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Patria Investments(PAX) soars 2.29% on dividend announcement

Mover TrackerTuesday, May 13, 2025 6:59 pm ET

2min read

Patria Investments(PAX) shares surged 2.29% today, marking the seventh consecutive day of gains, with a cumulative increase of 18.67% over the past week. The stock price reached its highest level since February 2025, with an intraday gain of 3.02%.

The strategy of buying PAX shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The annualized return was 8.33%, slightly underperforming the market by 1.67 percentage points. With a final value of $1,225.30 for a $1,000 investment, the strategy showed that compounded returns, although respectable, can be improved by optimizing selection criteria or extending the holding period.

Patria Investments Limited - Class A shares will trade ex-dividend on May 14, 2025, for its quarterly dividend of $0.15, payable on June 12, 2025. This dividend announcement is likely to attract income-focused investors, contributing to the recent upward trend in the stock price.

Patria Investments received a "Strong Buy" rating, aligning with the analyst consensus. This positive rating reflects the company's strong financial performance and growth prospects, which could further boost investor confidence and drive the stock price higher.

Patria reported its first-quarter 2025 earnings results on May 2, 2025, and provided guidance indicating an expected 15% annual growth in FRE per share over the next three years. This optimistic outlook suggests that the company is well-positioned for future growth, which could attract long-term investors and support the stock price.

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