XTX Topco Ltd Purchases Shares of 28,652 Patria Investments Limited (NYSE:PAX)

XTX Topco Ltd acquired a new position in Patria Investments Limited (NYSE:PAX - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 28,652 shares of the company's stock, valued at approximately $333,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PAX. State Street Corp increased its holdings in Patria Investments by 21.7% in the 3rd quarter. State Street Corp now owns 1,165,331 shares of the company's stock worth $13,017,000 after acquiring an additional 208,039 shares in the last quarter. Barclays PLC raised its position in shares of Patria Investments by 314.0% during the third quarter. Barclays PLC now owns 78,977 shares of the company's stock valued at $883,000 after buying an additional 59,900 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Patria Investments by 0.8% in the third quarter. Geode Capital Management LLC now owns 680,447 shares of the company's stock worth $7,601,000 after buying an additional 5,187 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Patria Investments by 34.7% during the third quarter. JPMorgan Chase & Co. now owns 442,365 shares of the company's stock worth $4,941,000 after acquiring an additional 113,935 shares during the last quarter. Finally, Empirical Asset Management LLC purchased a new position in Patria Investments during the fourth quarter valued at $391,000. 96.27% of the stock is owned by hedge funds and other institutional investors.

Patria Investments Price Performance

Patria Investments stock traded up $0.08 during midday trading on Tuesday, reaching $10.55. 89,305 shares of the stock traded hands, compared to its average volume of 549,828. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. The stock has a market cap of $630.42 million, a P/E ratio of 21.10, a PEG ratio of 1.28 and a beta of 0.56. Patria Investments Limited has a 12 month low of $9.43 and a 12 month high of $13.69. The stock's fifty day moving average is $10.93 and its 200-day moving average is $11.56.

Patria Investments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, February 25th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.69%. Patria Investments's payout ratio is currently 120.00%.

Patria Investments Company Profile

Patria Investments Limited operates as a private market investment firm focused on investing in Latin America. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds.