Quantbot Technologies LP Lowers Stock Holdings in Patria Investments Limited (NYSE:PAX)

Quantbot Technologies LP lowered its stake in Patria Investments Limited (NYSE:PAX) by 90.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,757 shares of the company’s stock after selling 54,106 shares during the period. Quantbot Technologies LP’s holdings in Patria Investments were worth $67,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PAX. FMR LLC grew its holdings 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 valued at $66,760,000 after buying an additional 483,675 shares during the last quarter. State Street Corp boosted its stake in shares of Patria Investments by 21.7% in the 3rd quarter. State Street Corp now owns 1,165,331 shares of the company’s stock worth $13,017,000 after buying an additional 208,039 shares during the last quarter. Phase 2 Partners LLC boosted its holdings in shares of Patria Investments by 57.7% in the third quarter. Phase 2 Partners LLC now owns 541,602 shares of the company’s stock worth $6,050,000 after buying an additional 198,225 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Patria Investments by 34.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 442,365 shares of the company’s stock valued at $4,941,000 after acquiring an additional 113,935 shares during the period. Finally, Citigroup Inc. grew its holdings in Patria Investments by 43.9% during the third quarter. Citigroup Inc. now owns 318,580 shares of the company’s stock valued at $3,559,000 after purchasing an additional 97,210 shares during the period. Institutional investors own 96.27% of the company’s stock.

Patria Investments Stock Performance

Shares of NYSE PAX opened at $11.41 on Wednesday. The firm has a fifty day moving average price of $11.73 and a 200-day moving average price of $11.71. Patria Investments Limited has a 1 year low of $10.50 and a 1 year high of $14.77. The stock has a market cap of $681.94 million, a PE ratio of 22.82, a price-to-earnings-growth ratio of 1.28 and a beta of 0.58. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91.

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 dividend on an annualized basis and a yield of 5.26%. Patria Investments’s dividend payout ratio 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.