Patria Investments Limited (NYSE:PAX) Shares Purchased by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lifted its position in shares of Patria Investments Limited (NYSE:PAXFree Report) by 151.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,161 shares of the company’s stock after acquiring an additional 42,305 shares during the period. Los Angeles Capital Management LLC owned about 0.13% of Patria Investments worth $1,023,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in PAX. Victory Capital Management Inc. bought a new position in shares of Patria Investments in the 3rd quarter worth about $183,000. M&T Bank Corp bought a new position in shares of Patria Investments during the third quarter valued at approximately $1,517,000. Daiwa Securities Group Inc. raised its position in shares of Patria Investments by 5.7% during the 3rd quarter. Daiwa Securities Group Inc. now owns 22,471 shares of the company’s stock worth $328,000 after purchasing an additional 1,202 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Patria Investments by 3.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 156,205 shares of the company’s stock worth $2,277,000 after purchasing an additional 5,078 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in Patria Investments during the 3rd quarter valued at approximately $106,000. 96.27% of the stock is currently owned by institutional investors.

Patria Investments Stock Performance

Shares of PAX opened at $14.27 on Thursday. The firm has a fifty day moving average of $14.73 and a 200-day moving average of $14.54. Patria Investments Limited has a 1 year low of $12.81 and a 1 year high of $17.46. The company has a market cap of $793.64 million, a price-to-earnings ratio of 12.61, a price-to-earnings-growth ratio of 0.56 and a beta of 0.59.

Patria Investments (NYSE:PAXGet Free Report) last issued its quarterly earnings data on Tuesday, November 7th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.07). The business had revenue of $63.50 million during the quarter, compared to the consensus estimate of $78.98 million. Patria Investments had a return on equity of 34.32% and a net margin of 39.10%. During the same period last year, the company earned $0.20 earnings per share. Analysts predict that Patria Investments Limited will post 1.13 EPS for the current year.

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

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