Tidal Investments LLC acquired a new position in shares of Patria Investments Limited (NYSE:PAX - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 36,534 shares of the company's stock, valued at approximately $425,000. Tidal Investments LLC owned 0.06% of Patria Investments at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in PAX. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Patria Investments by 4.9% during the fourth 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 last quarter. R Squared Ltd purchased a new position in shares of Patria Investments during the fourth quarter worth $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Patria Investments during the fourth quarter worth $41,000. MetLife Investment Management LLC raised its holdings in shares of Patria Investments by 12.8% during the fourth quarter. MetLife Investment Management LLC now owns 36,111 shares of the company's stock worth $420,000 after purchasing an additional 4,097 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in shares of Patria Investments by 25.0% during the fourth 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. 96.27% of the stock is currently owned by institutional investors and hedge funds.
Patria Investments Stock Performance
Shares of Patria Investments stock traded down $0.08 during trading on Friday, hitting $12.88. 499,874 shares of the company's stock were exchanged, compared to its average volume of 597,638. Patria Investments Limited has a 52-week low of $9.43 and a 52-week high of $13.34. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91. The business has a 50-day simple moving average of $11.21 and a 200-day simple moving average of $11.61. The stock has a market capitalization of $781.06 million, a price-to-earnings ratio of 25.76, a PEG ratio of 1.28 and a beta of 0.57.
Patria Investments Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Wednesday, May 14th will be issued 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 yield of 4.66%. Patria Investments's payout ratio is 122.45%.
Patria Investments Company Profile
(
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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