Patria Investments Limited (NYSE:PAX - Get Free Report) hit 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 changing hands. The stock had previously closed at $12.89.
Patria Investments Trading Up 1.2%
The company's 50-day moving average price is $11.37 and its 200-day moving average price is $11.65. The firm has a market cap of $814.41 million, a price-to-earnings ratio of 26.86, a price-to-earnings-growth ratio of 1.28 and a beta of 0.67. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31.
Patria Investments Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Wednesday, May 14th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $0.60 annualized dividend and a dividend yield of 4.47%. Patria Investments's dividend payout ratio (DPR) is 122.45%.
Hedge Funds Weigh In On Patria Investments
A number of institutional investors and hedge funds have recently bought and sold shares of the business. SBI Securities Co. Ltd. acquired a new position in Patria Investments during the fourth quarter worth about $41,000. GAMMA Investing LLC boosted its position in Patria Investments by 888.9% during the first quarter. GAMMA Investing LLC now owns 3,827 shares of the company's stock worth $43,000 after acquiring an additional 3,440 shares during the last quarter. Roxbury Financial LLC acquired a new position in Patria Investments during the fourth quarter worth about $55,000. CWM LLC boosted its position in Patria Investments by 85.1% during the first quarter. CWM LLC now owns 5,099 shares of the company's stock worth $58,000 after acquiring an additional 2,345 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in Patria Investments during the fourth quarter worth about $81,000. 96.27% of the stock is currently owned by institutional investors and hedge funds.
Patria Investments Company Profile
(
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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