Patria Investments (NYSE:PAX) Director Olimpio Matarazzo Neto Buys 50,000 Shares of Stock

Patria Investments Limited (NYSE:PAX) Director Olimpio Matarazzo Neto purchased 50,000 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was purchased at an average price of $11.12 per share, with a total value of $556,000.00. Following the completion of the transaction, the director owned 185,000 shares of the company’s stock, valued at approximately $2,057,200. This trade represents a 37.04% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Olimpio Matarazzo Neto also recently made the following trade(s):

• On Friday, June 5th, Olimpio Matarazzo Neto purchased 50,000 shares of Patria Investments stock. The stock was purchased at an average price of $11.46 per share, with a total value of $573,000.00.
• On Monday, June 1st, Olimpio Matarazzo Neto purchased 15,000 shares of Patria Investments stock. The stock was purchased at an average price of $11.59 per share, with a total value of $173,850.00.
• On Thursday, May 28th, Olimpio Matarazzo Neto purchased 15,000 shares of Patria Investments stock. The stock was purchased at an average price of $11.50 per share, with a total value of $172,500.00.
• On Tuesday, May 26th, Olimpio Matarazzo Neto purchased 15,000 shares of Patria Investments stock. The stock was purchased at an average price of $11.31 per share, with a total value of $169,650.00.
• On Wednesday, May 20th, Olimpio Matarazzo Neto bought 15,000 shares of Patria Investments stock. The shares were bought at an average price of $10.99 per share, with a total value of $164,850.00.
• On Friday, May 15th, Olimpio Matarazzo Neto bought 15,000 shares of Patria Investments stock. The shares were bought at an average price of $11.40 per share, with a total value of $171,000.00.

Patria Investments Price Performance

Shares of NYSE:PAX opened at $11.15 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 fifty day moving average price of $12.11 and a 200 day moving average price of $13.78. Patria Investments Limited has a fifty-two week low of $10.72 and a fifty-two week high of $17.80. The firm has a market cap of $741.73 million, a price-to-earnings ratio of 22.30, a P/E/G 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 given a dividend of $0.1625 per share. 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 5.8%. The ex-dividend date is Monday, May 18th. Patria Investments’s dividend payout ratio (DPR) is currently 144.44%.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Patria Investments

A number of hedge funds have recently bought and sold shares of PAX. AQR Capital Management LLC raised its stake in Patria Investments by 234.2% during the first quarter. AQR Capital Management LLC now owns 43,789 shares of the company’s stock valued at $494,000 after purchasing an additional 30,688 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Patria Investments by 8.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,330 shares of the company’s stock valued at $388,000 after purchasing an additional 2,740 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Patria Investments during the first quarter valued at $153,000. Rhumbline Advisers raised its stake in Patria Investments by 12.7% during the second quarter. Rhumbline Advisers now owns 92,717 shares of the company’s stock valued at $1,304,000 after purchasing an additional 10,442 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in Patria Investments by 338.0% during the second quarter. American Century Companies Inc. now owns 172,754 shares of the company’s stock valued at $2,429,000 after purchasing an additional 133,313 shares in the last quarter. Hedge funds and other institutional investors own 96.27% of the company’s stock.

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.