Globeflex Capital L P Invests $597,000 in Patria Investments Limited $PAX

Globeflex Capital L P acquired a new position in Patria Investments Limited (NYSE:PAX) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 54,416 shares of the company’s stock, valued at approximately $597,000.

Other large investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its holdings in Patria Investments by 234.2% during the 1st quarter. AQR Capital Management LLC now owns 43,789 shares of the company’s stock valued at $494,000 after acquiring an additional 30,688 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings 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 purchasing an additional 2,740 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Patria Investments in the first quarter valued at about $153,000. Rhumbline Advisers grew its position in shares of 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 last quarter. Finally, American Century Companies Inc. grew its position in shares of 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 last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Olimpio Matarazzo Neto acquired 50,000 shares of Patria Investments stock in a transaction that occurred on Friday, June 5th. The shares were acquired at an average price of $11.46 per share, with a total value of $573,000.00. Following the completion of the purchase, the director owned 235,000 shares of the company’s stock, valued at approximately $2,693,100. This represents a 27.03% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Marco Nicola D’ippolito sold 7,004 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $11.29, for a total transaction of $79,075.16. Following the transaction, the chief executive officer directly owned 443,178 shares in the company, valued at $5,003,479.62. The trade was a 1.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have acquired a total of 130,000 shares of company stock worth $1,475,350 over the last ninety days. 58.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Patria Investments from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Patria Investments presently has an average rating of “Hold” and a consensus price target of $17.00.

Patria Investments Stock Up 2.6%

Shares of NYSE:PAX opened at $11.78 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. Patria Investments Limited has a 52-week low of $10.55 and a 52-week high of $17.80. The stock’s fifty day simple moving average is $11.15 and its 200-day simple moving average is $11.90. The company has a market capitalization of $783.64 million, a P/E ratio of 23.56, a P/E/G ratio of 1.28 and a beta of 0.76.

Patria Investments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, August 10th will be issued a $0.1625 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date is Monday, August 10th. Patria Investments’s dividend payout ratio is 147.73%.

About Patria Investments

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.