Caption Management LLC Has $48,000 Stake in DLocal Limited (NASDAQ:DLO)

Caption Management LLC trimmed its position in DLocal Limited (NASDAQ:DLO - Free Report) by 95.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,249 shares of the company's stock after selling 98,251 shares during the quarter. Caption Management LLC's holdings in DLocal were worth $48,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of DLO. Azora Capital LP bought a new position in shares of DLocal in the fourth quarter valued at about $37,144,000. Canada Pension Plan Investment Board bought a new stake in shares of DLocal during the fourth quarter worth approximately $25,099,000. Baillie Gifford & Co. grew its position in shares of DLocal by 108.5% in the fourth quarter. Baillie Gifford & Co. now owns 2,613,514 shares of the company's stock valued at $29,428,000 after purchasing an additional 1,360,183 shares during the last quarter. BNP Paribas Financial Markets bought a new position in shares of DLocal during the fourth quarter worth approximately $5,720,000. Finally, Tikvah Management LLC lifted its holdings in DLocal by 115.6% during the 4th quarter. Tikvah Management LLC now owns 901,800 shares of the company's stock worth $10,154,000 after purchasing an additional 483,500 shares during the last quarter. 90.13% of the stock is owned by institutional investors.

DLocal Price Performance

NASDAQ:DLO traded up $0.21 during mid-day trading on Friday, reaching $9.21. The stock had a trading volume of 562,781 shares, compared to its average volume of 1,560,896. DLocal Limited has a 12 month low of $6.57 and a 12 month high of $14.26. The stock has a market capitalization of $2.63 billion, a PE ratio of 23.03, a P/E/G ratio of 3.09 and a beta of 0.97. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.54 and a quick ratio of 1.54. The stock has a 50-day simple moving average of $8.83 and a two-hundred day simple moving average of $10.49.

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

Wall Street Analysts Forecast Growth

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