Nebula Research & Development LLC cut its stake in shares of Patria Investments Limited (NYSE:PAX - Free Report) by 33.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,569 shares of the company's stock after selling 41,577 shares during the quarter. Nebula Research & Development LLC owned approximately 0.14% of Patria Investments worth $949,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in PAX. Pertento Partners LLP boosted its holdings in Patria Investments by 8.9% in the fourth quarter. Pertento Partners LLP now owns 3,308,626 shares of the company's stock valued at $38,479,000 after acquiring an additional 270,075 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Patria Investments by 34.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 442,365 shares of the company's stock valued at $4,941,000 after purchasing an additional 113,935 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Patria Investments during the fourth quarter worth $840,000. Raymond James Financial Inc. bought a new position in Patria Investments during the fourth quarter worth $808,000. Finally, TT Capital Management LLC acquired a new position in Patria Investments in the fourth quarter valued at $766,000. Institutional investors and hedge funds own 96.27% of the company's stock.
Patria Investments Trading Down 1.2 %
Patria Investments stock traded down $0.13 during trading hours on Friday, reaching $10.55. 868,522 shares of the company's stock were exchanged, compared to its average volume of 572,324. The firm's 50 day simple moving average is $10.82 and its 200 day simple moving average is $11.53. Patria Investments Limited has a twelve month low of $9.43 and a twelve month high of $13.42. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $630.54 million, a PE ratio of 21.10, a PEG ratio of 1.28 and a beta of 0.57.
Patria Investments Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th were issued a $0.15 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $0.60 dividend on an annualized basis and a yield of 5.69%. Patria Investments's payout ratio is currently 122.45%.
Patria Investments 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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