DLocal Limited $DLO is Fourth Sail Capital LP’s 9th Largest Position

Fourth Sail Capital LP increased its holdings in DLocal Limited (NASDAQ:DLOFree Report) by 54.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,823,873 shares of the company’s stock after acquiring an additional 645,873 shares during the period. DLocal makes up about 4.1% of Fourth Sail Capital LP’s holdings, making the stock its 9th largest holding. Fourth Sail Capital LP’s holdings in DLocal were worth $25,790,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in DLO. IFP Advisors Inc acquired a new position in DLocal during the third quarter worth $26,000. Jones Financial Companies Lllp boosted its position in shares of DLocal by 221.1% during the third quarter. Jones Financial Companies Lllp now owns 4,816 shares of the company’s stock worth $70,000 after buying an additional 3,316 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of DLocal during the fourth quarter worth $95,000. Osaic Holdings Inc. boosted its position in shares of DLocal by 17.1% during the second quarter. Osaic Holdings Inc. now owns 9,108 shares of the company’s stock worth $103,000 after buying an additional 1,329 shares during the period. Finally, Advisory Services Network LLC purchased a new position in shares of DLocal during the third quarter worth $103,000. 90.13% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DLO has been the subject of several research analyst reports. Truist Financial lowered their price target on DLocal from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Weiss Ratings restated a “hold (c)” rating on shares of DLocal in a research report on Monday, April 20th. Wall Street Zen lowered DLocal from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $17.00 price target on shares of DLocal in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, DLocal has a consensus rating of “Moderate Buy” and an average price target of $16.63.

Get Our Latest Research Report on DLO

DLocal Stock Down 0.7%

DLO opened at $12.25 on Friday. DLocal Limited has a 52 week low of $9.75 and a 52 week high of $16.78. The business has a fifty day simple moving average of $12.66 and a 200-day simple moving average of $13.05. The firm has a market cap of $3.61 billion, a P/E ratio of 19.44 and a beta of 0.99.

DLocal (NASDAQ:DLOGet Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.01. The business had revenue of $335.86 million for the quarter, compared to analysts’ expectations of $331.20 million. DLocal had a return on equity of 41.22% and a net margin of 15.85%.The company’s revenue for the quarter was up 54.9% compared to the same quarter last year. During the same period last year, the firm earned $0.15 earnings per share. Sell-side analysts expect that DLocal Limited will post 0.81 earnings per share for the current year.

DLocal Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th were paid a $0.1939 dividend. This represents a $0.78 annualized dividend and a dividend yield of 6.3%. The ex-dividend date was Wednesday, May 27th. DLocal’s dividend payout ratio (DPR) is presently 125.40%.

Insider Activity

In related news, Director William Rodney Pruett acquired 20,000 shares of DLocal stock in a transaction dated Friday, May 29th. The shares were acquired at an average cost of $11.85 per share, for a total transaction of $237,000.00. Following the completion of the purchase, the director owned 108,043 shares in the company, valued at approximately $1,280,309.55. The trade was a 22.72% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 45.44% of the company’s stock.

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.

Featured Articles

Want to see what other hedge funds are holding DLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DLocal Limited (NASDAQ:DLOFree Report).

Institutional Ownership by Quarter for DLocal (NASDAQ:DLO)

Receive News & Ratings for DLocal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DLocal and related companies with MarketBeat.com's FREE daily email newsletter.