Ghisallo Capital Management LLC Acquires New Position in DLocal Limited $DLO

Key Points

• Ghisallo Capital Management LLC established a new position in DLocal, purchasing 250,000 shares in Q3 valued at about $3.57 million, and institutional investors now own roughly 90.13% of the company.
• Analysts have a consensus rating of “Moderate Buy” with a consensus price target of $17.22, while recent notes range from Itau BBA’s $21 outperform to JPMorgan lowering its target to $18.
• DLocal shares opened at $11.34 in the latest session, with a market cap of $3.54 billion, a P/E of 20.25, and a 52-week range of $7.61 to $16.78.

Ghisallo Capital Management LLC bought a new position in DLocal Limited (NASDAQ:DLO - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 250,000 shares of the company's stock, valued at approximately $3,570,000. Ghisallo Capital Management LLC owned approximately 0.08% of DLocal at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Marshall Wace LLP boosted its position in shares of DLocal by 14.8% in the third quarter. Marshall Wace LLP now owns 3,080,054 shares of the company's stock worth $43,983,000 after purchasing an additional 396,066 shares during the period. Paradice Investment Management LLC purchased a new stake in shares of DLocal in the third quarter worth $14,343,000. Goldman Sachs Group Inc. raised its position in shares of DLocal by 4.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 575,111 shares of the company's stock valued at $4,796,000 after purchasing an additional 22,803 shares during the period. Proem Advisors LLC raised its position in shares of DLocal by 83.5% during the 3rd quarter. Proem Advisors LLC now owns 575,000 shares of the company's stock valued at $8,211,000 after purchasing an additional 261,702 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of DLocal by 6.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 563,990 shares of the company's stock valued at $6,396,000 after buying an additional 36,319 shares in the last quarter. Institutional investors own 90.13% of the company's stock.

Analysts Set New Price Targets

DLO has been the subject of several recent analyst reports. Itau BBA Securities initiated coverage on shares of DLocal in a report on Wednesday, December 17th. They issued an "outperform" rating and a $21.00 target price for the company. JPMorgan Chase & Co. decreased their target price on DLocal from $18.50 to $18.00 and set an "overweight" rating on the stock in a research note on Monday, February 2nd. Truist Financial set a $17.00 price objective on shares of DLocal in a report on Tuesday, January 20th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of DLocal in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.22.

DLocal Price Performance

Shares of DLocal stock opened at $11.34 on Friday. The stock has a market cap of $3.54 billion, a price-to-earnings ratio of 20.25 and a beta of 1.14. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.46 and a current ratio of 1.46. The stock has a 50 day moving average price of $13.18 and a 200-day moving average price of $13.81. DLocal Limited has a one year low of $7.61 and a one year high of $16.78.

DLocal Profile

dLocal is a fintech company specializing in cross-border payments and payouts for global merchants operating in emerging markets. Headquartered in Montevideo, Uruguay, the company offers a technology platform that simplifies complex payment flows, enabling businesses to connect with local payment methods through a single integration.

The dLocal platform supports a wide range of local payment options, including credit and debit cards, bank transfers, e-wallets and cash-based methods. It incorporates risk-management tools, compliance services and anti-fraud solutions to help clients navigate regulatory requirements and minimize payment failures across diverse jurisdictions.

dLocal serves merchants in sectors such as e-commerce, online marketplaces, digital content and gig economy platforms.

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