Virtu Financial LLC Has $319,000 Stake in DLocal Limited $DLO

Key Points

• Virtu Financial LLC increased its holdings in DLocal Limited by 203.9%, acquiring an additional 25,676 shares, bringing their total to 38,267 shares valued at approximately $319,000.
• The company recently reported a quarterly earnings per share (EPS) of $0.14, exceeding analyst expectations, with revenue up 49.7% year-over-year to $256.5 million.
• Institutional investors own 90.13% of DLocal stock, indicating strong interest from large investors, and five analysts have rated the stock with a hold or buy rating.

Virtu Financial LLC raised its stake in DLocal Limited (NASDAQ:DLO - Free Report) by 203.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,267 shares of the company's stock after acquiring an additional 25,676 shares during the period. Virtu Financial LLC's holdings in DLocal were worth $319,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of DLO. Azora Capital LP bought a new position in DLocal in the fourth quarter valued at about $37,144,000. Canada Pension Plan Investment Board bought a new position in shares of DLocal during the 4th quarter valued at approximately $25,099,000. J. Goldman & Co LP grew its position in 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 acquiring an additional 860,681 shares during the last quarter. Balyasny Asset Management L.P. lifted 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 worth $11,125,000 after buying an additional 445,549 shares during the period. Finally, Lane Generational LLC boosted its stake in shares of DLocal by 27.5% during the first quarter. Lane Generational LLC now owns 525,530 shares of the company's stock valued at $4,383,000 after purchasing an additional 113,297 shares in the last quarter. 90.13% of the stock is owned by hedge funds and other institutional investors.

DLocal Stock Performance

Shares of DLO traded down $0.32 during mid-day trading on Tuesday, hitting $14.93. The stock had a trading volume of 1,353,929 shares, compared to its average volume of 1,350,593. DLocal Limited has a fifty-two week low of $7.61 and a fifty-two week high of $16.44. The company has a market cap of $4.26 billion, a PE ratio of 31.10 and a beta of 1.10. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.01. The company's fifty day simple moving average is $11.08 and its two-hundred day simple moving average is $10.51.

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

Analyst Ratings Changes

Several research analysts have recently issued reports on DLO shares. Morgan Stanley set a $15.00 price objective on DLocal in a research note on Thursday. HSBC upgraded DLocal from a "hold" rating to a "buy" rating and upped their target price for the company from $11.50 to $15.00 in a report on Thursday, August 14th. Hsbc Global Res raised shares of DLocal to a "strong-buy" rating in a research note on Thursday, August 14th. Truist Financial started coverage on DLocal in a research report on Monday, June 2nd. They issued a "hold" rating and a $12.00 price target on the stock. Finally, Susquehanna upped their price objective on shares of DLocal from $16.00 to $18.00 and gave the company a "positive" rating in a research note on Thursday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $13.51.

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.