DLocal Limited (NASDAQ:DLO) Shares Purchased by Activest Wealth Management

Activest Wealth Management grew its position in shares of DLocal Limited (NASDAQ:DLO) by 265,600.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,657 shares of the company’s stock after acquiring an additional 2,656 shares during the quarter. Activest Wealth Management’s holdings in DLocal were worth $30,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of DLO. Baillie Gifford & Co. lifted its position in DLocal by 0.8% in the 3rd quarter. Baillie Gifford & Co. now owns 1,253,331 shares of the company’s stock valued at $10,027,000 after purchasing an additional 9,340 shares during the last quarter. State Street Corp raised its holdings in shares of DLocal by 1.4% during the third quarter. State Street Corp now owns 511,252 shares of the company’s stock valued at $4,090,000 after buying an additional 6,992 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of DLocal by 132.0% during the third quarter. JPMorgan Chase & Co. now owns 493,189 shares of the company’s stock worth $3,946,000 after buying an additional 280,607 shares during the period. PDT Partners LLC grew its holdings in DLocal by 1,430.1% in the 3rd quarter. PDT Partners LLC now owns 359,635 shares of the company’s stock worth $2,877,000 after buying an additional 336,131 shares in the last quarter. Finally, GSA Capital Partners LLP increased its position in DLocal by 180.8% in the 3rd quarter. GSA Capital Partners LLP now owns 271,983 shares of the company’s stock valued at $2,176,000 after acquiring an additional 175,116 shares during the period. Institutional investors own 90.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Barclays increased their price target on DLocal from $9.00 to $10.00 and gave the stock an “equal weight” rating in a research note on Friday, January 17th. Susquehanna increased their target price on shares of DLocal from $14.00 to $16.00 and gave the company a “positive” rating in a research report on Wednesday, January 29th. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, DLocal has an average rating of “Hold” and an average price target of $11.56.

DLocal Trading Down 3.7 %

Shares of DLocal stock opened at $12.75 on Monday. The business has a fifty day simple moving average of $11.87 and a 200-day simple moving average of $9.85. The firm has a market cap of $3.77 billion, a price-to-earnings ratio of 31.88, a price-to-earnings-growth ratio of 3.17 and a beta of 0.90. DLocal Limited has a fifty-two week low of $6.57 and a fifty-two week high of $18.27. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.01.

DLocal (NASDAQ:DLO) last posted its quarterly earnings data on Wednesday, November 13th. The company reported $0.09 earnings per share for the quarter, meeting the consensus estimate of $0.09. DLocal had a net margin of 16.35% and a return on equity of 32.59%. The company had revenue of $185.80 million during the quarter, compared to analyst estimates of $181.47 million. During the same quarter last year, the firm posted $0.16 EPS. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. On average, equities analysts forecast that DLocal Limited will post 0.47 EPS for the current fiscal year.

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.