Globeflex Capital L P Has $4.22 Million Position in Patria Investments Limited $PAX

Globeflex Capital L P grew its holdings in Patria Investments Limited (NYSE:PAX) by 36.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 265,553 shares of the company’s stock after purchasing an additional 71,625 shares during the quarter. Globeflex Capital L P owned about 0.40% of Patria Investments worth $4,220,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Public Employees Retirement System of Ohio grew its position in shares of Patria Investments by 5.0% in the third quarter. Public Employees Retirement System of Ohio now owns 14,600 shares of the company’s stock valued at $213,000 after purchasing an additional 700 shares during the last quarter. Legal & General Group Plc grew its position in shares of Patria Investments by 2.3% in the third quarter. Legal & General Group Plc now owns 38,430 shares of the company’s stock valued at $561,000 after purchasing an additional 875 shares during the last quarter. Rhumbline Advisers grew its position in shares of Patria Investments by 1.0% in the third quarter. Rhumbline Advisers now owns 93,634 shares of the company’s stock valued at $1,367,000 after purchasing an additional 917 shares during the last quarter. ProShare Advisors LLC grew its position in shares of Patria Investments by 9.2% in the fourth quarter. ProShare Advisors LLC now owns 12,099 shares of the company’s stock valued at $192,000 after purchasing an additional 1,017 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in shares of Patria Investments by 6.6% in 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. 96.27% of the stock is owned by institutional investors and hedge funds.

Patria Investments Stock Up 3.0%

NYSE PAX opened at $11.51 on Friday. 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 firm has a 50-day simple moving average of $12.12 and a 200 day simple moving average of $13.80. Patria Investments Limited has a twelve month low of $10.72 and a twelve month high of $17.80. The stock has a market cap of $765.68 million, a PE ratio of 23.02, a PEG ratio of 1.28 and a beta of 0.74.

Patria Investments Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Monday, May 18th will be paid a $0.1625 dividend. The ex-dividend date is Monday, May 18th. This is a boost from Patria Investments’s previous quarterly dividend of $0.15. This represents a $0.65 annualized dividend and a dividend yield of 5.6%. Patria Investments’s dividend payout ratio is 144.44%.

Insider Buying and Selling at Patria Investments

In related news, Director Olimpio Matarazzo Neto bought 15,000 shares of Patria Investments stock in a transaction that occurred on Monday, June 1st. The stock was acquired at an average price of $11.59 per share, for a total transaction of $173,850.00. Following the completion of the purchase, the director owned 120,000 shares in the company, valued at approximately $1,390,800. This represents a 14.29% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have bought a total of 75,000 shares of company stock valued at $851,850 in the last three months. 58.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

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

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.