National Bank of Canada FI decreased its holdings in shares of Patria Investments Limited (NYSE:PAX - Free Report) by 46.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,846 shares of the company's stock after selling 107,079 shares during the quarter. National Bank of Canada FI owned 0.21% of Patria Investments worth $1,442,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of PAX. R Squared Ltd bought a new stake in shares of Patria Investments in the 4th quarter worth approximately $29,000. SBI Securities Co. Ltd. bought a new position in Patria Investments during the 4th quarter valued at approximately $41,000. Roxbury Financial LLC purchased a new stake in Patria Investments in the 4th quarter worth approximately $55,000. Public Employees Retirement System of Ohio bought a new stake in shares of Patria Investments in the 3rd quarter worth approximately $107,000. Finally, Pictet Asset Management Holding SA purchased a new position in shares of Patria Investments during the fourth quarter valued at approximately $122,000. 96.27% of the stock is currently owned by institutional investors.
Patria Investments Trading Up 1.2 %
PAX stock traded up $0.12 on Monday, reaching $10.06. The company's stock had a trading volume of 55,720 shares, compared to its average volume of 567,299. 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 business has a fifty day simple moving average of $11.40 and a two-hundred day simple moving average of $11.63. The firm has a market cap of $601.14 million, a PE ratio of 20.12, 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 $14.26.
Patria Investments Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, February 25th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date was Tuesday, February 25th. Patria Investments's payout ratio is currently 120.00%.
About Patria Investments
(
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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