Pertento Partners LLP Raises Stock Holdings in Patria Investments Limited $PAX

Pertento Partners LLP grew its stake in Patria Investments Limited (NYSE:PAX) by 19.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,971,972 shares of the company’s stock after acquiring an additional 654,966 shares during the quarter. Patria Investments accounts for 6.7% of Pertento Partners LLP’s holdings, making the stock its 6th biggest position. Pertento Partners LLP owned 5.97% of Patria Investments worth $57,991,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. State of Alaska Department of Revenue acquired a new stake in Patria Investments in the third quarter worth $38,000. State of Wyoming acquired a new position in shares of Patria Investments in the 3rd quarter valued at $63,000. Ameritas Investment Partners Inc. increased its position in shares of 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 buying an additional 775 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of Patria Investments by 52.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the company’s stock valued at $115,000 after buying an additional 2,818 shares in the last quarter. Finally, CWM LLC raised its stake in Patria Investments by 12.3% during the 3rd quarter. CWM LLC now owns 8,439 shares of the company’s stock worth $123,000 after buying an additional 923 shares during the period. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Patria Investments Stock Up 1.0%

Shares of PAX stock opened at $11.96 on Thursday. The firm has a fifty day moving average of $14.87 and a 200-day moving average of $14.81. 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 $17.80. The company has a market capitalization of $795.62 million, a price-to-earnings ratio of 23.92, a P/E/G ratio of 1.28 and a beta of 0.69.

Patria Investments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 20th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Friday, February 20th. Patria Investments’s dividend payout ratio is 113.21%.

Analyst Upgrades and Downgrades

PAX has been the subject of a number of research analyst reports. Zacks Research raised Patria Investments from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 14th. The Goldman Sachs Group raised their price target on Patria Investments from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Strong Buy” and a consensus target price of $20.00.

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.