Patria Investments (NYSE:PAX) Director Olimpio Matarazzo Neto Acquires 15,000 Shares

Patria Investments Limited (NYSE:PAX) Director Olimpio Matarazzo Neto bought 15,000 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was purchased at an average price of $11.50 per share, for a total transaction of $172,500.00. Following the acquisition, the director directly owned 90,000 shares of the company’s stock, valued at approximately $1,035,000. The trade was a 20.00% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

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

Patria Investments Stock Up 0.5%

Shares of PAX traded up $0.06 during trading hours on Monday, hitting $11.65. The company had a trading volume of 1,201,291 shares, compared to its average volume of 972,408. The firm has a fifty day moving average price of $12.11 and a 200-day moving average price of $13.90. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a market capitalization of $774.99 million, a price-to-earnings ratio of 23.30, a P/E/G ratio of 1.28 and a beta of 0.77. Patria Investments Limited has a 52-week low of $10.72 and a 52-week high of $17.80.

Patria Investments Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PAX. The Goldman Sachs Group reissued a “buy” rating and issued a $18.00 target price on shares of Patria Investments in a research report on Friday, April 24th. JPMorgan Chase & Co. decreased their target price 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 lowered Patria Investments from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Patria Investments currently has a consensus rating of “Hold” and a consensus target price of $17.00.

Institutional Investors Weigh In On Patria Investments

A number of large investors have recently made changes to their positions in PAX. AQR Capital Management LLC grew its stake in shares of Patria Investments by 234.2% during the 1st quarter. AQR Capital Management LLC now owns 43,789 shares of the company’s stock valued at $494,000 after purchasing an additional 30,688 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Patria Investments by 8.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,330 shares of the company’s stock valued at $388,000 after purchasing an additional 2,740 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of Patria Investments during the 1st quarter valued at about $153,000. Rhumbline Advisers grew its stake in shares of Patria Investments by 12.7% during the 2nd quarter. Rhumbline Advisers now owns 92,717 shares of the company’s stock valued at $1,304,000 after acquiring an additional 10,442 shares during the period. Finally, American Century Companies Inc. grew its stake in shares of Patria Investments by 338.0% during the 2nd quarter. American Century Companies Inc. now owns 172,754 shares of the company’s stock valued at $2,429,000 after acquiring an additional 133,313 shares during the period. 96.27% of the stock is currently owned by institutional investors.

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.