BNP Paribas Financial Markets Makes New $81,000 Investment in Patria Investments Limited (NYSE:PAX)

BNP Paribas Financial Markets purchased a new position in shares of Patria Investments Limited (NYSE:PAX) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,951 shares of the company’s stock, valued at approximately $81,000.

Other institutional investors also recently bought and sold shares of the company. Pertento Partners LLP lifted 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 purchasing an additional 270,075 shares during the last quarter. Castalian Partners LLC purchased a new stake in shares of Patria Investments in the 4th quarter valued at about $1,631,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Patria Investments in the 4th quarter valued at about $840,000. Raymond James Financial Inc. purchased a new stake in shares of Patria Investments in the 4th quarter valued at about $808,000. Finally, TT Capital Management LLC purchased a new stake in shares of Patria Investments in the 4th quarter valued at about $766,000. 96.27% of the stock is owned by hedge funds and other institutional investors.

Patria Investments Stock Down 0.6%

Patria Investments stock opened at $12.88 on Monday. Patria Investments Limited has a fifty-two week low of $9.43 and a fifty-two week high of $13.34. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market capitalization of $781.06 million, a P/E ratio of 25.76, a PEG ratio of 1.28 and a beta of 0.57. The stock has a 50-day simple moving average of $11.21 and a 200-day simple moving average of $11.61.

Patria Investments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Wednesday, May 14th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.66%. The ex-dividend date is Wednesday, May 14th. Patria Investments’s dividend payout ratio (DPR) is presently 122.45%.

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.