MQS Management LLC Invests $279,000 in Patria Investments Limited (NYSE:PAX)

MQS Management LLC acquired a new position in shares of Patria Investments Limited (NYSE:PAX) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 18,787 shares of the company’s stock, valued at approximately $279,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in PAX. SG Americas Securities LLC raised its stake in shares of Patria Investments by 74.3% during the 4th quarter. SG Americas Securities LLC now owns 12,691 shares of the company’s stock worth $197,000 after purchasing an additional 5,408 shares in the last quarter. Raymond James & Associates acquired a new position in shares of Patria Investments during the 4th quarter worth approximately $251,000. Los Angeles Capital Management LLC increased its holdings in shares of Patria Investments by 36.5% during the 4th quarter. Los Angeles Capital Management LLC now owns 95,777 shares of the company’s stock worth $1,486,000 after acquiring an additional 25,616 shares during the last quarter. National Bank of Canada FI increased its holdings in shares of Patria Investments by 3.7% during the 4th quarter. National Bank of Canada FI now owns 223,909 shares of the company’s stock worth $3,326,000 after acquiring an additional 7,938 shares during the last quarter. Finally, Pertento Partners LLP increased its holdings in shares of Patria Investments by 9.3% during the 4th quarter. Pertento Partners LLP now owns 2,112,284 shares of the company’s stock worth $32,762,000 after acquiring an additional 179,809 shares during the last quarter. Institutional investors own 96.27% of the company’s stock.

Patria Investments Stock Up 1.5 %

Shares of PAX stock traded up $0.19 during trading on Friday, reaching $13.08. 23,549 shares of the company’s stock were exchanged, compared to its average volume of 346,314. The firm’s fifty day moving average price is $12.64 and its 200-day moving average price is $13.72. Patria Investments Limited has a twelve month low of $12.01 and a twelve month high of $16.16. The stock has a market capitalization of $769.89 million, a PE ratio of 10.39, a PEG ratio of 1.32 and a beta of 0.60.

Patria Investments (NYSE:PAX) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.13). Patria Investments had a net margin of 36.70% and a return on equity of 35.95%. The firm had revenue of $60.60 million during the quarter, compared to analyst estimates of $67.02 million. As a group, analysts anticipate that Patria Investments Limited will post 1.19 EPS for the current fiscal year.

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.