Royal Bank of Canada Increases Stake in Patria Investments Limited $PAX

Royal Bank of Canada raised its stake in Patria Investments Limited (NYSE:PAX) by 3,747.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 68,218 shares of the company’s stock after purchasing an additional 66,445 shares during the quarter. Royal Bank of Canada owned 0.10% of Patria Investments worth $860,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Advisory Services Network LLC bought a new position in shares of Patria Investments in the third quarter worth approximately $73,000. Kemnay Advisory Services Inc. bought a new stake in Patria Investments during the 4th quarter valued at $94,000. Tower Research Capital LLC TRC raised its holdings in Patria Investments by 52.9% during 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 last quarter. State of Wyoming raised its holdings in Patria Investments by 117.1% during the 4th quarter. State of Wyoming now owns 9,301 shares of the company’s stock valued at $148,000 after buying an additional 5,016 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its position in Patria Investments by 262.8% during the 4th quarter. State of Alaska Department of Revenue now owns 9,683 shares of the company’s stock valued at $153,000 after buying an additional 7,014 shares during the period. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Patria Investments Trading Up 1.3%

PAX opened at $11.46 on Friday. Patria Investments Limited has a one year low of $10.55 and a one year high of $17.80. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91. The business has a 50 day simple moving average of $11.15 and a two-hundred day simple moving average of $11.96. The firm has a market capitalization of $762.35 million, a price-to-earnings ratio of 22.92, a PEG ratio of 1.28 and a beta of 0.76.

Patria Investments Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, August 10th will be issued a dividend of $0.1625 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date is Monday, August 10th. Patria Investments’s dividend payout ratio is currently 147.73%.

Insider Activity at Patria Investments

In other Patria Investments news, Director Olimpio Matarazzo Neto purchased 50,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was bought at an average price of $11.46 per share, with a total value of $573,000.00. Following the completion of the purchase, the director directly owned 235,000 shares of the company’s stock, valued at $2,693,100. The trade was a 27.03% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders purchased a total of 145,000 shares of company stock worth $1,645,000 in the last ninety days. 58.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Patria Investments from a “strong sell” rating to a “hold” rating in a report on Monday, July 20th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $17.00.

About Patria Investments

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.