Fox Run Management L.L.C. acquired a new stake in shares of DLocal Limited (NASDAQ:DLO - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 29,349 shares of the company's stock, valued at approximately $245,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DLO. Lane Generational LLC increased its position in DLocal by 27.5% during the 1st quarter. Lane Generational LLC now owns 525,530 shares of the company's stock valued at $4,383,000 after buying an additional 113,297 shares in the last quarter. J. Goldman & Co LP grew its stake in shares of DLocal by 175.5% during the fourth quarter. J. Goldman & Co LP now owns 1,351,181 shares of the company's stock worth $15,214,000 after acquiring an additional 860,681 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of DLocal by 603.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,053 shares of the company's stock valued at $34,000 after acquiring an additional 3,477 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in shares of DLocal in the 4th quarter valued at approximately $5,720,000. Finally, Virtu Financial LLC boosted its stake in DLocal by 203.9% in the 1st quarter. Virtu Financial LLC now owns 38,267 shares of the company's stock worth $319,000 after purchasing an additional 25,676 shares in the last quarter. 90.13% of the stock is currently owned by hedge funds and other institutional investors.
DLocal Stock Down 3.7%
NASDAQ:DLO opened at $14.22 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.46 and a quick ratio of 1.46. The company's fifty day moving average price is $11.25 and its 200-day moving average price is $10.56. DLocal Limited has a 1-year low of $7.61 and a 1-year high of $16.44. The firm has a market capitalization of $4.06 billion, a P/E ratio of 29.63 and a beta of 1.10.
DLocal (NASDAQ:DLO - Get Free Report) last posted 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. The company had revenue of $256.50 million during the quarter, compared to the consensus estimate of $226.71 million. DLocal had a net margin of 16.90% and a return on equity of 36.85%. The firm's quarterly revenue was up 49.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.15 earnings per share. DLocal has set its FY 2025 guidance at EPS. As a group, equities research analysts anticipate 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. UBS Group reissued a "neutral" rating and set a $10.00 target price (up previously from $9.00) on shares of DLocal in a research report on Wednesday, July 30th. Citigroup began coverage on shares of DLocal in a report on Tuesday, May 27th. They set a "buy" rating and a $14.60 price objective on the stock. Truist Financial assumed coverage on DLocal in a research report on Monday, June 2nd. They issued a "hold" rating and a $12.00 target price on the stock. Hsbc Global Res upgraded DLocal to a "strong-buy" rating in a research note on Thursday, August 14th. Finally, Susquehanna lifted their price target on DLocal from $16.00 to $18.00 and gave the stock a "positive" rating in a research report on Thursday, May 15th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $13.51.
Read Our Latest Research Report on DLO
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.
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