Northern Trust Corp raised its position in Patria Investments Limited (NYSE:PAX - Free Report) by 12.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 597,660 shares of the company's stock after purchasing an additional 67,241 shares during the quarter. Northern Trust Corp owned 1.00% of Patria Investments worth $6,951,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. R Squared Ltd acquired a new position in shares of Patria Investments during the fourth quarter worth approximately $29,000. SBI Securities Co. Ltd. purchased a new stake in shares of Patria Investments in the fourth quarter worth approximately $41,000. MetLife Investment Management LLC grew its holdings in shares of Patria Investments by 12.8% during the 4th quarter. MetLife Investment Management LLC now owns 36,111 shares of the company's stock valued at $420,000 after acquiring an additional 4,097 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in Patria Investments by 25.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 22,319 shares of the company's stock worth $260,000 after purchasing an additional 4,459 shares during the last quarter. Finally, Roxbury Financial LLC bought a new position in Patria Investments during the fourth quarter valued at approximately $55,000. Institutional investors and hedge funds own 96.27% of the company's stock.
Patria Investments Trading Down 0.2%
Shares of NYSE:PAX opened at $12.82 on Tuesday. The firm has a fifty day moving average price of $10.99 and a 200 day moving average price of $11.56. The company has a current ratio of 0.91, a quick 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 $13.34. The stock has a market capitalization of $766.21 million, a PE ratio of 25.64, a P/E/G ratio of 1.28 and a beta of 0.57.
Patria Investments Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Wednesday, May 14th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.68%. The ex-dividend date is Wednesday, May 14th. Patria Investments's dividend payout ratio is 122.45%.
About Patria Investments
(
Free Report)
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.
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