Patria Investments Limited (NYSE:PAX) Shares Sold by Invesco Ltd.

Invesco Ltd. decreased its position in Patria Investments Limited (NYSE:PAX) by 8.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,352 shares of the company’s stock after selling 5,225 shares during the period. Invesco Ltd. owned approximately 0.09% of Patria Investments worth $632,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Federated Hermes Inc. raised its stake in shares of Patria Investments by 42.1% in the fourth quarter. Federated Hermes Inc. now owns 135,000 shares of the company’s stock worth $1,570,000 after purchasing an additional 40,000 shares during the last quarter. Quadrant Capital Group LLC raised its position in Patria Investments by 239.5% during the 4th quarter. Quadrant Capital Group LLC now owns 9,692 shares of the company’s stock worth $113,000 after buying an additional 6,837 shares during the last quarter. Geode Capital Management LLC raised its position in Patria Investments by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 692,190 shares of the company’s stock worth $8,050,000 after buying an additional 11,743 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in Patria Investments during the 4th quarter valued at approximately $840,000. Finally, Pertento Partners LLP boosted its holdings in shares of Patria Investments by 8.9% in the 4th quarter. Pertento Partners LLP now owns 3,308,626 shares of the company’s stock valued at $38,479,000 after acquiring an additional 270,075 shares during the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.

Patria Investments Trading Down 1.2 %

Shares of Patria Investments stock opened at $10.55 on Friday. The stock has a market cap of $630.54 million, a PE ratio of 21.10, a price-to-earnings-growth ratio of 1.28 and a beta of 0.56. The firm has a fifty day moving average price of $10.82 and a 200 day moving average price of $11.53. Patria Investments Limited has a 1 year low of $9.43 and a 1 year high of $13.42. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.69%. Patria Investments’s payout ratio is currently 120.00%.

About Patria Investments

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.