Amitell Capital Pte Ltd Has $5.83 Million Position in Patria Investments Limited $PAX

Amitell Capital Pte Ltd reduced its position in Patria Investments Limited (NYSE:PAX) by 33.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 399,087 shares of the company’s stock after selling 202,063 shares during the quarter. Patria Investments makes up about 3.6% of Amitell Capital Pte Ltd’s portfolio, making the stock its 4th largest position. Amitell Capital Pte Ltd owned 0.60% of Patria Investments worth $5,827,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of PAX. State of Alaska Department of Revenue acquired a new position in Patria Investments in the third quarter valued at $38,000. State of Wyoming acquired a new stake in shares of Patria Investments in the 3rd quarter worth about $63,000. Ameritas Investment Partners Inc. lifted its position in Patria Investments by 14.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,140 shares of the company’s stock valued at $86,000 after acquiring an additional 775 shares in the last quarter. CWM LLC grew its position in Patria Investments by 47.4% in the 2nd quarter. CWM LLC now owns 7,516 shares of the company’s stock worth $106,000 after purchasing an additional 2,417 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its position in shares of Patria Investments by 52.9% during the second quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the company’s stock valued at $115,000 after acquiring an additional 2,818 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group raised their price target on shares of Patria Investments from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Zacks Research raised shares of Patria Investments from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Strong Buy” and an average target price of $20.00.

Patria Investments Price Performance

Shares of Patria Investments stock opened at $13.37 on Thursday. The company’s fifty day simple moving average is $15.56 and its two-hundred day simple moving average is $14.88. Patria Investments Limited has a 12-month low of $9.43 and a 12-month high of $17.80. The firm has a market cap of $889.41 million, a PE ratio of 26.74, a price-to-earnings-growth ratio of 1.28 and a beta of 0.69. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 20th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Friday, February 20th. Patria Investments’s dividend payout ratio (DPR) is presently 113.21%.

Patria Investments Profile

Patria Investments Limited (NYSE: PAX) is a Brazil-based alternative asset management firm specializing in private equity, infrastructure, real estate and credit investments. Since its founding in 1988, the firm has focused on identifying and partnering with high-potential companies and projects across Latin America. Patria’s investment approach combines local market expertise with global best practices to structure and manage portfolios that aim to deliver long-term value to institutional and high-net-worth clients.

The company’s core business activities include private equity funds targeting mid-market and large-cap buyouts, infrastructure funds investing in essential assets such as energy and transportation, real estate strategies encompassing residential, commercial and logistics properties, and credit funds that provide financing solutions across the capital structure.