GAMMA Investing LLC Has $43,000 Holdings in Patria Investments Limited (NYSE:PAX)

GAMMA Investing LLC raised its position in Patria Investments Limited (NYSE:PAX) by 888.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,827 shares of the company’s stock after buying an additional 3,440 shares during the period. GAMMA Investing LLC’s holdings in Patria Investments were worth $43,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PAX. SBI Securities Co. Ltd. purchased a new stake in Patria Investments in the 4th quarter valued at about $41,000. BNP Paribas Financial Markets purchased a new stake in Patria Investments in the 4th quarter valued at about $81,000. AdvisorNet Financial Inc increased its stake in Patria Investments by 31.9% in the 1st quarter. AdvisorNet Financial Inc now owns 7,240 shares of the company’s stock valued at $82,000 after buying an additional 1,750 shares during the last quarter. Quadrant Capital Group LLC increased its stake in Patria Investments by 239.5% in the 4th quarter. Quadrant Capital Group LLC now owns 9,692 shares of the company’s stock valued at $113,000 after buying an additional 6,837 shares during the last quarter. Finally, Pictet Asset Management Holding SA purchased a new stake in Patria Investments in the 4th quarter valued at about $122,000. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Patria Investments Trading Up 1.0%

NYSE:PAX opened at $13.77 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 market cap of $835.03 million, a price-to-earnings ratio of 27.54, a price-to-earnings-growth ratio of 1.28 and a beta of 0.67. Patria Investments Limited has a 52 week low of $9.43 and a 52 week high of $14.12. The firm has a 50-day moving average price of $12.38 and a two-hundred day moving average price of $11.80.

Patria Investments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 12th. Shareholders of record on Wednesday, May 14th were paid a $0.15 dividend. The ex-dividend date was Wednesday, May 14th. This represents a $0.60 annualized dividend and a yield of 4.36%. Patria Investments’s dividend payout ratio (DPR) is 122.45%.

About Patria Investments

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.