Patria Investments LimitedNASDAQ: PAX

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 approximately US$ 800 million in assets under management across multiple strategies 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 approximately US$ 800 million in assets under management across multiple strategies

Patria is a well-respected global alternative asset manager in Latin America with $31.8 billion in assets under management, expected to increase to $50 billion by 2024. Despite tough economic conditions in the region, the company has achieved a 30% compound annual growth rate in assets under management. Patria's IRR performance has surpassed that of its international competitors.

Investors interested in Financial - Investment Management stocks may have come across Patria Investments (PAX) and TPG Inc. (TPG). The question is, which of these stocks is more appealing to value investors?

After losing some value lately, a hammer chart pattern has been formed for Patria Investments (PAX), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The heavy selling pressure might have exhausted for Patria Investments (PAX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Patria Investments Limited provides access to alternative investment opportunities in Latin America. The company's financial trends have been positive, with rising revenue and operating income. The management sees a favorable political and macroeconomic backdrop for its investing activities, but I have concerns about its ability to harvest gains in a slowing global macroeconomic environment.

Patria Investments Limited (NASDAQ:PAX ) Q2 2023 Earnings Conference Call August 3, 2023 9:30 AM ET Company Participants Josh Wood - Head of Shareholder Relations Alex Saigh - Chief Executive Officer Marco D'Ippolito - Chief Corporate Development Officer Ana Russo - Chief Financial Officer Luis Fernando Lopes - Chief Economist Conference Call Participants Craig Siegenthaler - Bank of America. Tito Labarta - Goldman Sachs Ricardo Buchpiguel - BTG Pactual Yuri Fernandes - JPMorgan William Barranjard - Itau BBA Operator Good day, and thank you for standing by.

The value trade is underperforming growth by 22 percentage points in 2023, with AI boom overshadowing rising interest rates. Patria Investments holds a mixed risk position in the Financials sector, with a high 7.1% dividend yield and a high 24.3 trailing 12-month GAAP price-to-earnings ratio. The stock is fairly valued with a hold rating, making it suitable for income investors but should be kept as a small portfolio position.