Capital International Investors reduced its position in shares of Patria Investments Limited (NYSE:PAX - Free Report) by 69.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 251,338 shares of the company's stock after selling 570,876 shares during the period. Capital International Investors owned 0.42% of Patria Investments worth $2,923,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in PAX. State Street Corp grew its stake in Patria Investments by 21.7% during the 3rd quarter. State Street Corp now owns 1,165,331 shares of the company's stock valued at $13,017,000 after acquiring an additional 208,039 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Patria Investments in the third quarter valued at approximately $107,000. Barclays PLC lifted its position in Patria Investments by 314.0% during the third quarter. Barclays PLC now owns 78,977 shares of the company's stock worth $883,000 after buying an additional 59,900 shares in the last quarter. Geode Capital Management LLC boosted its stake in Patria Investments by 0.8% during the third quarter. Geode Capital Management LLC now owns 680,447 shares of the company's stock worth $7,601,000 after buying an additional 5,187 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in 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 buying an additional 113,935 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company's stock.
Patria Investments Trading Up 0.9 %
Shares of NYSE PAX traded up $0.09 during trading on Friday, hitting $10.48. 383,458 shares of the company were exchanged, compared to its average volume of 573,426. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91. Patria Investments Limited has a 12-month low of $9.43 and a 12-month high of $13.76. The company has a fifty day moving average price of $10.97 and a 200-day moving average price of $11.55. The firm has a market capitalization of $626.36 million, a PE ratio of 20.96, a P/E/G ratio of 1.28 and a beta of 0.56.
Patria Investments Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.73%. Patria Investments's dividend payout ratio is currently 120.00%.
About Patria Investments
(
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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