Patria Investments (NYSE:PAX) Stock Rating Upgraded by Zacks Research

Patria Investments (NYSE:PAX) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Patria Investments Stock Performance

Shares of NYSE PAX opened at $17.34 on Wednesday. Patria Investments has a 12-month low of $9.43 and a 12-month high of $17.80. The company has a market cap of $1.15 billion, a PE ratio of 34.78, a P/E/G ratio of 1.28 and a beta of 0.69. The stock has a 50 day simple moving average of $15.68 and a 200-day simple moving average of $14.66. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31.

Institutional Trading of Patria Investments

Institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio increased its stake in shares of Patria Investments by 5.0% during the third quarter. Public Employees Retirement System of Ohio now owns 14,600 shares of the company’s stock valued at $213,000 after acquiring an additional 700 shares during the period. Ameritas Investment Partners Inc. boosted its stake in Patria Investments by 14.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,140 shares of the company’s stock valued at $86,000 after purchasing an additional 775 shares in the last quarter. Legal & General Group Plc boosted its stake in Patria Investments by 2.3% during the 3rd quarter. Legal & General Group Plc now owns 38,430 shares of the company’s stock valued at $561,000 after purchasing an additional 875 shares in the last quarter. Rhumbline Advisers increased its position in shares of Patria Investments by 1.0% during the 3rd quarter. Rhumbline Advisers now owns 93,634 shares of the company’s stock valued at $1,367,000 after purchasing an additional 917 shares during the period. Finally, CWM LLC raised its stake in shares of Patria Investments by 12.3% in the 3rd quarter. CWM LLC now owns 8,439 shares of the company’s stock worth $123,000 after buying an additional 923 shares in the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

Patria Investments Company Profile

Patria Investments Limited (NYSE: PAX) is a Brazil-based alternative asset management firm specializing in private equity, infrastructure, real estate and credit investments. Since its founding in 1988, the firm has focused on identifying and partnering with high-potential companies and projects across Latin America. Patria’s investment approach combines local market expertise with global best practices to structure and manage portfolios that aim to deliver long-term value to institutional and high-net-worth clients.

The company’s core business activities include private equity funds targeting mid-market and large-cap buyouts, infrastructure funds investing in essential assets such as energy and transportation, real estate strategies encompassing residential, commercial and logistics properties, and credit funds that provide financing solutions across the capital structure.