research lowered Patria Investments from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $17.00.

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.