Y Intercept Hong Kong Ltd acquired a new stake in shares of DLocal Limited (NASDAQ:DLO - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 26,614 shares of the company's stock, valued at approximately $300,000.
Other large investors have also recently made changes to their positions in the company. Baillie Gifford & Co. lifted its holdings in DLocal by 108.5% in the 4th quarter. Baillie Gifford & Co. now owns 2,613,514 shares of the company's stock worth $29,428,000 after purchasing an additional 1,360,183 shares in the last quarter. State Street Corp raised its holdings in shares of DLocal by 1.4% during the 3rd quarter. State Street Corp now owns 511,252 shares of the company's stock worth $4,090,000 after acquiring an additional 6,992 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of DLocal by 132.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 493,189 shares of the company's stock worth $3,946,000 after acquiring an additional 280,607 shares in the last quarter. PDT Partners LLC raised its holdings in shares of DLocal by 1,430.1% during the 3rd quarter. PDT Partners LLC now owns 359,635 shares of the company's stock worth $2,877,000 after acquiring an additional 336,131 shares in the last quarter. Finally, GSA Capital Partners LLP raised its holdings in shares of DLocal by 180.8% during the 3rd quarter. GSA Capital Partners LLP now owns 271,983 shares of the company's stock worth $2,176,000 after acquiring an additional 175,116 shares in the last quarter. 90.13% of the stock is owned by hedge funds and other institutional investors.
DLocal Stock Down 2.1 %
Shares of DLO stock traded down $0.19 during mid-day trading on Friday, hitting $9.06. The stock had a trading volume of 1,376,194 shares, compared to its average volume of 1,334,379. DLocal Limited has a 12-month low of $6.57 and a 12-month high of $18.27. The firm has a market capitalization of $2.68 billion, a P/E ratio of 22.65, a price-to-earnings-growth ratio of 3.09 and a beta of 0.96. The firm's 50-day moving average is $12.11 and its two-hundred day moving average is $10.43. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.54 and a quick ratio of 1.54.
DLocal (NASDAQ:DLO - Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.15 earnings per share for the quarter, hitting analysts' consensus estimates of $0.15. The firm had revenue of $204.49 million during the quarter, compared to analysts' expectations of $204.98 million. DLocal had a return on equity of 32.59% and a net margin of 16.35%. On average, analysts predict that DLocal Limited will post 0.47 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several brokerages have recently issued reports on DLO. JPMorgan Chase & Co. raised DLocal from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $14.00 to $18.00 in a report on Wednesday, February 26th. Morgan Stanley reissued an "equal weight" rating and set a $10.00 target price (down previously from $11.00) on shares of DLocal in a research report on Friday, February 28th. The Goldman Sachs Group upped their price objective on DLocal from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Thursday, February 13th. Susquehanna upped their price objective on DLocal from $14.00 to $16.00 and gave the company a "positive" rating in a research report on Wednesday, January 29th. Finally, Barclays cut their price objective on DLocal from $10.00 to $9.00 and set an "equal weight" rating on the stock in a research report on Monday, March 3rd. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $11.94.
View Our Latest Stock Analysis on DLO
DLocal 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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