Patria Investments Limited $PAX Position Increased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL increased its stake in shares of Patria Investments Limited (NYSE:PAX) by 590.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 230,682 shares of the company’s stock after acquiring an additional 197,265 shares during the period. Tudor Investment Corp ET AL’s holdings in Patria Investments were worth $3,368,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new position in shares of Patria Investments during the third quarter valued at $73,000. Samlyn Capital LLC boosted its stake in Patria Investments by 3.4% during the 3rd quarter. Samlyn Capital LLC now owns 1,986,266 shares of the company’s stock valued at $28,999,000 after purchasing an additional 66,161 shares during the period. Public Employees Retirement System of Ohio grew its position in Patria Investments by 5.0% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 14,600 shares of the company’s stock worth $213,000 after purchasing an additional 700 shares during the last quarter. MHR Fund Management LLC increased its stake in shares of Patria Investments by 27.4% in the third quarter. MHR Fund Management LLC now owns 800,000 shares of the company’s stock valued at $11,680,000 after purchasing an additional 172,018 shares during the period. Finally, Millennium Management LLC raised its holdings in shares of Patria Investments by 3.7% during the third quarter. Millennium Management LLC now owns 865,107 shares of the company’s stock valued at $12,631,000 after buying an additional 30,978 shares during the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on PAX. The Goldman Sachs Group raised 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, January 28th. Zacks Research upgraded Patria Investments from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy” and an average price target of $20.00.

Patria Investments Stock Performance

Shares of PAX opened at $11.51 on Friday. 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 firm’s 50 day moving average is $13.64 and its 200-day moving average is $14.64. Patria Investments Limited has a 12-month low of $9.43 and a 12-month high of $17.80. The stock has a market capitalization of $765.68 million, a P/E ratio of 23.02, a P/E/G ratio of 1.28 and a beta of 0.69.

Patria Investments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Friday, February 20th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a $0.60 annualized dividend and a dividend yield of 5.2%. Patria Investments’s dividend payout ratio is currently 113.21%.

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.