Patria Investments (NYSE:PAX) Sets New 12-Month Low – Time to Sell?

Patria Investments Limited (NYSE:PAX)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $11.03 and last traded at $11.07, with a volume of 133314 shares trading hands. The stock had previously closed at $11.15.

Analyst Upgrades and Downgrades

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

Patria Investments Stock Performance

The company has a market cap of $734.08 million, a P/E ratio of 22.03, a price-to-earnings-growth ratio of 1.28 and a beta of 0.77. The company’s 50-day moving average is $12.17 and its two-hundred day moving average is $14.12. 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 Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Monday, May 18th will be issued a $0.1625 dividend. The ex-dividend date of this dividend is Monday, May 18th. This is a positive change from Patria Investments’s previous quarterly dividend of $0.15. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.9%. Patria Investments’s payout ratio is currently 144.44%.

Institutional Investors Weigh In On Patria Investments

Institutional investors and hedge funds have recently bought and sold shares of the stock. State of Alaska Department of Revenue purchased a new stake in Patria Investments in the third quarter valued at approximately $38,000. State of Wyoming purchased a new stake in Patria Investments in the third quarter valued at approximately $63,000. Advisory Services Network LLC purchased a new stake in Patria Investments in the third quarter valued at approximately $73,000. Kemnay Advisory Services Inc. purchased a new stake in Patria Investments in the fourth quarter valued at approximately $94,000. Finally, Tower Research Capital LLC TRC raised its stake in Patria Investments by 52.9% in the second quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the company’s stock valued at $115,000 after purchasing an additional 2,818 shares in the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

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.