Nuveen Asset Management LLC Buys 382,178 Shares of Patria Investments Limited (NYSE:PAX)

Nuveen Asset Management LLC boosted its stake in Patria Investments Limited (NYSE:PAX - Free Report) by 40.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,317,635 shares of the company's stock after purchasing an additional 382,178 shares during the period. Nuveen Asset Management LLC owned about 2.20% of Patria Investments worth $15,324,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of PAX. R Squared Ltd bought a new position in shares of Patria Investments during the fourth quarter worth about $29,000. SBI Securities Co. Ltd. acquired a new stake in Patria Investments during the 4th quarter worth about $41,000. Roxbury Financial LLC bought a new position in shares of Patria Investments in the 4th quarter worth about $55,000. BNP Paribas Financial Markets acquired a new position in shares of Patria Investments in the 4th quarter valued at about $81,000. Finally, Quadrant Capital Group LLC boosted its position in shares of Patria Investments by 239.5% during the 4th quarter. Quadrant Capital Group LLC now owns 9,692 shares of the company's stock valued at $113,000 after purchasing an additional 6,837 shares in the last quarter. 96.27% of the stock is owned by institutional investors.

Patria Investments Trading Down 0.6%

PAX stock traded down $0.08 during mid-day trading on Friday, reaching $12.88. The company's stock had a trading volume of 46,146 shares, compared to its average volume of 578,930. Patria Investments Limited has a 12 month low of $9.43 and a 12 month high of $13.34. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31. The business's 50 day moving average price is $11.19 and its 200 day moving average price is $11.61. The company has a market cap of $781.06 million, a price-to-earnings ratio of 25.76, a price-to-earnings-growth ratio of 1.28 and a beta of 0.57.

Patria Investments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Wednesday, May 14th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend is Wednesday, May 14th. Patria Investments's dividend payout ratio (DPR) is currently 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.