Key Points
- Patria Investments CEO Marco Nicola D'ippolito sold 7,004 shares at an average price of $11.29, for proceeds of approximately $79,075. He retains 443,178 shares, representing a 1.56% reduction in his direct holdings.
- Patria declared a quarterly dividend of $0.1625 per share, equivalent to an annualized $0.65 payout and a 5.7% yield. The dividend payout ratio is 147.73%.
- Analysts maintain a consensus “Hold” rating, with an average price target of $17.00, while institutional investors own 96.27% of the company’s stock.
Patria Investments Limited (NYSE:PAX - Get Free Report) CEO Marco Nicola D'ippolito sold 7,004 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the chief executive officer directly owned 443,178 shares in the company, valued at $5,003,479.62. This trade represents a 1.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Patria Investments Stock Performance
Shares of NYSE PAX opened at $11.48 on Tuesday. Patria Investments Limited has a 12 month low of $10.55 and a 12 month high of $17.80. The company has a market cap of $763.68 million, a P/E ratio of 22.96, a P/E/G ratio of 1.28 and a beta of 0.76. The business's 50 day moving average is $11.15 and its two-hundred day moving average is $11.92. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31.
Patria Investments Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, August 10th will be paid a $0.1625 dividend. 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 presently 147.73%.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded shares of Patria Investments from a "strong sell" rating to a "hold" rating in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Patria Investments presently has a consensus rating of "Hold" and an average price target of $17.00.
Check Out Our Latest Report on Patria Investments
Hedge Funds Weigh In On Patria Investments
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pertento Partners LLP raised its holdings in Patria Investments by 12.9% in the 4th quarter. Pertento Partners LLP now owns 4,483,299 shares of the company's stock valued at $71,240,000 after acquiring an additional 511,327 shares in the last quarter. Samlyn Capital LLC grew its holdings in shares of Patria Investments by 3.4% during the 3rd quarter. Samlyn Capital LLC now owns 1,986,266 shares of the company's stock worth $28,999,000 after purchasing an additional 66,161 shares in the last quarter. State Street Corp grew its holdings in shares of Patria Investments by 6.4% during the 4th quarter. State Street Corp now owns 1,361,241 shares of the company's stock worth $21,631,000 after purchasing an additional 82,067 shares in the last quarter. Millennium Management LLC increased its position in shares of Patria Investments by 56.9% during the fourth quarter. Millennium Management LLC now owns 1,357,116 shares of the company's stock valued at $21,565,000 after purchasing an additional 492,009 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Patria Investments by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 853,986 shares of the company's stock valued at $13,570,000 after purchasing an additional 19,133 shares during the period. 96.27% of the stock is currently owned by institutional investors.
About Patria Investments
(
Get Free Report)
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.
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