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PAX

Patria Investments Limited

https://www.patria.com

Industry

Asset Management

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. Patria Investments Limited was founded in 1994 and is headquartered in Grand Cayman, the Cayman Islands.

Open

12.69

Mkt cap

1.9B

Volume

536K

High

12.73

P/E Ratio

29.19

52-wk high

16.16

Low

12.50

Div yield

0.07

52-wk low

10.63

Patria Investments Limited is considered a 'buy-the-dip' opportunity due to its resilient AUM growth, balanced fund structure, margin expansion potential, and attractive valuation metrics. Despite recent earnings misses, its Latin America-centric approach offers diversification and growth benefits, supported by a 4%+ forward dividend yield.

Portfolio Pulse from

December 16, 2024 | 8:00 pm

Patria Investments has underperformed its peers with a -20.25% YTD drop but showed strong Q3 fundraising of $2 billion, mainly from Brazilian investors. Despite a yearly margin reduction, its 12x price-to-FRE valuation is attractive.

Portfolio Pulse from

November 13, 2024 | 1:00 pm

Patria Investments Limited (PAX) held its Q3 2024 earnings conference call, discussing financial performance and future outlook with key participants from major financial institutions.

Portfolio Pulse from

November 05, 2024 | 10:30 pm

Patria (Nasdaq:PAX) has released its unaudited earnings results for the third quarter of 2024. Investors can access the full report on Patria's website.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Goldman Sachs analyst Tito Labarta maintains a Buy rating on Patria Investments (NASDAQ:PAX) but lowers the price target from $16 to $14.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 2:16 pm

The article highlights three oversold financial stocks with potential for growth: Coinbase Global, PagSeguro Digital, and Patria Investments. These stocks have low RSI values, indicating they may be undervalued. Barclays upgraded Coinbase, while PagSeguro and Patria reported notable earnings.

Portfolio Pulse from Avi Kapoor

September 09, 2024 | 11:36 am

Patria Investments (NASDAQ:PAX) reported Q2 2024 earnings per share of $0.22, meeting analyst expectations, and sales of $70.2 million, beating estimates by 1.88%. Despite a 24.14% decrease in EPS from last year, sales increased by 13.96%.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:13 am

Patria Investments has agreed to acquire Nexus Capital, a real estate asset manager in Colombia. The transaction is expected to add approximately $800 million to Patria's Fee Earning AUM and be immediately accretive to its earnings.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:04 pm

Patria Investments (NASDAQ:PAX) reported Q1 2024 earnings of $0.21 per share, missing the $0.30 estimate, and sales of $62.9M, below the $68.456M estimate. This represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:14 am

Patria Investments (NASDAQ:PAX) announced a quarterly dividend of 39.9 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning PAX by the end of Tuesday are eligible for the dividend, payable on March 08, 2024. The stock is expected to open 39.9 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 2:45 pm

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