Patria Investments (NYSE:PAX) Reaches New 1-Year Low – What’s Next?

Patria Investments Limited (NYSE:PAX)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $10.72 and last traded at $10.76, with a volume of 683967 shares traded. The stock had previously closed at $11.03.

Analyst Ratings Changes

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

Patria Investments Price Performance

The firm has a market capitalization of $715.79 million, a P/E ratio of 21.52, a price-to-earnings-growth ratio of 1.28 and a beta of 0.74. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31. The firm has a 50 day moving average price of $11.89 and a 200-day moving average price of $13.49.

Patria Investments Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Monday, May 18th were issued a dividend of $0.1625 per share. This represents a $0.65 annualized dividend and a yield of 6.0%. The ex-dividend date was Monday, May 18th. This is a boost from Patria Investments’s previous quarterly dividend of $0.15. Patria Investments’s payout ratio is currently 144.44%.

Insider Transactions at Patria Investments

In related news, Director Olimpio Matarazzo Neto purchased 50,000 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was bought at an average cost of $11.46 per share, for a total transaction of $573,000.00. Following the completion of the transaction, the director directly owned 235,000 shares in the company, valued at $2,693,100. This represents a 27.03% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders acquired 175,000 shares of company stock valued at $1,980,850 in the last ninety days. 58.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Patria Investments

Hedge funds and other institutional investors have recently made changes to their positions in the company. Pertento Partners LLP boosted its stake in shares of Patria Investments by 12.9% during the 4th quarter. Pertento Partners LLP now owns 4,483,299 shares of the company’s stock worth $71,240,000 after purchasing an additional 511,327 shares during the period. Samlyn Capital LLC grew its holdings in Patria Investments by 3.4% during the 3rd quarter. Samlyn Capital LLC now owns 1,986,266 shares of the company’s stock valued at $28,999,000 after purchasing an additional 66,161 shares during the last quarter. State Street Corp raised its position in Patria Investments by 6.4% in the 4th quarter. State Street Corp now owns 1,361,241 shares of the company’s stock worth $21,631,000 after purchasing an additional 82,067 shares during the period. Millennium Management LLC raised its position in Patria Investments by 56.9% in the 4th quarter. Millennium Management LLC now owns 1,357,116 shares of the company’s stock worth $21,565,000 after purchasing an additional 492,009 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Patria Investments by 2.3% in the fourth quarter. Geode Capital Management LLC now owns 853,986 shares of the company’s stock worth $13,570,000 after purchasing an additional 19,133 shares during the last quarter. 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.