Fox Run Management L.L.C. Buys Shares of 29,349 DLocal Limited $DLO

Key Points

• Fox Run Management L.L.C. invested approximately $245,000 in DLocal Limited (NASDAQ: DLO), acquiring 29,349 shares of the company's stock in the first quarter.
• DLocal reported $256.50 million in revenue for the last quarter, significantly surpassing analysts' expectations, alongside earnings per share of $0.14.
• Despite recent positive earnings, DLocal's stock is down 3.7% and currently trades around $14.22, having a market capitalization of $4.06 billion.

Fox Run Management L.L.C. purchased a new position in shares of DLocal Limited (NASDAQ:DLO - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 29,349 shares of the company's stock, valued at approximately $245,000.

Several other large investors also recently made changes to their positions in DLO. Azora Capital LP acquired a new stake in shares of DLocal in the 4th quarter valued at approximately $37,144,000. J. Goldman & Co LP boosted its holdings in shares of DLocal by 175.5% in the 4th quarter. J. Goldman & Co LP now owns 1,351,181 shares of the company's stock valued at $15,214,000 after buying an additional 860,681 shares during the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of DLocal in the 4th quarter valued at approximately $5,720,000. Balyasny Asset Management L.P. boosted its holdings in shares of DLocal by 82.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 987,978 shares of the company's stock valued at $11,125,000 after buying an additional 445,549 shares during the last quarter. Finally, Northern Trust Corp acquired a new stake in shares of DLocal in the 4th quarter valued at approximately $1,401,000. Institutional investors and hedge funds own 90.13% of the company's stock.

DLocal Price Performance

DLocal stock traded down $0.04 during midday trading on Tuesday, reaching $14.61. The company's stock had a trading volume of 1,513,062 shares, compared to its average volume of 3,129,883. DLocal Limited has a 52 week low of $7.61 and a 52 week high of $16.44. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average price of $11.60 and a 200-day moving average price of $10.59. The stock has a market cap of $4.17 billion, a PE ratio of 30.44 and a beta of 1.10.

DLocal (NASDAQ:DLO - Get Free Report) last released its earnings results on Wednesday, August 13th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.01. DLocal had a return on equity of 36.85% and a net margin of 16.90%.The firm had revenue of $256.50 million for the quarter, compared to analysts' expectations of $226.71 million. During the same quarter in the previous year, the business posted $0.15 earnings per share. The business's revenue for the quarter was up 49.7% on a year-over-year basis. DLocal has set its FY 2025 guidance at EPS. On average, sell-side analysts predict that DLocal Limited will post 0.47 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Citigroup assumed coverage on DLocal in a report on Tuesday, May 27th. They issued a "buy" rating and a $14.60 price objective for the company. Truist Financial raised their price target on DLocal from $12.00 to $14.00 and gave the company a "hold" rating in a report on Friday. UBS Group reaffirmed a "neutral" rating and set a $10.00 price target (up previously from $9.00) on shares of DLocal in a report on Wednesday, July 30th. HSBC raised DLocal from a "hold" rating to a "buy" rating and raised their price target for the company from $11.50 to $15.00 in a report on Thursday, August 14th. Finally, Hsbc Global Res raised DLocal from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, DLocal has a consensus rating of "Moderate Buy" and a consensus target price of $13.73.

About DLocal

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.