Arrowstreet Capital Limited Partnership Buys Shares of 72,264 Patria Investments Limited (NYSE:PAX)

Arrowstreet Capital Limited Partnership acquired a new stake in Patria Investments Limited (NYSE:PAX - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 72,264 shares of the company's stock, valued at approximately $840,000. Arrowstreet Capital Limited Partnership owned about 0.12% of Patria Investments as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pertento Partners LLP boosted its stake in Patria Investments by 8.9% during the 4th quarter. Pertento Partners LLP now owns 3,308,626 shares of the company's stock worth $38,479,000 after acquiring an additional 270,075 shares during the last quarter. Pictet Asset Management Holding SA acquired a new position in shares of Patria Investments in the 4th quarter valued at $122,000. American Century Companies Inc. increased its position in shares of Patria Investments by 52.2% in the 4th quarter. American Century Companies Inc. now owns 39,088 shares of the company's stock valued at $455,000 after buying an additional 13,400 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in Patria Investments by 66.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 47,421 shares of the company's stock worth $552,000 after buying an additional 19,001 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Patria Investments during the fourth quarter worth about $808,000. Institutional investors own 96.27% of the company's stock.

Patria Investments Stock Up 0.2 %

Shares of NYSE PAX traded up $0.02 during mid-day trading on Thursday, reaching $9.90. 56,527 shares of the company's stock were exchanged, compared to its average volume of 567,162. Patria Investments Limited has a twelve month low of $9.43 and a twelve month high of $14.26. 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 market capitalization of $591.93 million, a price-to-earnings ratio of 19.86, a PEG ratio of 1.28 and a beta of 0.56. The business has a fifty day simple moving average of $11.30 and a 200 day simple moving average of $11.60.

Patria Investments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.06%. The ex-dividend date of this dividend was Tuesday, February 25th. Patria Investments's dividend payout ratio is 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.