Bank of America Corp DE Has $1.25 Million Stock Holdings in Patria Investments Limited (NYSE:PAX)

Bank of America Corp DE raised its position in Patria Investments Limited (NYSE:PAX - Free Report) by 31.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,130 shares of the company's stock after acquiring an additional 25,626 shares during the quarter. Bank of America Corp DE owned approximately 0.18% of Patria Investments worth $1,246,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in PAX. Pertento Partners LLP increased its position in Patria Investments by 8.9% in the 4th quarter. Pertento Partners LLP now owns 3,308,626 shares of the company's stock valued at $38,479,000 after acquiring an additional 270,075 shares during the period. Geode Capital Management LLC grew its holdings in 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 buying an additional 11,743 shares during the last quarter. Northern Trust Corp lifted its holdings in Patria Investments by 12.7% in the 4th quarter. Northern Trust Corp now owns 597,660 shares of the company's stock valued at $6,951,000 after purchasing an additional 67,241 shares in the last quarter. Castalian Partners LLC acquired a new stake in shares of Patria Investments during the fourth quarter worth $1,631,000. Finally, Charles Schwab Investment Management Inc. grew its holdings 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 valued at $1,573,000 after buying an additional 5,852 shares during the period. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Patria Investments Trading Up 0.3%

Shares of Patria Investments stock traded up $0.04 during trading hours on Monday, hitting $13.47. The company's stock had a trading volume of 415,305 shares, compared to its average volume of 606,995. The company has a market capitalization of $816.83 million, a PE ratio of 26.94, a P/E/G ratio of 1.28 and a beta of 0.67. The business has a fifty day moving average of $11.37 and a 200 day moving average of $11.64. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. Patria Investments Limited has a 1-year low of $9.43 and a 1-year high of $13.56.

Patria Investments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Wednesday, May 14th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.45%. Patria Investments's dividend payout ratio (DPR) is 122.45%.

Patria Investments Profile

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.