PAX stock icon

Patria Investments

12.26 USD
+0.09
0.74%
At close Dec 5, 4:00 PM EST
After hours
12.26
+0.00
0.00%
1 day
0.74%
5 days
0.82%
1 month
3.46%
3 months
10.55%
6 months
-6.48%
Year to date
-20.08%
1 year
-14.86%
5 years
-38.39%
10 years
-38.39%
 

About: Patria Investments Ltd is a private markets investment firm. It seeks to provide global and Latin American investors with attractive investment products that allows portfolio diversification and consistent returns.

Employees: 430

0
Funds holding %
of 6,790 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]

35% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 17

5% more funds holding

Funds holding: 118 [Q2] → 124 (+6) [Q3]

2% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 43

3.41% less ownership

Funds ownership: 82.26% [Q2] → 78.85% (-3.41%) [Q3]

10% less capital invested

Capital invested by funds: $584M [Q2] → $526M (-$57.7M) [Q3]

78% less call options, than puts

Call options by funds: $389K | Put options by funds: $1.77M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$14
14%
upside
Avg. target
$14
14%
upside
High target
$14
14%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Goldman Sachs
Tito Labarta
29% 1-year accuracy
2 / 7 met price target
14%upside
$14
Buy
Maintained
22 Oct 2024

Financial journalist opinion

Positive
Seeking Alpha
3 days ago
Patria Investments: I'm Loving This 'Dirt Cheap' Latin American Version Of Blackstone
Blackstone has been an exceptional investment, returning 880% since 2014, but its shares are now extremely rich, prompting consideration of trimming the position. Patria Investments offers similar growth potential as Blackstone, with a projected 2025 EPS growth higher than U.S. peers and a cheaper valuation. PAX's diversified asset management in Latin America presents currency and political risks, but it has shown strong performance and growth in AUM across various asset classes.
Patria Investments: I'm Loving This 'Dirt Cheap' Latin American Version Of Blackstone
Positive
Seeking Alpha
3 weeks ago
Patria Investments' Q3: Strong Fundraising And Attractive Valuation
Patria Investments has heavily underperformed global peers in the private capital industry, dropping -20.25% YTD. Q3 demonstrated strong organic fundraising of $2 billion, with most coming from their global segment, which had a substantial part of those inflows arriving from Brazilian investors wanting to invest abroad. Although the company had a yearly margin reduction based on fee-related earnings, at a 12x price-to-FRE, the stock valuation looks too attractive to ignore.
Patria Investments' Q3: Strong Fundraising And Attractive Valuation
Neutral
Seeking Alpha
4 weeks ago
Patria Investments Limited (PAX) Q3 2024 Earnings Call Transcript
Patria Investments Limited (NASDAQ:PAX ) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Rob Lee - Head, Shareholder Relations Alex Saigh - Chief Executive Officer Ana Russo - Chief Financial Officer Conference Call Participants Craig Siegenthaler - Bank of America Beatriz de Abreu - Goldman Sachs Ricardo Buchpiguel - BTG Pactual Guilherme Grespan - JPMorgan William Barranjard - Itau BBA Operator Good day and thank you for standing by. Welcome to the Patria Third Quarter 2024 Earnings Conference Call.
Patria Investments Limited (PAX) Q3 2024 Earnings Call Transcript
Neutral
GlobeNewsWire
1 month ago
Patria Reports Third Quarter 2024 Earnings Results
GRAND CAYMAN, Cayman Islands, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the third quarter ended September 30, 2024. The full detailed presentation of Patria's third quarter 2024 results can be accessed on the Shareholders section of Patria's website at https://ir.patria.com/.
Patria Reports Third Quarter 2024 Earnings Results
Positive
Seeking Alpha
1 month ago
A Rare Buying Opportunity: Big Market Disconnect In Alternative Asset Managers
There's a huge market disconnect going on in one of the hottest sectors right now. We discuss why one stock in that sector has massively lagged behind the other high fliers. We also discuss why we think this presents investors with a rare buying opportunity.
A Rare Buying Opportunity: Big Market Disconnect In Alternative Asset Managers
Positive
Seeking Alpha
1 month ago
Patria Investments: The Alternatives King Of Latin America
Alternative investment firms like Blackstone, Brookfield, Apollo, and KKR excel by managing third-party funds, creating billionaire founders. Patria Investments is emerging as a leader in South America, rapidly growing AUM through M&A and fundraising. Despite impressive growth, Patria's share price has declined since its 2021 IPO, which is unwarranted given its flourishing business.
Patria Investments: The Alternatives King Of Latin America
Neutral
GlobeNewsWire
1 month ago
Patria Announces Third Quarter 2024 Investor Call
GRAND CAYMAN, Cayman Islands, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) announced today that it will release financial results for the third quarter 2024 on Tuesday, November 5, 2024, and host a conference call via public webcast at 9:00 a.m. ET.
Patria Announces Third Quarter 2024 Investor Call
Positive
Seeking Alpha
3 months ago
The More It Drops, The More I Buy
A sector of the market has pulled back meaningfully over the past three months. However, it offers very attractive dividends and has a very bullish long-term outlook, backed by numerous macro trends. I share some of my top picks in the sector right now.
The More It Drops, The More I Buy
Positive
Seeking Alpha
3 months ago
Billionaire Investors Are Buying Alternatives Hand-Over-Fist
Prominent billionaire investors are investing heavily in alternatives. We discuss why this is. We share some of our top picks of the moment.
Billionaire Investors Are Buying Alternatives Hand-Over-Fist
Negative
Seeking Alpha
3 months ago
My Top Picks Are Underperforming! What Am I Doing?
The market has been very volatile in recent weeks. Some of my top picks have dropped quite a bit as a result. I give updates on two of my largest investments right now.
My Top Picks Are Underperforming! What Am I Doing?
Charts implemented using Lightweight Charts™