Nexus Capital is a real estate asset manager in Colombia. Once closed, the transaction is projected to add approximately $800 million to Patria's Fee Earning AUM, including over $680 million in Permanent Capital vehicles, and be immediately accretive to Patria's Fee Related and Distributable Earnings.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/7/2022 | $17.00 | Neutral | BofA Securities |
| 12/14/2021 | $29.00 → $25.00 | Buy | Goldman Sachs |
| 7/20/2021 | $32.00 | Outperform | Credit Suisse |
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. To register, please use the following link: https://edge.media-server.com/mmc/p/emuekpt7 For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of Patria's website at https://ir.patria.com/. Patria distributes its earnings releases via its website and email lists. Those interested in firm updates can sign up to receive Patria press releases via email at https://ir.patria.com/ir-r
GRAND CAYMAN, Cayman Islands, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Patria (NASDAQ:PAX) reported today its unaudited results for the second quarter ended June 30, 2024. The full detailed presentation of Patria's second quarter 2024 results can be accessed on the Shareholders section of Patria's website at https://ir.patria.com/. Alex Saigh, Patria's CEO, said: "The 2nd quarter of 2024 was a very busy quarter as we continued to make solid progress towards our near and long-term goals. Fee Related Earnings reached $40 million dollars, representing a 17% increase from 2Q23. We delivered close to $34 million dollars of Distributable Earnings, or 22 cents per share. We continued to grow and diver
Transaction advances Patria's efforts to consolidate the region's fragmented Real Estate market by adding a diversified and well-established platform in Colombia with over COP 3,000 billion (or approximately US$ 725 million) in assets under management across multiple strategies GRAND CAYMAN, Cayman Islands, July 16, 2024 (GLOBE NEWSWIRE) -- Patria Investments Limited ("Patria") (NASDAQ:PAX), a global alternative asset manager and market leader in Latin America, confirmed today that it has completed the previously announced agreement to acquire Nexus Capital ("Nexus"), one of the top independent alternative real estate asset managers in Colombia, with over COP 3,000 billion (or approxima
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. To register, please use the following link: https://edge.media-server.com/mmc/p/emuekpt7 For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of Patria's website at https://ir.patria.com/. Patria distributes its earnings releases via its website and email lists. Those interested in firm updates can sign up to receive Patria press releases via email at https://ir.patria.com/ir-r
GRAND CAYMAN, Cayman Islands, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Patria (NASDAQ:PAX) reported today its unaudited results for the second quarter ended June 30, 2024. The full detailed presentation of Patria's second quarter 2024 results can be accessed on the Shareholders section of Patria's website at https://ir.patria.com/. Alex Saigh, Patria's CEO, said: "The 2nd quarter of 2024 was a very busy quarter as we continued to make solid progress towards our near and long-term goals. Fee Related Earnings reached $40 million dollars, representing a 17% increase from 2Q23. We delivered close to $34 million dollars of Distributable Earnings, or 22 cents per share. We continued to grow and diver
GRAND CAYMAN, Cayman Islands, July 15, 2024 (GLOBE NEWSWIRE) -- Patria (NASDAQ:PAX) announced today that it will release financial results for the second quarter 2024 on Thursday, August 1, 2024, and host a conference call via public webcast at 9:00 a.m. ET. To register, please use the following link: https://edge.media-server.com/mmc/p/7j8v48dx/ For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of Patria's website at https://ir.patria.com/. Patria distributes its earnings releases via its website and email lists. Those interested in firm updates can sign up to receive Patria press releases via email at https://ir.patria.com/ir-
BofA Securities resumed coverage of Patria Investments with a rating of Neutral and set a new price target of $17.00
Goldman Sachs reiterated coverage of Patria Investments with a rating of Buy and set a new price target of $25.00 from $29.00 previously
Credit Suisse resumed coverage of Patria Investments with a rating of Outperform and set a new price target of $32.00
20-F/A - Patria Investments Ltd (0001825570) (Filer)
424B3 - Patria Investments Ltd (0001825570) (Filer)
6-K - Patria Investments Ltd (0001825570) (Filer)
Nexus Capital is a real estate asset manager in Colombia. Once closed, the transaction is projected to add approximately $800 million to Patria's Fee Earning AUM, including over $680 million in Permanent Capital vehicles, and be immediately accretive to Patria's Fee Related and Distributable Earnings.
Patria Investments (NASDAQ:PAX) reported quarterly earnings of $0.21 per share which missed the analyst consensus estimate of $0.30 by 30 percent. This is a 22.22 percent decrease over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $62.900 million which missed the analyst consensus estimate of $68.456 million by 8.12 percent. This is a 13.36 percent decrease over sales of $72.600 million the same period last year.
Tuesday marks the last chance for investors to receive the next dividend payout from Patria Investments (NASDAQ:PAX). What's Happening The company announced on Wednesday that it would pay shareholders a quarterly dividend of 39.9 cents per share. On Wednesday, Patria Investments will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 39.9 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own PAX as of the end of Tuesday's session are eligible to receive the 39
SC 13G - Patria Investments Ltd (0001825570) (Subject)
SC 13G - Patria Investments Ltd (0001825570) (Filed by)
SC 13G/A - Patria Investments Ltd (0001825570) (Subject)