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Patria Investments (NYSE:PAX) Downgraded by TheStreet to D+


Patria Investments (NYSE:PAXGet Ranking) was downgraded by analysis analysts at TheStreet from a “c-” score to a “d+” score in a report issued on Wednesday, TheStreetRatingsTable studies.

NYSE:PAX opened at $12.73 on Wednesday. Patria Investments has a twelve month low of $12.51 and a twelve month excessive of $19.49. The corporate has a market cap of $690.58 million, a price-to-earnings ratio of 13.84 and a beta of 0.38. The inventory has a fifty day easy transferring common of $14.79 and a 200-day easy transferring common of $16.02.

Patria Investments (NYSE:PAXGet Ranking) final launched its earnings outcomes on Tuesday, Might 10th. The corporate reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.09. Patria Investments had a return on fairness of 34.59% and a web margin of 48.67%. The enterprise had income of $55.00 million throughout the quarter. Throughout the identical quarter final yr, the enterprise posted $0.13 earnings per share. On common, analysts forecast that Patria Investments will put up 0.9 EPS for the present fiscal yr.

Institutional traders have lately made adjustments to their positions within the firm. Qube Analysis & Applied sciences Ltd elevated its stake in shares of Patria Investments by 319.7% throughout the fourth quarter. Qube Analysis & Applied sciences Ltd now owns 56,937 shares of the corporate’s inventory valued at $922,00Zero after shopping for a further 43,370 shares throughout the interval. Raymond James & Associates grew its stake in Patria Investments by 50.9% within the fourth quarter. Raymond James & Associates now owns 118,101 shares of the corporate’s inventory valued at $1,913,00Zero after buying a further 39,852 shares over the past quarter. American Century Corporations Inc. bought a brand new place in Patria Investments within the fourth quarter valued at about $15,397,000. Beck Mack & Oliver LLC grew its stake in Patria Investments by 44.6% within the fourth quarter. Beck Mack & Oliver LLC now owns 163,319 shares of the corporate’s inventory valued at $2,646,00Zero after buying a further 50,403 shares over the past quarter. Lastly, Mondrian Funding Companions LTD grew its stake in Patria Investments by 690.4% within the first quarter. Mondrian Funding Companions LTD now owns 216,327 shares of the corporate’s inventory valued at $3,853,00Zero after buying a further 188,956 shares over the past quarter.

Patria Investments Firm Profile (Get Ranking)

Patria Investments Restricted operates as a non-public market funding agency targeted on investing in Latin America. The corporate provides asset administration providers to traders specializing in non-public fairness funds, infrastructure growth funds, co-investments funds, constructivist fairness funds, and actual property and credit score funds.

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