Patria Investments Limited $PAX Stock Position Decreased by UBS Group AG

UBS Group AG cut its stake in shares of Patria Investments Limited (NYSE:PAX) by 18.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 643,545 shares of the company’s stock after selling 143,096 shares during the quarter. UBS Group AG’s holdings in Patria Investments were worth $10,226,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Pertento Partners LLP boosted its stake in shares of Patria Investments by 19.7% during the 3rd quarter. Pertento Partners LLP now owns 3,971,972 shares of the company’s stock worth $57,991,000 after acquiring an additional 654,966 shares in the last quarter. Samlyn Capital LLC boosted its stake in shares of Patria Investments by 3.4% during the 3rd quarter. Samlyn Capital LLC now owns 1,986,266 shares of the company’s stock worth $28,999,000 after acquiring an additional 66,161 shares in the last quarter. Mizuho Markets Americas LLC bought a new stake in shares of Patria Investments during the 3rd quarter worth $21,900,000. Millennium Management LLC boosted its stake in shares of Patria Investments by 3.7% during the 3rd quarter. Millennium Management LLC now owns 865,107 shares of the company’s stock worth $12,631,000 after acquiring an additional 30,978 shares in the last quarter. Finally, MHR Fund Management LLC boosted its stake in shares of Patria Investments by 27.4% during the 3rd quarter. MHR Fund Management LLC now owns 800,000 shares of the company’s stock worth $11,680,000 after acquiring an additional 172,018 shares in the last quarter. 96.27% of the stock is owned by institutional investors.

Patria Investments Price Performance

Shares of NYSE:PAX opened at $11.36 on Friday. 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 Limited has a 1 year low of $11.05 and a 1 year high of $17.80. The business has a fifty day simple moving average of $12.20 and a 200 day simple moving average of $14.15. The firm has a market cap of $755.70 million, a price-to-earnings ratio of 22.72, a P/E/G ratio of 1.28 and a beta of 0.77.

Patria Investments Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Monday, May 18th will be issued a dividend of $0.1625 per share. This is a positive change from Patria Investments’s previous quarterly dividend of $0.15. This represents a $0.65 annualized dividend and a dividend yield of 5.7%. The ex-dividend date is Monday, May 18th. Patria Investments’s dividend payout ratio is 144.44%.

Analyst Ratings Changes

PAX has been the subject of several research reports. The Goldman Sachs Group reissued a “buy” rating and set a $18.00 price objective on shares of Patria Investments in a research note on Friday, April 24th. Zacks Research lowered Patria Investments from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. reduced their target price on Patria Investments from $17.00 to $16.00 and set a “neutral” rating for the company in a report on Wednesday, April 8th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $17.00.

Patria Investments Profile

Patria Investments Limited (NYSE: PAX) is a Brazil-based alternative asset management firm specializing in private equity, infrastructure, real estate and credit investments. Since its founding in 1988, the firm has focused on identifying and partnering with high-potential companies and projects across Latin America. Patria’s investment approach combines local market expertise with global best practices to structure and manage portfolios that aim to deliver long-term value to institutional and high-net-worth clients.

The company’s core business activities include private equity funds targeting mid-market and large-cap buyouts, infrastructure funds investing in essential assets such as energy and transportation, real estate strategies encompassing residential, commercial and logistics properties, and credit funds that provide financing solutions across the capital structure.