3,298,717 Shares in DLocal Limited (NASDAQ:DLO) Bought by Azora Capital LP

Azora Capital LP bought a new stake in shares of DLocal Limited (NASDAQ:DLO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,298,717 shares of the company's stock, valued at approximately $37,144,000. DLocal comprises about 1.7% of Azora Capital LP's holdings, making the stock its 22nd largest position. Azora Capital LP owned about 1.11% of DLocal at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Mariner LLC grew its stake in DLocal by 6.0% in the 4th quarter. Mariner LLC now owns 24,257 shares of the company's stock valued at $273,000 after buying an additional 1,365 shares in the last quarter. Lane Generational LLC lifted its holdings in shares of DLocal by 0.4% in the fourth quarter. Lane Generational LLC now owns 412,233 shares of the company's stock worth $4,642,000 after buying an additional 1,717 shares in the last quarter. Wells Fargo & Company MN grew its stake in DLocal by 398.4% during the fourth quarter. Wells Fargo & Company MN now owns 2,248 shares of the company's stock valued at $25,000 after acquiring an additional 1,797 shares in the last quarter. Activest Wealth Management increased its holdings in DLocal by 265,600.0% during the 4th quarter. Activest Wealth Management now owns 2,657 shares of the company's stock worth $30,000 after acquiring an additional 2,656 shares during the period. Finally, Parvin Asset Management LLC purchased a new stake in DLocal in the 4th quarter worth approximately $55,000. Institutional investors own 90.13% of the company's stock.

DLocal Trading Down 0.6 %

Shares of DLO traded down $0.06 during trading hours on Tuesday, hitting $8.79. The company had a trading volume of 644,633 shares, compared to its average volume of 1,564,616. The firm has a market cap of $2.51 billion, a P/E ratio of 21.96, a P/E/G ratio of 3.09 and a beta of 0.97. DLocal Limited has a 52-week low of $6.57 and a 52-week high of $14.26. The stock's 50 day moving average price is $8.86 and its 200 day moving average price is $10.48. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.01.

DLocal (NASDAQ:DLO - Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15. The firm had revenue of $204.49 million for the quarter, compared to analysts' expectations of $204.98 million. DLocal had a net margin of 16.35% and a return on equity of 32.59%. On average, research analysts predict that DLocal Limited will post 0.47 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on DLO shares. JPMorgan Chase & Co. raised DLocal from a "neutral" rating to an "overweight" rating and raised their price target for the company from $14.00 to $18.00 in a report on Wednesday, February 26th. Morgan Stanley reissued an "equal weight" rating and issued a $10.00 price target (down previously from $11.00) on shares of DLocal in a research note on Friday, February 28th. The Goldman Sachs Group lifted their price objective on shares of DLocal from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Thursday, February 13th. Susquehanna increased their target price on DLocal from $14.00 to $16.00 and gave the company a "positive" rating in a research note on Wednesday, January 29th. Finally, Barclays dropped their price target on DLocal from $10.00 to $9.00 and set an "equal weight" rating for the company in a research note on Monday, March 3rd. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $11.31.

DLocal Profile

DLocal Limited operates a payment processing platform worldwide. The company offers pay-in solution which the business and get paid for their products and services through various payment methods, including international and local cards, online bank transfers and direct debit, cash, and alternative payment methods.