Capital International Investors trimmed its stake in shares of Patria Investments Limited (NYSE:PAX - Free Report) by 69.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 251,338 shares of the company's stock after selling 570,876 shares during the quarter. Capital International Investors owned about 0.42% of Patria Investments worth $2,923,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also modified their holdings of the company. State Street Corp boosted its holdings in shares of Patria Investments by 21.7% in the third quarter. State Street Corp now owns 1,165,331 shares of the company's stock worth $13,017,000 after buying an additional 208,039 shares during the period. Public Employees Retirement System of Ohio bought a new position in shares of Patria Investments in the third quarter worth about $107,000. Barclays PLC boosted its position in shares of Patria Investments by 314.0% in the third quarter. Barclays PLC now owns 78,977 shares of the company's stock valued at $883,000 after acquiring an additional 59,900 shares during the period. Geode Capital Management LLC raised its holdings in Patria Investments by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 680,447 shares of the company's stock valued at $7,601,000 after acquiring an additional 5,187 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Patria Investments by 34.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 442,365 shares of the company's stock valued at $4,941,000 after acquiring an additional 113,935 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company's stock.
Patria Investments Price Performance
Shares of NYSE PAX traded up $0.08 during midday trading on Friday, reaching $10.47. 382,782 shares of the company traded hands, compared to its average volume of 572,303. The stock's 50-day simple moving average is $11.01 and its 200-day simple moving average is $11.56. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91. Patria Investments Limited has a 12 month low of $9.43 and a 12 month high of $13.88. The firm has a market cap of $625.76 million, a PE ratio of 20.94, a PEG ratio of 1.28 and a beta of 0.56.
Patria Investments Announces Dividend
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 was Tuesday, February 25th. This represents a $0.60 dividend on an annualized basis and a yield of 5.73%. 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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