Charles Schwab Investment Management Inc. Grows Stock Position in Patria Investments Limited (NYSE:PAX)

Charles Schwab Investment Management Inc. grew its holdings in Patria Investments Limited (NYSE:PAX) by 4.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 135,284 shares of the company’s stock after acquiring an additional 5,852 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.23% of Patria Investments worth $1,573,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Intech Investment Management LLC acquired a new stake in Patria Investments in the 3rd quarter worth approximately $200,000. Citigroup Inc. lifted its stake in shares of Patria Investments by 43.9% during the third quarter. Citigroup Inc. now owns 318,580 shares of the company’s stock worth $3,559,000 after buying an additional 97,210 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Patria Investments during the third quarter valued at $130,000. FMR LLC increased its position in shares of Patria Investments by 8.8% in the 3rd quarter. FMR LLC now owns 5,976,699 shares of the company’s stock valued at $66,760,000 after acquiring an additional 483,675 shares during the period. Finally, Quantbot Technologies LP purchased a new position in Patria Investments in the 3rd quarter worth $669,000. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Patria Investments Stock Down 1.7 %

Patria Investments stock opened at $11.39 on Friday. The business’s 50-day simple moving average is $11.75 and its two-hundred day simple moving average is $11.70. 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 company has a market cap of $680.75 million, a PE ratio of 22.78, a PEG ratio of 1.28 and a beta of 0.58. Patria Investments Limited has a fifty-two week low of $10.50 and a fifty-two week high of $14.90.

Patria Investments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, February 25th were issued a $0.15 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $0.60 annualized dividend and a yield of 5.27%. Patria Investments’s dividend payout ratio (DPR) is presently 120.00%.

Patria Investments 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.