Roxbury Financial LLC Invests $55,000 in Patria Investments Limited (NYSE:PAX)

Roxbury Financial LLC acquired a new position in shares of Patria Investments Limited (NYSE:PAX) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,600 shares of the company’s stock, valued at approximately $55,000.

Several other institutional investors also recently modified their holdings of the company. R Squared Ltd bought a new position in shares of Patria Investments during the 4th quarter worth approximately $29,000. Public Employees Retirement System of Ohio bought a new position in shares of Patria Investments during the 3rd quarter worth approximately $107,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Patria Investments during the 3rd quarter worth approximately $130,000. Intech Investment Management LLC bought a new position in shares of Patria Investments during the 3rd quarter worth approximately $200,000. Finally, SG Americas Securities LLC bought a new position in shares of Patria Investments during the 3rd quarter worth approximately $211,000. Institutional investors and hedge funds own 96.27% of the company’s stock.

Patria Investments Price Performance

Patria Investments stock opened at $12.69 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.88 and a quick ratio of 0.88. The company has a market capitalization of $758.48 million, a PE ratio of 29.51, a price-to-earnings-growth ratio of 1.23 and a beta of 0.58. Patria Investments Limited has a one year low of $10.63 and a one year high of $16.16. The business has a 50 day simple moving average of $11.84 and a 200 day simple moving average of $11.69.

Patria Investments Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.60 annualized dividend and a yield of 4.73%. Patria Investments’s payout ratio is 139.53%.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut their target price on Patria Investments from $16.00 to $14.00 and set a “buy” rating for the company in a research report on Tuesday, October 22nd.

Patria Investments Profile

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.