Patria Investments (NYSE:PAX) Hits New 1-Year Low – Should You Sell?

Patria Investments Limited (NYSE:PAX)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $10.56 and last traded at $10.56, with a volume of 202658 shares changing hands. The stock had previously closed at $11.04.

Patria Investments Stock Performance

The company has a market cap of $649.07 million, a PE ratio of 21.72, a PEG ratio of 1.28 and a beta of 0.58. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. The company has a 50-day moving average of $11.77 and a 200-day moving average of $11.71.

Patria Investments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Tuesday, February 25th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.52%. The ex-dividend date is Tuesday, February 25th. Patria Investments’s dividend payout ratio (DPR) is currently 120.00%.

Institutional Trading of Patria Investments

Large investors have recently added to or reduced their stakes in the stock. R Squared Ltd bought a new position in shares of Patria Investments during the 4th quarter valued at approximately $29,000. SBI Securities Co. Ltd. purchased a new position in Patria Investments in the 4th quarter valued at approximately $41,000. Roxbury Financial LLC purchased a new position in Patria Investments in the 4th quarter valued at approximately $55,000. BNP Paribas Financial Markets purchased a new position in Patria Investments in the 4th quarter valued at approximately $81,000. Finally, Public Employees Retirement System of Ohio purchased a new position in Patria Investments in the 3rd quarter valued at approximately $107,000. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Patria Investments Company 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.