Patria Investments Limited (NYSE:PAX - Get Free Report) shares dropped 4.8% on Thursday . The stock traded as low as $14.34 and last traded at $13.62. Approximately 179,000 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 584,956 shares. The stock had previously closed at $14.30.
Patria Investments Price Performance
The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a market capitalization of $866.07 million, a P/E ratio of 28.56, a PEG ratio of 1.28 and a beta of 0.67. The company's 50 day moving average price is $12.71 and its 200 day moving average price is $11.84.
Patria Investments Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 12th. Shareholders of record on Wednesday, May 14th were paid a $0.15 dividend. The ex-dividend date was Wednesday, May 14th. This represents a $0.60 dividend on an annualized basis and a yield of 4.20%. Patria Investments's payout ratio is presently 122.45%.
Institutional Trading of Patria Investments
Several institutional investors and hedge funds have recently made changes to their positions in the business. SBI Securities Co. Ltd. acquired a new stake in shares of Patria Investments during the fourth quarter worth $41,000. GAMMA Investing LLC raised its holdings in 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 purchasing an additional 3,440 shares during the period. CWM LLC boosted its position in shares of 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 purchasing an additional 2,345 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in shares of Patria Investments in the 4th quarter valued at $81,000. Finally, AdvisorNet Financial Inc increased its position in shares of Patria Investments by 31.9% in the 1st quarter. AdvisorNet Financial Inc now owns 7,240 shares of the company's stock valued at $82,000 after buying an additional 1,750 shares in the last quarter. Institutional investors own 96.27% of the company's stock.
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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