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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

12.28

Mkt cap

1.8B

Volume

528K

High

12.31

P/E Ratio

27.72

52-wk high

16.16

Low

11.85

Div yield

0.08

52-wk low

10.63

Numerous companies are scheduled to report their earnings on February 15, 2024, covering a wide range of industries from technology to energy, and including both earnings and losses. Key companies reporting include Cognex, Cenovus Energy, Wendy's, Agios Pharmaceuticals, Appian, and many others, with expectations of both profits and losses.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 10:17 am

Patria Investments (NASDAQ:PAX) is scheduled to release its quarterly earnings report on February 15, 2024, with analysts expecting an EPS of $0.37. The company's past earnings performance shows mixed results, with a miss last quarter but a subsequent share price increase. Over the last year, PAX shares have declined by 15.14%, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 3:01 pm

Banking and financial services stocks, including ACRE, APAM, BANC, and others, are trading lower due to a greater-than-expected increase in January inflation data.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 8:34 pm

Patria Investments has signed an agreement to purchase Credit Suisse's real estate business in Brazil. The deal is valued at up to R$650 million, which is approximately $130 million in total cash consideration.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 10:06 pm

Patria Investments has filed an F-3ASR form, indicating its intention to issue new stock in the future. The size of the potential stock offering has not been disclosed.

Portfolio Pulse from Charles Gross

November 29, 2023 | 9:51 pm

Patria Investments (NASDAQ:PAX) reported Q3 earnings of $0.23 per share, missing the analyst consensus estimate of $0.35 by 34.29%. The company also reported quarterly sales of $61.70 million, missing the analyst consensus estimate of $72.85 million by 15.31%. However, both earnings and sales increased compared to the same period last year.

Portfolio Pulse from bharat@benzinga.com

November 07, 2023 | 11:15 am

Patria Investments has agreed to acquire the private equity solutions business from abrdn for up to £100M (~$122M), with £80M as base value and £20M as contingent payment. This acquisition is aimed at expanding Patria's global private markets capabilities.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 10:07 am

Patria Investments, along with a consortium including Saudi Arabia's sovereign wealth fund, has won the auction for the concession of the 'Paraná Lote 1' highway system in Brazil. This marks the first investment of Patria Infrastructure Fund V and expands Patria's presence in the toll roads segment. The project, awarded by Brazil's National Transportation Agency, involves 473 kilometers of federal and state roads and is expected to receive total investments of approximately US$ 1.6 billion over 30 years.

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 1:04 pm

Patria Investments (NASDAQ:PAX) has announced a quarterly dividend of 25.1 cents per share. The ex-dividend date is Tuesday, meaning the stock will likely open 25.1 cents lower to reflect the payout. Shareholders who own PAX as of the end of Monday's session are eligible to receive the dividend, which will be paid out on September 08, 2023.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 2:45 pm

Patria Investments (NASDAQ:PAX) reported Q2 earnings of $0.30 per share, missing the analyst consensus estimate of $0.31 by 3.23%. The company also reported quarterly sales of $61.60 million, missing the analyst consensus estimate of $69.22 million by 11.01%. However, both earnings and sales increased compared to the same period last year.

Portfolio Pulse from totan@benzinga.com

August 04, 2023 | 12:44 pm

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