Y Intercept Hong Kong Ltd trimmed its holdings in Patria Investments Limited (NYSE:PAX - Free Report) by 70.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,548 shares of the company's stock after selling 32,409 shares during the period. Y Intercept Hong Kong Ltd's holdings in Patria Investments were worth $158,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. R Squared Ltd bought a new position in shares of Patria Investments during the fourth quarter valued at about $29,000. Roxbury Financial LLC bought a new position in shares of Patria Investments during the fourth quarter valued at about $55,000. Public Employees Retirement System of Ohio bought a new position in shares of Patria Investments during the third quarter valued at about $107,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Patria Investments during the third quarter valued at about $130,000. Finally, Intech Investment Management LLC bought a new position in shares of Patria Investments during the third quarter valued at about $200,000. 96.27% of the stock is owned by institutional investors.
Patria Investments Stock Performance
NYSE PAX traded up $0.02 during trading hours on Friday, reaching $11.32. 736,462 shares of the company were exchanged, compared to its average volume of 541,286. Patria Investments Limited has a 1 year low of $10.50 and a 1 year high of $15.03. The business's 50 day simple moving average is $11.74 and its 200-day simple moving average is $11.69. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $676.56 million, a P/E ratio of 22.64, a P/E/G ratio of 1.28 and a beta of 0.58.
Patria Investments Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Tuesday, February 25th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.60 dividend on an annualized basis and a yield of 5.30%. Patria Investments's dividend payout ratio (DPR) is presently 120.00%.
Patria Investments 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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