Quantbot Technologies LP Increases Stake in DLocal Limited $DLO

Quantbot Technologies LP increased its position in shares of DLocal Limited (NASDAQ:DLOFree Report) by 919.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 228,439 shares of the company’s stock after purchasing an additional 206,032 shares during the period. Quantbot Technologies LP’s holdings in DLocal were worth $3,262,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Global Retirement Partners LLC acquired a new stake in shares of DLocal in the third quarter valued at about $29,000. Jones Financial Companies Lllp raised its position in shares of DLocal by 221.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,816 shares of the company’s stock worth $70,000 after purchasing an additional 3,316 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of DLocal by 17.1% in the second quarter. Osaic Holdings Inc. now owns 9,108 shares of the company’s stock valued at $103,000 after acquiring an additional 1,329 shares in the last quarter. Boothbay Fund Management LLC purchased a new position in DLocal in the 2nd quarter valued at about $122,000. Finally, Man Group plc purchased a new position in shares of DLocal during the second quarter valued at approximately $130,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DLO. Weiss Ratings reiterated a “hold (c)” rating on shares of DLocal in a research report on Wednesday, January 21st. JPMorgan Chase & Co. reduced their target price on shares of DLocal from $18.50 to $18.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Truist Financial set a $17.00 price target on DLocal in a research report on Tuesday, January 20th. Wall Street Zen cut shares of DLocal from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Itau BBA Securities initiated coverage on DLocal in a research note on Wednesday, December 17th. They set an “outperform” rating and a $21.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $17.22.

View Our Latest Stock Analysis on DLO

DLocal Stock Performance

DLO opened at $12.54 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.01. DLocal Limited has a twelve month low of $7.61 and a twelve month high of $16.78. The business’s 50 day moving average is $13.61 and its 200-day moving average is $13.98. The stock has a market cap of $3.92 billion, a PE ratio of 22.39 and a beta of 1.14.

DLocal (NASDAQ:DLOGet Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.17 earnings per share (EPS) for the quarter. DLocal had a return on equity of 37.66% and a net margin of 17.80%.The company had revenue of $282.48 million during the quarter. On average, analysts predict that DLocal Limited will post 0.47 earnings per share for the current year.

DLocal Profile

(Free Report)

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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Institutional Ownership by Quarter for DLocal (NASDAQ:DLO)

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