Patria Investments Limited (NYSE:PAX) Shares Bought by Pertento Partners LLP

Pertento Partners LLP boosted its stake in Patria Investments Limited (NYSE:PAX) by 8.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,308,626 shares of the company’s stock after acquiring an additional 270,075 shares during the period. Patria Investments accounts for 3.3% of Pertento Partners LLP’s portfolio, making the stock its 15th largest position. Pertento Partners LLP owned approximately 5.54% of Patria Investments worth $38,479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of Patria Investments by 8.8% in the 3rd quarter. FMR LLC now owns 5,976,699 shares of the company’s stock valued at $66,760,000 after purchasing an additional 483,675 shares during the period. State Street Corp lifted its stake in shares of Patria Investments by 21.7% in the third quarter. State Street Corp now owns 1,165,331 shares of the company’s stock valued at $13,017,000 after buying an additional 208,039 shares during the period. Phase 2 Partners LLC raised its stake in shares of Patria Investments by 57.7% in the third quarter. Phase 2 Partners LLC now owns 541,602 shares of the company’s stock valued at $6,050,000 after purchasing an additional 198,225 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Patria Investments by 34.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 442,365 shares of the company’s stock valued at $4,941,000 after acquiring an additional 113,935 shares in the last quarter. Finally, Citigroup Inc. boosted its stake in Patria Investments by 43.9% in the 3rd quarter. Citigroup Inc. now owns 318,580 shares of the company’s stock valued at $3,559,000 after buying an additional 97,210 shares in the last quarter. 96.27% of the stock is currently owned by institutional investors.

Patria Investments Stock Down 1.7 %

Shares of NYSE PAX opened at $11.39 on Friday. The company has a market cap of $680.75 million, a price-to-earnings ratio of 22.78, a price-to-earnings-growth ratio of 1.28 and a beta of 0.58. Patria Investments Limited has a 12-month low of $10.50 and a 12-month high of $14.90. 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 firm’s 50-day simple moving average is $11.75 and its 200 day simple moving average is $11.69.

Patria Investments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.27%. The ex-dividend date of this dividend was Tuesday, February 25th. Patria Investments’s dividend payout ratio (DPR) is presently 120.00%.

Patria Investments Company Profile

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.