New York State Common Retirement Fund Increases Holdings in Patria Investments Limited (NYSE:PAX)

Key Points

• The New York State Common Retirement Fund increased its position in Patria Investments Limited by 174.7%, now holding 39,468 shares valued at $446,000 as of the latest SEC filing.
• Other institutional investors have also significantly raised their stakes, with GAMMA Investing LLC boosting its holdings by 888.9% during the first quarter.
• Patria Investments' stock is currently trading at $13.70 after recently reaching a fifty-two week high of $14.52.

New York State Common Retirement Fund boosted its position in Patria Investments Limited (NYSE:PAX - Free Report) by 174.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 39,468 shares of the company's stock after acquiring an additional 25,100 shares during the period. New York State Common Retirement Fund owned about 0.07% of Patria Investments worth $446,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pertento Partners LLP grew its stake 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 during the period. Nuveen Asset Management LLC grew its stake in shares of Patria Investments by 40.9% during the 4th quarter. Nuveen Asset Management LLC now owns 1,317,635 shares of the company's stock valued at $15,324,000 after buying an additional 382,178 shares during the period. Millennium Management LLC grew its stake in shares of Patria Investments by 27.2% during the 4th 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 period. Geode Capital Management LLC grew its stake 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 buying an additional 11,743 shares during the period. Finally, Northern Trust Corp grew its stake in shares of Patria Investments by 12.7% during the 4th quarter. Northern Trust Corp now owns 597,660 shares of the company's stock valued at $6,951,000 after buying an additional 67,241 shares during the period. 96.27% of the stock is owned by hedge funds and other institutional investors.

Patria Investments Trading Up 2.1%

Shares of NYSE PAX traded up $0.29 during trading on Tuesday, hitting $14.00. 73,442 shares of the company traded hands, compared to its average volume of 566,755. Patria Investments Limited has a 1 year low of $9.43 and a 1 year high of $14.52. The company has a 50-day moving average price of $13.57 and a 200-day moving average price of $12.12. The firm has a market capitalization of $848.67 million, a P/E ratio of 27.99, a P/E/G ratio of 1.28 and a beta of 0.69. 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 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.