69,505 Shares in Patria Investments Limited (NYSE:PAX) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in shares of Patria Investments Limited (NYSE:PAX - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 69,505 shares of the company's stock, valued at approximately $808,000. Raymond James Financial Inc. owned approximately 0.12% of Patria Investments as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. R Squared Ltd purchased a new stake in shares of Patria Investments during the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. bought a new stake in Patria Investments during the fourth quarter worth approximately $41,000. Roxbury Financial LLC purchased a new stake in Patria Investments during the fourth quarter valued at approximately $55,000. Geode Capital Management LLC lifted its stake in shares of 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 purchasing an additional 5,187 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in shares of Patria Investments by 7.0% in the 3rd quarter. Janus Henderson Group PLC now owns 85,278 shares of the company's stock worth $953,000 after purchasing an additional 5,599 shares during the period. Institutional investors own 96.27% of the company's stock.

Patria Investments Trading Down 5.5 %

Shares of NYSE PAX traded down $0.57 during trading hours on Thursday, hitting $9.88. 634,000 shares of the company traded hands, compared to its average volume of 566,809. The stock has a market capitalization of $590.50 million, a price-to-earnings ratio of 19.76, a price-to-earnings-growth ratio of 1.28 and a beta of 0.56. The company's 50 day moving average price is $11.44 and its 200 day moving average price is $11.64. Patria Investments Limited has a 12 month low of $9.43 and a 12 month high of $14.43. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31.

Patria Investments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.07%. The ex-dividend date of this dividend was Tuesday, February 25th. Patria Investments's dividend payout ratio is currently 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.