Patriot Transportation Holding, Inc. is engaged in the transportation business. The Company’s transportation business is conducted through Florida Rock & Tank Lines, Inc. which is a Southeastern transportation company engaged in the hauling of liquid and dry bulk commodities.
Company profile
Ticker
PATI
Exchange
Website
CEO
Robert E. Sandlin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
New Patriot Transportation Holding, Inc.
SEC CIK
PATI stock data
Latest filings (excl ownership)
10-Q
2023 Q1
Quarterly report
14 Feb 23
8-K
Submission of Matters to a Vote of Security Holders
3 Feb 23
8-K
Patriot Transportation Holding, Inc. Announces Results for The First Quarter of Fiscal Year 2023
2 Feb 23
8-K
Departure of Directors or Certain Officers
9 Dec 22
DEF 14A
Definitive proxy
9 Dec 22
10-K
2022 FY
Annual report
9 Dec 22
8-K
Patriot Transportation Holding, Inc. Announces Results for The Fourth Quarter and Fiscal Year 2022
6 Dec 22
10-Q
2022 Q3
Quarterly report
8 Aug 22
8-K
Patriot Transportation Holding, Inc. Announces Results for The Third Quarter and Fiscal Year 2022
3 Aug 22
8-K
Departure of Directors or Certain Officers
16 May 22
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Sep 22 | Sep 21 | Sep 20 | Sep 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 7.81 mm | 7.81 mm | 7.81 mm | 7.81 mm | 7.81 mm | 7.81 mm |
| Cash burn (monthly) | 164.67 k | 74.33 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 440.08 k | 198.66 k | n/a | n/a | n/a | n/a |
| Cash remaining | 7.37 mm | 7.61 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 44.7 | 102.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
10.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 27 |
| Opened positions | 25 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 788.72 mm |
| Total shares | 1.79 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Hyman Charles D | 348.00 k | $2.74 mm |
| Cynthia P. Ogden, as trustee for separate Trust for Sarah B. Porter created under Cynthia L'Engle Baker Trust U/A/D April 30, 1965 | 304.49 k | $2.67 mm |
| CLB 1965 | 304.49 k | $0.00 |
| Minerva Advisors | 246.58 k | $1.94 mm |
| Oppenheimer & Close | 123.99 k | $974.00 k |
| Dimensional Fund Advisors | 101.98 k | $801.00 k |
| Estabrook Capital Management | 98.92 k | $777.54 mm |
| Royce & Associates | 55.76 k | $438.00 k |
| BLK Blackrock | 42.96 k | $337.00 k |
| Bridgeway Capital Management | 34.87 k | $274.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Mar 23 | Baker John D Ii | Common Stock | Buy | Acquire P | Yes | Yes | 7.7 | 31 | 238.70 | 155,983 |
| 15 Mar 23 | Baker John D Ii | Common Stock | Buy | Acquire P | Yes | Yes | 7.75 | 100 | 775.00 | 155,952 |
| 13 Mar 23 | Baker John D Ii | Common Stock | Buy | Acquire P | Yes | Yes | 7.97 | 17 | 135.49 | 155,852 |
| 10 Mar 23 | Baker John D Ii | Common Stock | Buy | Acquire P | Yes | Yes | 8.28 | 715 | 5.92 k | 155,835 |
| 9 Mar 23 | Baker John D Ii | Common Stock | Buy | Acquire P | Yes | Yes | 8.12 | 203 | 1.65 k | 155,120 |
| 8 Mar 23 | Baker John D Ii | Common Stock | Buy | Acquire P | Yes | Yes | 8.06 | 7 | 56.42 | 154,917 |
| 7 Mar 23 | Baker John D Ii | Common Stock | Buy | Acquire P | Yes | Yes | 8.23 | 715 | 5.88 k | 154,910 |
| 6 Mar 23 | Baker John D Ii | Common Stock | Buy | Acquire P | Yes | Yes | 8.01 | 715 | 5.73 k | 154,195 |
| 3 Mar 23 | Baker John D Ii | Common Stock | Buy | Acquire P | Yes | Yes | 7.82 | 2 | 15.64 | 153,480 |