Shares of Patria Investments Limited (NYSE:PAX - Get Free Report) 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 Trading Up 2.1 %
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 company has a market cap of $671.18 million, a P/E ratio of 22.46, a PEG ratio of 1.28 and a beta of 0.57. The business has a fifty day moving average price of $10.78 and a 200-day moving average price of $11.52.
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 dividend of $0.15 per share. The ex-dividend date is Wednesday, May 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.34%. Patria Investments's payout ratio is 122.45%.
Institutional Investors Weigh In On Patria Investments
Large investors have recently modified their holdings of the business. Barclays PLC increased its position in Patria Investments by 314.0% during the 3rd quarter. Barclays PLC now owns 78,977 shares of the company's stock worth $883,000 after purchasing an additional 59,900 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of 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 acquiring an additional 113,935 shares in the last quarter. Empirical Asset Management LLC acquired a new position in shares of Patria Investments in the 4th quarter valued at about $391,000. Raymond James Financial Inc. bought a new stake in shares of Patria Investments during the 4th quarter valued at about $808,000. Finally, TimesSquare Capital Management LLC acquired a new stake in Patria Investments during the fourth quarter worth approximately $625,000. Institutional investors and hedge funds 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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