Patria Investments (NYSE:PAX) CEO Marco Nicola D’ippolito Sells 7,004 Shares of Stock

Patria Investments Limited (NYSE:PAX) CEO Marco Nicola D’ippolito sold 7,004 shares of Patria Investments stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $11.29, for a total value of $79,075.16. Following the transaction, the chief executive officer owned 443,178 shares in the company, valued at approximately $5,003,479.62. This trade represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Patria Investments Price Performance

Shares of Patria Investments stock traded down $0.07 during trading on Monday, hitting $11.39. The stock had a trading volume of 329,571 shares, compared to its average volume of 975,449. 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 has a market cap of $758.03 million, a P/E ratio of 22.79, a PEG ratio of 1.28 and a beta of 0.76. The business has a fifty day moving average of $11.15 and a two-hundred day moving average of $11.94. Patria Investments Limited has a fifty-two week low of $10.55 and a fifty-two week high of $17.80.

Patria Investments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, August 10th will be given a dividend of $0.1625 per share. The ex-dividend date is Monday, August 10th. This represents a $0.65 annualized dividend and a dividend yield of 5.7%. Patria Investments’s dividend payout ratio (DPR) is 147.73%.

Hedge Funds Weigh In On Patria Investments

A number of institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC increased its position in shares of Patria Investments by 234.2% in the first quarter. AQR Capital Management LLC now owns 43,789 shares of the company’s stock worth $494,000 after acquiring an additional 30,688 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Patria Investments by 8.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,330 shares of the company’s stock valued at $388,000 after acquiring an additional 2,740 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Patria Investments in the 1st quarter valued at approximately $153,000. Rhumbline Advisers boosted its stake in Patria Investments by 12.7% in the 2nd quarter. Rhumbline Advisers now owns 92,717 shares of the company’s stock worth $1,304,000 after purchasing an additional 10,442 shares during the period. Finally, American Century Companies Inc. boosted its stake in Patria Investments by 338.0% in the 2nd quarter. American Century Companies Inc. now owns 172,754 shares of the company’s stock worth $2,429,000 after purchasing an additional 133,313 shares during the period. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Patria Investments from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Patria Investments presently has an average rating of “Hold” and an average target price 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.