Zacks Research Downgrades Patria Investments (NYSE:PAX) to Hold

Patria Investments (NYSE:PAX) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, The Goldman Sachs Group boosted their price target on Patria Investments from $18.00 to $20.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Patria Investments has an average rating of “Moderate Buy” and a consensus target price of $20.00.

Patria Investments Trading Down 2.5%

PAX opened at $12.30 on Monday. The stock has a market cap of $818.23 million, a price-to-earnings ratio of 24.60, a P/E/G ratio of 1.28 and a beta of 0.73. The stock’s 50 day moving average price is $12.90 and its 200-day moving average price is $14.51. Patria Investments has a one year low of $9.43 and a one year high of $17.80. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91.

Institutional Trading of Patria Investments

Hedge funds have recently bought and sold shares of the stock. State of Alaska Department of Revenue purchased a new stake in Patria Investments during the third quarter worth $38,000. State of Wyoming purchased a new stake in Patria Investments during the third quarter worth $63,000. Advisory Services Network LLC purchased a new stake in Patria Investments during the third quarter worth $73,000. Kemnay Advisory Services Inc. purchased a new stake in Patria Investments during the fourth quarter worth $94,000. Finally, Tower Research Capital LLC TRC lifted its holdings in Patria Investments by 52.9% during the second quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the company’s stock worth $115,000 after buying an additional 2,818 shares during the period. Hedge funds and other institutional investors own 96.27% of the company’s stock.

About Patria Investments

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.