Patria Investments Limited (NYSE:PAX - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $14.11 and last traded at $14.07, with a volume of 436815 shares. The stock had previously closed at $13.72.
Patria Investments Trading Up 0.8%
The stock has a market cap of $867.17 million, a PE ratio of 28.60, a PEG ratio of 1.28 and a beta of 0.67. The company's fifty day moving average is $12.71 and its 200-day moving average is $11.84. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91.
Patria Investments Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, June 12th. Stockholders of record on Wednesday, May 14th were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.20%. Patria Investments's payout ratio is 122.45%.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the stock. Pertento Partners LLP boosted its holdings in Patria Investments by 8.9% during the fourth quarter. Pertento Partners LLP now owns 3,308,626 shares of the company's stock worth $38,479,000 after buying an additional 270,075 shares in the last quarter. Adage Capital Partners GP L.L.C. boosted its stake in shares of Patria Investments by 9.6% during the 1st quarter. Adage Capital Partners GP L.L.C. now owns 1,625,000 shares of the company's stock worth $18,346,000 after acquiring an additional 141,842 shares in the last quarter. Nuveen Asset Management LLC grew its position in shares of Patria Investments by 40.9% during the 4th quarter. Nuveen Asset Management LLC now owns 1,317,635 shares of the company's stock valued at $15,324,000 after acquiring an additional 382,178 shares during the period. Nuveen LLC acquired a new stake in shares of Patria Investments during the 1st quarter valued at about $13,503,000. Finally, Millennium Management LLC increased its stake in shares of Patria Investments by 27.2% in the 4th quarter. Millennium Management LLC now owns 915,407 shares of the company's stock valued at $10,646,000 after purchasing an additional 195,616 shares in the last quarter. 96.27% of the stock is currently owned by hedge funds and other institutional investors.
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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