Patria Investments Limited $PAX Shares Bought by Allianz Asset Management GmbH

Allianz Asset Management GmbH increased its position in Patria Investments Limited (NYSE:PAXFree Report) by 107.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 290,000 shares of the company’s stock after buying an additional 150,000 shares during the quarter. Allianz Asset Management GmbH’s holdings in Patria Investments were worth $4,234,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Ameritas Investment Partners Inc. grew its holdings in Patria Investments by 14.4% during the second quarter. Ameritas Investment Partners Inc. now owns 6,140 shares of the company’s stock worth $86,000 after acquiring an additional 775 shares during the period. CWM LLC grew its stake in shares of Patria Investments by 12.3% in the 3rd quarter. CWM LLC now owns 8,439 shares of the company’s stock worth $123,000 after purchasing an additional 923 shares during the last quarter. Brookwood Investment Group LLC raised its holdings in shares of Patria Investments by 5.2% in the 3rd quarter. Brookwood Investment Group LLC now owns 25,916 shares of the company’s stock worth $378,000 after purchasing an additional 1,285 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Patria Investments by 6.6% during the second quarter. The Manufacturers Life Insurance Company now owns 22,140 shares of the company’s stock valued at $311,000 after purchasing an additional 1,366 shares during the last quarter. Finally, Dodge & Cox lifted its stake in Patria Investments by 7.1% during the second quarter. Dodge & Cox now owns 21,200 shares of the company’s stock valued at $298,000 after purchasing an additional 1,400 shares during the last quarter. Institutional investors own 96.27% of the company’s stock.

Patria Investments Price Performance

NYSE PAX opened at $14.24 on Wednesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a market capitalization of $947.55 million, a price-to-earnings ratio of 28.49, a price-to-earnings-growth ratio of 1.28 and a beta of 0.69. The company has a 50 day simple moving average of $15.97 and a 200-day simple moving average of $14.89. Patria Investments Limited has a 52-week low of $9.43 and a 52-week high of $17.80.

Patria Investments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 20th will be given a $0.15 dividend. The ex-dividend date is Friday, February 20th. This represents a $0.60 dividend on an annualized basis and a yield of 4.2%. Patria Investments’s dividend payout ratio is presently 113.21%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on PAX. Zacks Research raised Patria Investments from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 14th. The Goldman Sachs Group lifted their target price on Patria Investments from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Strong Buy” and a consensus target price of $20.00.

Read Our Latest Stock Analysis on PAX

Patria Investments Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Patria Investments (NYSE:PAX)

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