Y Intercept Hong Kong Ltd Sells 32,409 Shares of Patria Investments Limited (NYSE:PAX)

Y Intercept Hong Kong Ltd reduced its position in Patria Investments Limited (NYSE:PAX) by 70.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,548 shares of the company’s stock after selling 32,409 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Patria Investments were worth $158,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of PAX. R Squared Ltd acquired a new position in Patria Investments in the fourth quarter valued at $29,000. Roxbury Financial LLC bought a new position in shares of Patria Investments in the 4th quarter worth about $55,000. Geode Capital Management LLC lifted its stake in shares of Patria Investments by 0.8% in the 3rd 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. Janus Henderson Group PLC boosted its position in shares of Patria Investments by 7.0% during the 3rd quarter. Janus Henderson Group PLC now owns 85,278 shares of the company’s stock valued at $953,000 after purchasing an additional 5,599 shares in the last quarter. Finally, Martingale Asset Management L P grew its stake in Patria Investments by 9.8% during the third quarter. Martingale Asset Management L P now owns 74,891 shares of the company’s stock worth $837,000 after purchasing an additional 6,713 shares during the period. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Patria Investments Trading Up 2.9 %

Shares of PAX stock opened at $11.17 on Thursday. Patria Investments Limited has a fifty-two week low of $10.50 and a fifty-two week high of $15.04. 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 stock has a 50 day simple moving average of $11.75 and a two-hundred day simple moving average of $11.70. The company has a market cap of $667.60 million, a P/E ratio of 22.34, a PEG ratio of 1.28 and a beta of 0.58.

Patria Investments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Tuesday, February 25th will be paid a $0.15 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $0.60 annualized dividend and a dividend yield of 5.37%. Patria Investments’s dividend payout ratio is currently 120.00%.

About Patria Investments

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.