Strs Ohio Takes Position in Patria Investments Limited $PAX

Strs Ohio bought a new stake in shares of Patria Investments Limited (NYSE:PAX) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 46,400 shares of the company’s stock, valued at approximately $677,000. Strs Ohio owned approximately 0.07% of Patria Investments at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PAX. State of Alaska Department of Revenue acquired a new stake in shares of Patria Investments in the third quarter valued at about $38,000. Ameritas Investment Partners Inc. boosted its holdings in Patria Investments by 14.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,140 shares of the company’s stock worth $86,000 after buying an additional 775 shares during the last quarter. CWM LLC boosted its holdings in Patria Investments by 47.4% in the 2nd quarter. CWM LLC now owns 7,516 shares of the company’s stock worth $106,000 after buying an additional 2,417 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in Patria Investments by 52.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the company’s stock worth $115,000 after buying an additional 2,818 shares in the last quarter. Finally, Savant Capital LLC acquired a new position in shares of Patria Investments during the second quarter valued at approximately $150,000. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Patria Investments Stock Performance

NYSE PAX opened at $14.67 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 stock’s fifty day moving average is $16.04 and its two-hundred day moving average is $14.83. The firm has a market capitalization of $975.89 million, a P/E ratio of 29.34, a price-to-earnings-growth ratio of 1.28 and a beta of 0.69. Patria Investments Limited has a fifty-two week low of $9.43 and a fifty-two week high of $17.80.

Wall Street Analyst Weigh In

PAX has been the topic of a number of research analyst reports. Zacks Research raised Patria Investments from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 14th. The Goldman Sachs Group lifted their target price on shares of Patria Investments from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat.com, Patria Investments presently has a consensus rating of “Strong Buy” and an average target price of $20.00.

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.