Hussman Strategic Advisors Inc. Purchases Shares of 210,000 DLocal Limited $DLO

Key Points

• Hussman Strategic Advisors initiated a new position in DLocal by purchasing 210,000 shares (~$2.97M), making the stock about 0.7% of its portfolio and its 25th-largest holding.
• DLocal reported Q results with revenue of $337.9M (up 65.2% YoY) and EPS of $0.18, and announced a quarterly dividend of $0.1939 per share (annualized $0.78) with an ex-dividend/record date of May 27 and payment on June 10, implying a ~5.6% yield.
• Institutional ownership is high at ~90.1% with several funds (e.g., Paradice, JPMorgan) increasing stakes, and analysts have a consensus "Moderate Buy" rating with an average target price of $16.78 while the stock trades near $13.75.

Hussman Strategic Advisors Inc. purchased a new stake in DLocal Limited (NASDAQ:DLO - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 210,000 shares of the company's stock, valued at approximately $2,969,000. DLocal comprises about 0.7% of Hussman Strategic Advisors Inc.'s portfolio, making the stock its 25th largest position. Hussman Strategic Advisors Inc. owned 0.07% of DLocal at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of DLocal by 2,144.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 273,400 shares of the company's stock worth $3,904,000 after purchasing an additional 261,220 shares during the period. Schwartz Investment Counsel Inc. purchased a new stake in shares of DLocal during the 3rd quarter valued at about $2,959,000. Proem Advisors LLC raised its holdings 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 buying an additional 261,702 shares during the period. Paradice Investment Management LLC raised its holdings in shares of DLocal by 93.5% during the 4th quarter. Paradice Investment Management LLC now owns 1,943,360 shares of the company's stock valued at $27,479,000 after buying an additional 938,938 shares during the period. Finally, Quantbot Technologies LP raised its holdings in shares of DLocal by 919.5% during the 3rd quarter. Quantbot Technologies LP now owns 228,439 shares of the company's stock valued at $3,262,000 after buying an additional 206,032 shares during the period. 90.13% of the stock is currently owned by institutional investors and hedge funds.

DLocal Stock Down 0.9%

Shares of NASDAQ DLO opened at $13.75 on Friday. DLocal Limited has a fifty-two week low of $8.67 and a fifty-two week high of $16.78. The business has a 50 day moving average price of $12.69 and a two-hundred day moving average price of $13.50. The firm has a market cap of $4.06 billion, a PE ratio of 21.48 and a beta of 1.05.

DLocal (NASDAQ:DLO - Get Free Report) last issued its quarterly earnings data on Thursday, March 19th. The company reported $0.18 earnings per share for the quarter, meeting analysts' consensus estimates of $0.18. DLocal had a return on equity of 40.40% and a net margin of 18.00%.The firm had revenue of $337.89 million during the quarter, compared to analyst estimates of $294.29 million. During the same quarter last year, the firm earned $0.10 EPS. DLocal's quarterly revenue was up 65.2% on a year-over-year basis. On average, analysts anticipate that DLocal Limited will post 0.85 earnings per share for the current year.

DLocal Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be paid a dividend of $0.1939 per share. This represents a $0.78 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Wednesday, May 27th.

Analyst Ratings Changes

Several equities research analysts recently commented on DLO shares. Weiss Ratings reiterated a "hold (c)" rating on shares of DLocal in a report on Monday, April 20th. The Goldman Sachs Group reiterated a "buy" rating and set a $17.00 target price on shares of DLocal in a report on Thursday. Wall Street Zen downgraded DLocal from a "buy" rating to a "hold" rating in a report on Saturday. JPMorgan Chase & Co. dropped their target price on DLocal from $18.50 to $18.00 and set an "overweight" rating on the stock in a report on Monday, February 2nd. Finally, Truist Financial dropped their target price on DLocal from $17.00 to $15.00 and set a "buy" rating on the stock in a report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $16.78.

DLocal Company 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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