Mondrian Investment Partners LTD lessened its position in Patria Investments Limited (NYSE:PAX - Free Report) by 85.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,451 shares of the company's stock after selling 97,036 shares during the period. Mondrian Investment Partners LTD's holdings in Patria Investments were worth $196,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of PAX. R Squared Ltd bought a new stake in Patria Investments in the fourth quarter worth about $29,000. SBI Securities Co. Ltd. bought a new stake in shares of Patria Investments in the 4th quarter worth approximately $41,000. Roxbury Financial LLC acquired a new stake in Patria Investments during the fourth quarter valued at approximately $55,000. Public Employees Retirement System of Ohio bought a new stake in Patria Investments during the third quarter worth approximately $107,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Patria Investments in the third quarter worth approximately $130,000. Institutional investors and hedge funds own 96.27% of the company's stock.
Patria Investments Price Performance
Shares of NYSE:PAX traded down $0.16 on Tuesday, reaching $11.64. 634,969 shares of the company traded hands, compared to its average volume of 540,467. The stock has a market capitalization of $695.69 million, a PE ratio of 23.28, a P/E/G ratio of 1.28 and a beta of 0.58. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91. The company's 50 day moving average is $11.69 and its 200-day moving average is $11.67. Patria Investments Limited has a fifty-two week low of $10.50 and a fifty-two week high of $14.90.
Patria Investments Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.15%. The ex-dividend date was Tuesday, February 25th. Patria Investments's dividend payout ratio is 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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