Patria Investments Limited (NYSE:PAX) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lowered its holdings in Patria Investments Limited (NYSE:PAX - Free Report) by 90.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,757 shares of the company's stock after selling 54,106 shares during the period. Quantbot Technologies LP's holdings in Patria Investments were worth $67,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. R Squared Ltd bought a new position in shares of Patria Investments during the fourth quarter worth about $29,000. SBI Securities Co. Ltd. bought a new position in Patria Investments during the 4th quarter worth approximately $41,000. Roxbury Financial LLC acquired a new position in shares of Patria Investments in the 4th quarter worth approximately $55,000. Public Employees Retirement System of Ohio acquired a new position in shares of Patria Investments in the 3rd quarter worth approximately $107,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of Patria Investments in the 3rd quarter valued at approximately $130,000. Institutional investors and hedge funds own 96.27% of the company's stock.

Patria Investments Stock Performance

PAX traded down $0.67 during trading hours on Friday, hitting $10.17. 853,915 shares of the stock were exchanged, compared to its average volume of 557,147. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91. Patria Investments Limited has a 12 month low of $9.81 and a 12 month high of $14.67. The stock has a 50-day simple moving average of $11.66 and a 200-day simple moving average of $11.70. The stock has a market cap of $607.83 million, a price-to-earnings ratio of 20.34, a price-to-earnings-growth ratio of 1.28 and a beta of 0.56.

Patria Investments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors 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 5.90%. The ex-dividend date of this dividend was Tuesday, February 25th. Patria Investments's dividend payout ratio is presently 120.00%.

Patria Investments 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.