Mizuho Markets Americas LLC Purchases Shares of 1,500,000 Patria Investments Limited $PAX

Mizuho Markets Americas LLC acquired a new stake in Patria Investments Limited (NYSE:PAX) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 1,500,000 shares of the company’s stock, valued at approximately $21,900,000.

A number of other institutional investors and hedge funds also recently modified their holdings of PAX. Pertento Partners LLP grew its holdings in Patria Investments by 0.3% during the second quarter. Pertento Partners LLP now owns 3,317,006 shares of the company’s stock worth $46,637,000 after purchasing an additional 8,380 shares during the period. Inherent Management Corp. lifted its position in shares of Patria Investments by 21.3% in the second quarter. Inherent Management Corp. now owns 1,466,831 shares of the company’s stock valued at $20,624,000 after buying an additional 258,008 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Patria Investments by 10.0% during the 2nd quarter. Geode Capital Management LLC now owns 830,278 shares of the company’s stock worth $11,674,000 after acquiring an additional 75,699 shares during the period. 683 Capital Management LLC acquired a new position in shares of Patria Investments during the 2nd quarter worth approximately $5,624,000. Finally, Denali Advisors LLC increased its holdings in shares of Patria Investments by 160.2% during the 2nd quarter. Denali Advisors LLC now owns 234,819 shares of the company’s stock worth $3,302,000 after acquiring an additional 144,577 shares during the last quarter. 96.27% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Patria Investments from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock has an average rating of “Strong Buy”.

Patria Investments Trading Down 0.1%

Shares of NYSE:PAX opened at $17.42 on Monday. Patria Investments Limited has a 12-month low of $9.43 and a 12-month high of $17.80. The business has a 50 day moving average of $15.73 and a 200-day moving average of $14.69. 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 cap of $1.16 billion, a PE ratio of 34.84, a P/E/G ratio of 1.28 and a beta of 0.69.

Patria Investments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, November 14th were given a dividend of $0.15 per share. The ex-dividend date was Friday, November 14th. This represents a $0.60 annualized dividend and a yield of 3.4%. Patria Investments’s dividend payout ratio (DPR) is presently 86.96%.

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.