Patria Investments (NYSE:PAX) Director Purchases $173,850.00 in Stock

Patria Investments Limited (NYSE:PAX) Director Olimpio Matarazzo Neto acquired 15,000 shares of the company’s stock in a transaction on Monday, June 1st. The shares were purchased at an average cost of $11.59 per share, with a total value of $173,850.00. Following the completion of the acquisition, the director directly owned 120,000 shares in the company, valued at approximately $1,390,800. The trade was a 14.29% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Olimpio Matarazzo Neto also recently made the following trade(s):

• On Friday, June 5th, Olimpio Matarazzo Neto acquired 50,000 shares of Patria Investments stock. The shares were purchased at an average cost of $11.46 per share, with a total value of $573,000.00.
• On Wednesday, June 3rd, Olimpio Matarazzo Neto acquired 50,000 shares of Patria Investments stock. The shares were purchased at an average cost of $11.12 per share, with a total value of $556,000.00.
• On Thursday, May 28th, Olimpio Matarazzo Neto acquired 15,000 shares of Patria Investments stock. The shares were purchased at an average cost of $11.50 per share, with a total value of $172,500.00.
• On Tuesday, May 26th, Olimpio Matarazzo Neto acquired 15,000 shares of Patria Investments stock. The shares were purchased at an average cost of $11.31 per share, with a total value of $169,650.00.
• On Wednesday, May 20th, Olimpio Matarazzo Neto acquired 15,000 shares of Patria Investments stock. The shares were purchased at an average cost of $10.99 per share, with a total value of $164,850.00.
• On Friday, May 15th, Olimpio Matarazzo Neto acquired 15,000 shares of Patria Investments stock. The shares were purchased at an average cost of $11.40 per share, with a total value of $171,000.00.

Patria Investments Stock Performance

Shares of NYSE:PAX opened at $11.15 on Friday. The stock has a market capitalization of $741.73 million, a P/E ratio of 22.30, a P/E/G ratio of 1.28 and a beta of 0.74. Patria Investments Limited has a 1-year low of $10.72 and a 1-year high of $17.80. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31. The business has a 50-day moving average price of $12.11 and a two-hundred day moving average price of $13.78.

Patria Investments Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Monday, May 18th will be given a dividend of $0.1625 per share. This represents a $0.65 annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Monday, May 18th. This is an increase from Patria Investments’s previous quarterly dividend of $0.15. Patria Investments’s dividend payout ratio is presently 144.44%.

Hedge Funds Weigh In On Patria Investments

Several institutional investors have recently modified their holdings of the stock. State of Wyoming acquired a new position in shares of Patria Investments in the 3rd quarter valued at approximately $63,000. Advisory Services Network LLC acquired a new position in shares of Patria Investments in the 3rd quarter valued at approximately $73,000. Kemnay Advisory Services Inc. acquired a new position in shares of Patria Investments in the 4th quarter valued at approximately $94,000. Tower Research Capital LLC TRC grew its position in shares of 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 purchasing an additional 2,818 shares during the period. Finally, State of Alaska Department of Revenue grew its position in shares of Patria Investments by 262.8% in the 4th quarter. State of Alaska Department of Revenue now owns 9,683 shares of the company’s stock valued at $153,000 after purchasing an additional 7,014 shares during the period. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

PAX has been the subject of several analyst reports. The Goldman Sachs Group restated a “buy” rating and set a $18.00 target price on shares of Patria Investments in a research report on Friday, April 24th. JPMorgan Chase & Co. decreased their target price on Patria Investments from $17.00 to $16.00 and set a “neutral” rating for the company in a research report on Wednesday, April 8th. Finally, Zacks Research lowered Patria Investments from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 5th. 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. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $17.00.

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.