Patria Investments Limited (NYSE:PAX - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $14.02 and last traded at $13.98, with a volume of 494688 shares trading hands. The stock had previously closed at $13.61.
Patria Investments Trading Up 2.7%
The stock has a market capitalization of $847.76 million, a PE ratio of 27.96, a price-to-earnings-growth ratio of 1.28 and a beta of 0.67. 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 firm has a 50-day moving average price of $11.78 and a 200-day moving average price of $11.71.
Patria Investments Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 12th. Investors of record on Wednesday, May 14th were issued a dividend of $0.15 per share. The ex-dividend date was Wednesday, May 14th. This represents a $0.60 dividend on an annualized basis and a yield of 4.29%. Patria Investments's dividend payout ratio (DPR) is presently 122.45%.
Institutional Trading of Patria Investments
Hedge funds have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. purchased a new stake in shares of Patria Investments during the 4th quarter worth approximately $41,000. GAMMA Investing LLC increased its position in Patria Investments by 888.9% in the first quarter. GAMMA Investing LLC now owns 3,827 shares of the company's stock worth $43,000 after buying an additional 3,440 shares during the last quarter. CWM LLC raised its stake in shares of Patria Investments by 85.1% in the first quarter. CWM LLC now owns 5,099 shares of the company's stock valued at $58,000 after buying an additional 2,345 shares during the period. BNP Paribas Financial Markets purchased a new position in shares of Patria Investments during the 4th quarter valued at $81,000. Finally, AdvisorNet Financial Inc grew its stake in shares of Patria Investments by 31.9% during the 1st quarter. AdvisorNet Financial Inc now owns 7,240 shares of the company's stock worth $82,000 after acquiring an additional 1,750 shares during the period. Institutional investors own 96.27% of the company's stock.
About Patria Investments
(
Get 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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