Patria Investments Limited $PAX Shares Purchased by Ethic Inc.

Ethic Inc. boosted its position in Patria Investments Limited (NYSE:PAX) by 80.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 20,843 shares of the company’s stock after purchasing an additional 9,274 shares during the quarter. Ethic Inc.’s holdings in Patria Investments were worth $286,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. CWM LLC increased its stake in shares of Patria Investments by 85.1% during the 1st quarter. CWM LLC now owns 5,099 shares of the company’s stock valued at $58,000 after acquiring an additional 2,345 shares during the last quarter. AdvisorNet Financial Inc increased its stake in shares of Patria Investments by 23.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 8,925 shares of the company’s stock valued at $125,000 after acquiring an additional 1,685 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. acquired a new position in shares of Patria Investments during the 1st quarter valued at about $140,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Patria Investments during the 1st quarter valued at about $153,000. Finally, Public Employees Retirement System of Ohio increased its position in Patria Investments by 7.8% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 13,900 shares of the company’s stock worth $195,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Patria Investments from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Patria Investments Stock Down 0.6%

NYSE PAX opened at $14.49 on Friday. The stock has a market cap of $963.90 million, a PE ratio of 28.98, a P/E/G ratio of 1.28 and a beta of 0.70. 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 business has a 50 day moving average price of $14.32 and a two-hundred day moving average price of $13.37. Patria Investments Limited has a fifty-two week low of $9.43 and a fifty-two week high of $15.54.

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.