Wellington Shields Capital Management LLC Has $250,000 Stake in Patria Investments Limited (NYSE:PAX)

Wellington Shields Capital Management LLC cut its stake in Patria Investments Limited (NYSE:PAX) by 45.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,500 shares of the company’s stock after selling 18,000 shares during the quarter. Wellington Shields Capital Management LLC’s holdings in Patria Investments were worth $250,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of PAX. R Squared Ltd purchased a new stake in shares of Patria Investments in the fourth quarter valued at about $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Patria Investments in the 4th quarter worth approximately $41,000. Roxbury Financial LLC purchased a new position in shares of Patria Investments in the 4th quarter worth approximately $55,000. Public Employees Retirement System of Ohio bought a new position in shares of Patria Investments in the third quarter valued at approximately $107,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Patria Investments during the third quarter valued at approximately $130,000. Institutional investors own 96.27% of the company’s stock.

Patria Investments Stock Up 3.9 %

PAX stock opened at $11.27 on Friday. The stock has a market cap of $673.57 million, a P/E ratio of 22.54, a P/E/G ratio of 1.28 and a beta of 0.58. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31. The stock’s fifty day simple moving average is $11.69 and its two-hundred day simple moving average is $11.67. Patria Investments Limited has a 1-year low of $10.50 and a 1-year high of $14.90.

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 5.32%. The ex-dividend date is Tuesday, February 25th. Patria Investments’s dividend payout ratio (DPR) is currently 120.00%.

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.