Patria Investments Limited (NYSE:PAX - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $10.68, but opened at $10.19. Patria Investments shares last traded at $10.33, with a volume of 236,338 shares traded.
Patria Investments Price Performance
The firm's fifty day moving average price is $10.82 and its 200-day moving average price is $11.53. 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 stock has a market cap of $643.09 million, a P/E ratio of 21.52, a PEG ratio of 1.28 and a beta of 0.57.
Patria Investments Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Wednesday, May 14th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.58%. The ex-dividend date of this dividend is Wednesday, May 14th. Patria Investments's dividend payout ratio (DPR) is 122.45%.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the business. Barclays PLC increased its stake in shares of Patria Investments by 314.0% during the third quarter. Barclays PLC now owns 78,977 shares of the company's stock valued at $883,000 after buying an additional 59,900 shares during the period. JPMorgan Chase & Co. raised 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 worth $4,941,000 after purchasing an additional 113,935 shares in the last quarter. Empirical Asset Management LLC purchased a new stake in shares of Patria Investments in the 4th quarter worth about $391,000. Raymond James Financial Inc. purchased a new stake in shares of Patria Investments in the 4th quarter worth about $808,000. Finally, TimesSquare Capital Management LLC bought a new stake in shares of Patria Investments during the 4th quarter valued at about $625,000. Hedge funds and other institutional investors own 96.27% of the company's stock.
Patria Investments Company Profile
(
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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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