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

Patria Investments Limited (NYSE:PAX) CEO Marco Nicola D’ippolito sold 7,004 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was 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 of the company’s stock, valued at approximately $5,003,479.62. This trade represents a 1.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Patria Investments Stock Down 0.6%

Shares of PAX stock traded down $0.07 on Monday, reaching $11.39. 329,571 shares of the company’s stock traded hands, compared to its average volume of 975,449. The company has a market capitalization of $758.03 million, a P/E ratio of 22.79, a price-to-earnings-growth ratio of 1.28 and a beta of 0.76. Patria Investments Limited has a 12-month low of $10.55 and a 12-month high of $17.80. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91. The business’s 50 day moving average price is $11.15 and its two-hundred day moving average price is $11.94.

Patria Investments Announces Dividend

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

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Patria Investments from a “strong sell” rating to a “hold” rating in a research 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $17.00.

Hedge Funds Weigh In On Patria Investments

A number of hedge funds have recently modified their holdings of the stock. Pertento Partners LLP raised its stake in shares of Patria Investments by 12.9% during the 4th quarter. Pertento Partners LLP now owns 4,483,299 shares of the company’s stock worth $71,240,000 after purchasing an additional 511,327 shares in the last quarter. Samlyn Capital LLC increased its holdings in Patria Investments by 3.4% in the third quarter. Samlyn Capital LLC now owns 1,986,266 shares of the company’s stock worth $28,999,000 after buying an additional 66,161 shares during the last quarter. State Street Corp increased its holdings in Patria Investments by 6.4% in the fourth quarter. State Street Corp now owns 1,361,241 shares of the company’s stock worth $21,631,000 after buying an additional 82,067 shares during the last quarter. Millennium Management LLC raised its position in 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 acquiring an additional 492,009 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in 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 acquiring an additional 19,133 shares in the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

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.