Olimpio Matarazzo Neto Buys 15,000 Shares of Patria Investments (NYSE:PAX) Stock

Patria Investments Limited (NYSE:PAX) Director Olimpio Matarazzo Neto acquired 15,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were acquired at an average price of $11.59 per share, with a total value of $173,850.00. Following the completion of the transaction, the director owned 120,000 shares in the company, valued at $1,390,800. The trade was a 14.29% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Olimpio Matarazzo Neto also recently made the following trade(s):

• On Thursday, May 28th, Olimpio Matarazzo Neto bought 15,000 shares of Patria Investments stock. The stock was purchased at an average price of $11.50 per share, with a total value of $172,500.00.
• On Tuesday, May 26th, Olimpio Matarazzo Neto acquired 15,000 shares of Patria Investments stock. The stock was purchased at an average cost of $11.31 per share, with a total value of $169,650.00.
• On Wednesday, May 20th, Olimpio Matarazzo Neto acquired 15,000 shares of Patria Investments stock. The stock was purchased at an average cost of $10.99 per share, with a total value of $164,850.00.
• On Friday, May 15th, Olimpio Matarazzo Neto acquired 15,000 shares of Patria Investments stock. The stock was purchased at an average cost of $11.40 per share, with a total value of $171,000.00.

Patria Investments Stock Performance

Patria Investments stock opened at $11.51 on Friday. Patria Investments Limited has a 1 year low of $10.72 and a 1 year high of $17.80. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market capitalization of $765.68 million, a P/E ratio of 23.02, a P/E/G ratio of 1.28 and a beta of 0.74. The business has a 50 day moving average of $12.12 and a 200-day moving average of $13.80.

Patria Investments Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Monday, May 18th will be given a dividend of $0.1625 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.6%. This is a positive change from Patria Investments’s previous quarterly dividend of $0.15. The ex-dividend date is Monday, May 18th. Patria Investments’s dividend payout ratio is 144.44%.

Institutional Investors Weigh In On Patria Investments

Several large investors have recently added to or reduced their stakes in PAX. AQR Capital Management LLC grew its stake in Patria Investments by 234.2% during the first quarter. AQR Capital Management LLC now owns 43,789 shares of the company’s stock worth $494,000 after purchasing an additional 30,688 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Patria Investments by 8.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,330 shares of the company’s stock worth $388,000 after purchasing an additional 2,740 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in Patria Investments during the first quarter worth approximately $153,000. Rhumbline Advisers grew its stake in Patria Investments by 12.7% during the second quarter. Rhumbline Advisers now owns 92,717 shares of the company’s stock worth $1,304,000 after purchasing an additional 10,442 shares during the period. Finally, American Century Companies Inc. grew its stake in Patria Investments by 338.0% during the second quarter. American Century Companies Inc. now owns 172,754 shares of the company’s stock worth $2,429,000 after purchasing an additional 133,313 shares during the period. Institutional investors and hedge funds own 96.27% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on PAX shares. The Goldman Sachs Group restated a “buy” rating and set a $18.00 price objective on shares of Patria Investments in a research report on Friday, April 24th. JPMorgan Chase & Co. lowered their price objective on Patria Investments from $17.00 to $16.00 and set a “neutral” rating for the company in a research report on Wednesday, April 8th. Finally, Zacks Research downgraded Patria Investments from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $17.00.

Patria Investments Company 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.