SBI Securities Co. Ltd. Takes Position in Patria Investments Limited (NYSE:PAX)

SBI Securities Co. Ltd. acquired a new stake in shares of Patria Investments Limited (NYSE:PAX) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,486 shares of the company’s stock, valued at approximately $41,000.

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC grew its stake in shares of Patria Investments by 8.8% during the third quarter. FMR LLC now owns 5,976,699 shares of the company’s stock worth $66,760,000 after buying an additional 483,675 shares during the last quarter. State Street Corp raised its holdings in shares of Patria Investments by 21.7% during the third quarter. State Street Corp now owns 1,165,331 shares of the company’s stock valued at $13,017,000 after purchasing an additional 208,039 shares during the period. Geode Capital Management LLC raised its holdings in shares of Patria Investments by 0.8% during the third quarter. Geode Capital Management LLC now owns 680,447 shares of the company’s stock valued at $7,601,000 after purchasing an additional 5,187 shares during the period. Phase 2 Partners LLC raised its holdings in shares of Patria Investments by 57.7% in the 3rd quarter. Phase 2 Partners LLC now owns 541,602 shares of the company’s stock worth $6,050,000 after acquiring an additional 198,225 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Patria Investments by 34.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 442,365 shares of the company’s stock worth $4,941,000 after acquiring an additional 113,935 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Patria Investments Trading Up 1.4 %

NYSE:PAX opened at $11.01 on Wednesday. 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 firm has a market cap of $658.03 million, a price-to-earnings ratio of 22.02, a price-to-earnings-growth ratio of 1.28 and a beta of 0.58. Patria Investments Limited has a 52 week low of $10.50 and a 52 week high of $14.90. The firm has a 50-day moving average price of $11.71 and a two-hundred day moving average price of $11.68.

Patria Investments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.45%. The ex-dividend date of this dividend is Tuesday, February 25th. Patria Investments’s dividend payout ratio is currently 120.00%.

Patria Investments Company Profile

Patria Investments Limited operates as a private market investment firm focused on investing in Latin America. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds.