Bayesian Capital Management LP decreased its holdings in shares of DLocal Limited (NASDAQ:DLO - Free Report) by 64.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 38,400 shares of the company's stock after selling 68,500 shares during the period. Bayesian Capital Management LP's holdings in DLocal were worth $432,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in DLO. Mariner LLC increased its holdings in DLocal by 6.0% during the 4th quarter. Mariner LLC now owns 24,257 shares of the company's stock worth $273,000 after purchasing an additional 1,365 shares in the last quarter. Lane Generational LLC increased its holdings in DLocal by 0.4% during the 4th quarter. Lane Generational LLC now owns 412,233 shares of the company's stock worth $4,642,000 after purchasing an additional 1,717 shares in the last quarter. Wells Fargo & Company MN increased its holdings in DLocal by 398.4% during the 4th quarter. Wells Fargo & Company MN now owns 2,248 shares of the company's stock worth $25,000 after purchasing 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 purchasing an additional 2,656 shares in the last quarter. Finally, Parvin Asset Management LLC bought a new position in shares of DLocal in the 4th quarter valued at about $55,000. Institutional investors own 90.13% of the company's stock.
DLocal Stock Performance
DLocal stock traded up $0.33 during midday trading on Monday, reaching $9.54. 214,777 shares of the company's stock were exchanged, compared to its average volume of 1,555,572. DLocal Limited has a 52 week low of $6.57 and a 52 week high of $14.26. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.54 and a current ratio of 1.54. The firm has a market cap of $2.72 billion, a price-to-earnings ratio of 23.86, a P/E/G ratio of 3.09 and a beta of 0.97. The stock's 50-day simple moving average is $8.83 and its 200 day simple moving average is $10.50.
DLocal (NASDAQ:DLO - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.15 EPS for the quarter, hitting analysts' consensus estimates of $0.15. DLocal had a return on equity of 32.59% and a net margin of 16.35%. The business had revenue of $204.49 million during the quarter, compared to analysts' expectations of $204.98 million. On average, analysts expect that DLocal Limited will post 0.47 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on DLO shares. The Goldman Sachs Group raised their price objective on DLocal from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Thursday, February 13th. Barclays decreased their price objective on DLocal from $10.00 to $9.00 and set an "equal weight" rating for the company in a report on Monday, March 3rd. Susquehanna raised their price objective on DLocal from $14.00 to $16.00 and gave the company a "positive" rating in a report on Wednesday, January 29th. JPMorgan Chase & Co. upgraded shares of DLocal from a "neutral" rating to an "overweight" rating and increased their price target for the company from $14.00 to $18.00 in a research note on Wednesday, February 26th. Finally, Morgan Stanley reiterated 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. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, DLocal presently has a consensus rating of "Hold" and a consensus price target of $11.31.
Check Out Our Latest Research Report on DLocal
DLocal Company Profile
(
Free Report)
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.
See Also
Before you consider DLocal, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DLocal wasn't on the list.
While DLocal currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
