Strs Ohio Takes Position in Patria Investments Limited $PAX

Strs Ohio purchased a new stake in shares of Patria Investments Limited (NYSE:PAX) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 46,400 shares of the company’s stock, valued at approximately $677,000.

Several other hedge funds also recently added to or reduced their stakes in PAX. State of Alaska Department of Revenue acquired a new stake in Patria Investments during the third quarter worth $38,000. Ameritas Investment Partners Inc. increased its position in shares of Patria Investments by 14.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,140 shares of the company’s stock worth $86,000 after purchasing an additional 775 shares during the last quarter. CWM LLC increased its position in shares of Patria Investments by 47.4% during the 2nd quarter. CWM LLC now owns 7,516 shares of the company’s stock worth $106,000 after purchasing an additional 2,417 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in Patria Investments by 52.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the company’s stock valued at $115,000 after buying an additional 2,818 shares during the period. Finally, Longboard Asset Management LP acquired a new position in Patria Investments in the third quarter valued at about $151,000. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on PAX shares. Zacks Research raised shares of Patria Investments from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 14th. The Goldman Sachs Group boosted their target price on Patria Investments from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Strong Buy” and an average target price of $20.00.

Patria Investments Trading Down 5.0%

Shares of PAX stock opened at $14.67 on Friday. Patria Investments Limited has a fifty-two week low of $9.43 and a fifty-two week high of $17.80. The company has a 50 day moving average price of $16.04 and a 200 day moving average price of $14.83. The stock has a market capitalization of $975.89 million, a P/E ratio of 29.34, a price-to-earnings-growth ratio of 1.28 and a beta of 0.69. 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 Company 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.