Patria Investments Limited (NYSE:PAX - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $13.36 and last traded at $13.26, with a volume of 345962 shares. The stock had previously closed at $12.89.
Patria Investments Stock Performance
The business has a 50-day moving average price of $11.37 and a 200-day moving average price of $11.65. 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 $814.41 million, a price-to-earnings ratio of 26.86, a P/E/G ratio of 1.28 and a beta of 0.57.
Patria Investments Dividend Announcement
The firm also recently declared 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. This represents a $0.60 annualized dividend and a yield of 4.47%. The ex-dividend date is Wednesday, May 14th. Patria Investments's dividend payout ratio is presently 122.45%.
Institutional Investors Weigh In On Patria Investments
A number of large investors have recently modified their holdings of PAX. SBI Securities Co. Ltd. acquired a new stake in Patria Investments in the 4th quarter worth approximately $41,000. GAMMA Investing LLC boosted its stake in shares of 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. Roxbury Financial LLC acquired a new stake in shares of Patria Investments during the 4th quarter worth approximately $55,000. CWM LLC grew its position in Patria Investments by 85.1% during 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. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Patria Investments during the 4th quarter worth about $81,000. Hedge funds and other institutional investors own 96.27% of the company's stock.
About Patria Investments
(
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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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