Patria Investments Limited (NYSE:PAX) Shares Acquired by Nuveen Asset Management LLC

Nuveen Asset Management LLC boosted its stake in Patria Investments Limited (NYSE:PAX - Free Report) by 40.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,317,635 shares of the company's stock after acquiring an additional 382,178 shares during the period. Nuveen Asset Management LLC owned about 2.20% of Patria Investments worth $15,324,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Millennium Management LLC lifted its stake in Patria Investments by 27.2% in the fourth quarter. Millennium Management LLC now owns 915,407 shares of the company's stock valued at $10,646,000 after buying an additional 195,616 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Patria Investments by 4.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,590 shares of the company's stock worth $367,000 after purchasing an additional 1,487 shares during the period. Janus Henderson Group PLC grew its position in Patria Investments by 17.0% during the 4th quarter. Janus Henderson Group PLC now owns 99,800 shares of the company's stock worth $1,160,000 after purchasing an additional 14,522 shares during the last quarter. Deutsche Bank AG grew its position in Patria Investments by 42.1% during the 4th quarter. Deutsche Bank AG now owns 55,851 shares of the company's stock worth $650,000 after purchasing an additional 16,536 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in Patria Investments by 31.4% in the fourth quarter. Bank of America Corp DE now owns 107,130 shares of the company's stock valued at $1,246,000 after purchasing an additional 25,626 shares during the period. Institutional investors and hedge funds own 96.27% of the company's stock.

Patria Investments Stock Performance

Shares of NYSE:PAX traded up $0.23 on Tuesday, reaching $13.10. The company's stock had a trading volume of 658,384 shares, compared to its average volume of 590,473. Patria Investments Limited has a 52-week low of $9.43 and a 52-week high of $13.34. The stock has a market capitalization of $794.40 million, a P/E ratio of 26.20, a PEG ratio of 1.28 and a beta of 0.57. The stock's 50-day moving average is $11.14 and its two-hundred day moving average is $11.60. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91.

Patria Investments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Wednesday, May 14th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.58%. The ex-dividend date is Wednesday, May 14th. Patria Investments's dividend payout ratio is presently 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.