1 day Ago By ABMN Staff
Bank of New York Mellon Corp increased its stake in shares of Patria Investments Limited ( NYSE:PAX – Free Report ) by 13.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 181,777 shares of the company’s stock after acquiring an additional 21,282 shares during the period.
Bank of New York Mellon Corp owned 0.31% of Patria Investments worth $2,192,000 as of its most recent filing with the SEC. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company.
AdvisorNet Financial Inc raised its stake in shares of Patria Investments by 9.7% in the 1st quarter. AdvisorNet Financial Inc now owns 9,580 shares of the company’s stock valued at $142,000 after buying an additional 850 shares in the last quarter.
Quadrature Capital Ltd acquired a new position in Patria Investments during the 1st quarter valued at about $200,000. Entropy Technologies LP bought a new position in Patria Investments in the first quarter valued at approximately $219,000. MQS Management LLC acquired a new position in Patria Investments in the first quarter valued at about $279,000.
Finally, Coronation Fund Managers Ltd. lifted its stake in Patria Investments by 1.3% in the second quarter.
Coronation Fund Managers Ltd. now owns 93,916 shares of the company’s stock valued at $1,133,000 after buying an additional 1,228 shares during the period. Institutional investors and hedge funds own 96.
27% of the company’s stock. Patria Investments Trading Up 0.9 % NYSE PAX opened at $11.
26 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.
99 and a quick ratio of 0.99. The stock’s 50-day moving average is $11.
89 and its 200-day moving average is $12.88. Patria Investments Limited has a one year low of $10.
63 and a one year high of $16.16. The firm has a market cap of $673.
01 million, a P/E ratio of 14.44, a P/E/G ratio of 1.13 and a beta of 0.
58. Patria Investments Cuts Dividend The firm also recently announced a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Monday, August 19th were given a dividend of $0.
15 per share. The ex-dividend date of this dividend was Monday, August 19th. This represents a $0.
60 dividend on an annualized basis and a dividend yield of 5.33%. Patria Investments’s payout ratio is presently 76.
92%. Patria Investments Company Profile ( Free Report ) Patria Investments Limited operates as a private market investment firm focused on investing in Latin America. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds.
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