JPMorgan Chase & Co. cut its holdings in shares of Patria Investments Limited (NYSE:PAX - Free Report) by 8.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 403,643 shares of the company's stock after selling 38,722 shares during the period. JPMorgan Chase & Co. owned 0.68% of Patria Investments worth $4,694,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. R Squared Ltd bought a new stake in Patria Investments in the fourth quarter worth $29,000. SBI Securities Co. Ltd. purchased a new stake in Patria Investments during the fourth quarter valued at $41,000. Roxbury Financial LLC bought a new position in Patria Investments during the fourth quarter valued at $55,000. Public Employees Retirement System of Ohio bought a new position in Patria Investments during the third quarter valued at $107,000. Finally, Victory Capital Management Inc. bought a new position in Patria Investments during the fourth quarter valued at $200,000. 96.27% of the stock is currently owned by institutional investors.
Patria Investments Trading Up 1.8 %
Patria Investments stock traded up $0.19 during trading hours on Thursday, hitting $10.33. The company had a trading volume of 75,424 shares, compared to its average volume of 570,521. The firm has a market cap of $617.09 million, a P/E ratio of 20.60, a P/E/G ratio of 1.28 and a beta of 0.56. Patria Investments Limited has a 1 year low of $9.43 and a 1 year high of $14.16. 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 company has a 50-day moving average price of $11.06 and a two-hundred day moving average price of $11.56.
Patria Investments Dividend Announcement
The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 5.81%. The ex-dividend date was Tuesday, February 25th. Patria Investments's payout ratio is presently 120.00%.
Patria Investments Company Profile
(
Free Report)
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.
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