Patria Investments (NYSE:PAX) Reaches New 1-Year Low – What’s Next?

Patria Investments Limited (NYSE:PAX)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $10.72 and last traded at $10.76, with a volume of 683967 shares changing hands. The stock had previously closed at $11.03.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on PAX shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $18.00 price target on shares of Patria Investments in a report on Friday, April 24th. Zacks Research downgraded shares of Patria Investments from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Patria Investments from $17.00 to $16.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Patria Investments presently has an average rating of “Hold” and a consensus price target of $17.00.

Patria Investments Trading Down 2.4%

The stock has a 50 day moving average of $11.89 and a 200-day moving average of $13.49. The company has a market capitalization of $715.79 million, a P/E ratio of 21.52, a P/E/G ratio of 1.28 and a beta of 0.74. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31.

Patria Investments Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Monday, May 18th were given a $0.1625 dividend. The ex-dividend date was Monday, May 18th. This is an increase from Patria Investments’s previous quarterly dividend of $0.15. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.0%. Patria Investments’s dividend payout ratio (DPR) is currently 144.44%.

Insider Activity

In other news, Director Olimpio Matarazzo Neto acquired 50,000 shares of Patria Investments stock in a transaction dated Friday, June 5th. The stock was purchased at an average cost of $11.46 per share, with a total value of $573,000.00. Following the completion of the purchase, the director directly owned 235,000 shares in the company, valued at approximately $2,693,100. This trade represents a 27.03% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have acquired 175,000 shares of company stock valued at $1,980,850 over the last three months. Corporate insiders own 58.10% of the company’s stock.

Institutional Inflows and Outflows

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

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.