Patria Investments Limited $PAX Shares Purchased by Inspire Investing LLC

Inspire Investing LLC increased its holdings in shares of Patria Investments Limited (NYSE:PAX) by 77.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 143,727 shares of the company’s stock after buying an additional 62,652 shares during the period. Inspire Investing LLC owned about 0.22% of Patria Investments worth $1,811,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in PAX. AQR Capital Management LLC boosted its position in Patria Investments by 234.2% in the 1st quarter. AQR Capital Management LLC now owns 43,789 shares of the company’s stock valued at $494,000 after buying an additional 30,688 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Patria Investments by 8.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,330 shares of the company’s stock valued at $388,000 after acquiring an additional 2,740 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Patria Investments in the first quarter valued at $153,000. Rhumbline Advisers boosted its holdings in Patria Investments by 12.7% in the second 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. boosted its holdings in Patria Investments by 338.0% in the second quarter. American Century Companies Inc. now owns 172,754 shares of the company’s stock valued at $2,429,000 after purchasing an additional 133,313 shares during the period. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Patria Investments

In other Patria Investments news, Director Olimpio Matarazzo Neto bought 50,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was purchased at an average price of $11.46 per share, for a total transaction of $573,000.00. Following the completion of the purchase, the director directly owned 235,000 shares in the company, valued at $2,693,100. This trade represents a 27.03% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders bought 175,000 shares of company stock worth $1,980,850. 58.10% of the stock is currently owned by company insiders.

Patria Investments Stock Performance

NYSE:PAX opened at $10.98 on Wednesday. The firm has a market capitalization of $730.42 million, a PE ratio of 21.96, a price-to-earnings-growth ratio of 1.28 and a beta of 0.74. The business’s fifty day moving average price is $11.69 and its 200 day moving average price is $13.32. 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 Limited has a 12 month low of $10.56 and a 12 month high of $17.80.

Patria Investments Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Monday, May 18th were given a dividend of $0.1625 per share. This is a boost from Patria Investments’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Monday, May 18th. This represents a $0.65 annualized dividend and a dividend yield of 5.9%. Patria Investments’s dividend payout ratio is 144.44%.

Wall Street Analyst Weigh In

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

Patria Investments 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.