Marco Nicola D’ippolito Sells 7,004 Shares of Patria Investments (NYSE:PAX) Stock

Patria Investments Limited (NYSE:PAX) CEO Marco Nicola D’ippolito sold 7,004 shares of Patria Investments stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $11.29, for a total value of $79,075.16. Following the sale, the chief executive officer directly owned 443,178 shares of the company’s stock, valued at approximately $5,003,479.62. This represents a 1.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Patria Investments Stock Up 2.6%

Shares of PAX stock opened at $11.78 on Wednesday. Patria Investments Limited has a fifty-two week low of $10.55 and a fifty-two week high of $17.80. The firm has a market capitalization of $783.64 million, a PE ratio of 23.56, a P/E/G ratio of 1.28 and a beta of 0.76. 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’s 50-day simple moving average is $11.15 and its 200-day simple moving average is $11.90.

Patria Investments Announces Dividend

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

Hedge Funds Weigh In On Patria Investments

Several institutional investors and hedge funds have recently modified their holdings of the business. SEB Asset Management AB acquired a new stake in shares of Patria Investments in the first quarter valued at about $5,465,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Patria Investments during the 1st quarter worth about $1,197,000. Renaissance Technologies LLC acquired a new position in shares of Patria Investments during the 1st quarter worth about $2,971,000. Hussman Strategic Advisors Inc. purchased a new position in Patria Investments in the 4th quarter valued at about $667,000. Finally, Globeflex Capital L P lifted its stake in Patria Investments by 36.9% in the 4th quarter. Globeflex Capital L P now owns 265,553 shares of the company’s stock valued at $4,220,000 after buying an additional 71,625 shares in the last quarter. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of 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 issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $17.00.

Patria Investments Company 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.