Rhumbline Advisers Purchases 5,479 Shares of Patria Investments Limited (NYSE:PAX)

Rhumbline Advisers grew its position in Patria Investments Limited (NYSE:PAX) by 7.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 82,275 shares of the company’s stock after purchasing an additional 5,479 shares during the quarter. Rhumbline Advisers owned approximately 0.14% of Patria Investments worth $929,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. SBI Securities Co. Ltd. bought a new stake in shares of Patria Investments in the 4th quarter valued at $41,000. GAMMA Investing LLC boosted its stake in shares of Patria Investments by 888.9% in the 1st quarter. GAMMA Investing LLC now owns 3,827 shares of the company’s stock valued at $43,000 after purchasing an additional 3,440 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in shares of Patria Investments in the 4th quarter valued at $81,000. AdvisorNet Financial Inc boosted its stake 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 purchasing an additional 1,750 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its stake in shares of Patria Investments by 239.5% in the 4th quarter. Quadrant Capital Group LLC now owns 9,692 shares of the company’s stock valued at $113,000 after purchasing an additional 6,837 shares during the last quarter. 96.27% of the stock is owned by institutional investors.

Patria Investments Stock Down 0.9%

Patria Investments stock opened at $13.87 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. Patria Investments Limited has a 12-month low of $9.43 and a 12-month high of $14.12. The firm’s fifty day moving average is $12.08 and its 200 day moving average is $11.76. The company has a market capitalization of $841.09 million, a PE ratio of 27.74, a PEG ratio of 1.28 and a beta of 0.66.

Patria Investments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 12th. Investors of record on Wednesday, May 14th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.33%. Patria Investments’s payout ratio is presently 122.45%.

Patria Investments 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.