Aquatic Capital Management LLC Makes New $436,000 Investment in Patria Investments Limited (NYSE:PAX)

Aquatic Capital Management LLC bought a new position in Patria Investments Limited (NYSE:PAX - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 37,528 shares of the company's stock, valued at approximately $436,000. Aquatic Capital Management LLC owned about 0.06% of Patria Investments as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in PAX. Pertento Partners LLP lifted its position in shares of Patria Investments by 8.9% during the 4th quarter. Pertento Partners LLP now owns 3,308,626 shares of the company's stock valued at $38,479,000 after buying an additional 270,075 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Patria Investments by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 692,190 shares of the company's stock valued at $8,050,000 after purchasing an additional 11,743 shares during the period. JPMorgan Chase & Co. boosted its holdings in Patria Investments by 34.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 442,365 shares of the company's stock worth $4,941,000 after buying an additional 113,935 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Patria Investments by 4.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 135,284 shares of the company's stock worth $1,573,000 after buying an additional 5,852 shares in the last quarter. Finally, Federated Hermes Inc. lifted its position in shares of Patria Investments by 42.1% in the fourth quarter. Federated Hermes Inc. now owns 135,000 shares of the company's stock valued at $1,570,000 after acquiring an additional 40,000 shares in the last quarter. 96.27% of the stock is currently owned by institutional investors.

Patria Investments Price Performance

Shares of NYSE:PAX traded up $0.21 during trading on Monday, hitting $10.76. 641,907 shares of the company's stock were exchanged, compared to its average volume of 572,603. Patria Investments Limited has a 52-week low of $9.43 and a 52-week high of $13.42. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market cap of $643.09 million, a price-to-earnings ratio of 21.52, a PEG ratio of 1.28 and a beta of 0.57. The business's 50-day simple moving average is $10.80 and its 200 day simple moving average is $11.53.

Patria Investments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Wednesday, May 14th will be paid a dividend of $0.15 per share. The ex-dividend date is Wednesday, May 14th. This represents a $0.60 annualized dividend and a yield of 5.58%. Patria Investments's payout ratio is 122.45%.

About Patria Investments

Patria Investments Limited operates as a private market investment firm focused on investing in Latin America. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds.