DLocal Target of Unusually Large Options Trading (NASDAQ:DLO)

DLocal Limited (NASDAQ:DLO) was the recipient of unusually large options trading on Monday. Stock investors acquired 6,191 call options on the stock. This is an increase of 89% compared to the typical volume of 3,269 call options.

DLocal Stock Up 4.6%

NASDAQ:DLO opened at $11.52 on Tuesday. The company has a market capitalization of $3.40 billion, a PE ratio of 18.29 and a beta of 1.04. DLocal has a 52-week low of $9.75 and a 52-week high of $16.78. The stock has a fifty day simple moving average of $12.78 and a 200-day simple moving average of $13.31.

DLocal (NASDAQ:DLO) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.01. The business had revenue of $335.86 million during the quarter, compared to the consensus estimate of $331.20 million. DLocal had a return on equity of 41.22% and a net margin of 15.85%.The business’s revenue was up 54.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.15 EPS. As a group, equities analysts anticipate that DLocal will post 0.85 earnings per share for the current year.

DLocal Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be given a dividend of $0.1939 per share. This represents a $0.78 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Wednesday, May 27th. DLocal’s dividend payout ratio (DPR) is currently 122.22%.

Institutional Trading of DLocal

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cria Inc. purchased a new stake in DLocal during the 4th quarter worth about $56,560,000. Atmos Capital Gestao DE Recursos LTDA. purchased a new stake in DLocal in the 4th quarter valued at about $54,128,000. Marshall Wace LLP grew its holdings in DLocal by 18.9% in the 4th quarter. Marshall Wace LLP now owns 3,662,772 shares of the company’s stock valued at $51,792,000 after buying an additional 582,718 shares during the period. Baillie Gifford & Co. grew its holdings in DLocal by 12.2% in the 4th quarter. Baillie Gifford & Co. now owns 2,996,660 shares of the company’s stock valued at $42,373,000 after buying an additional 326,537 shares during the period. Finally, Paradice Investment Management LLC grew its holdings in DLocal by 93.5% in the 4th quarter. Paradice Investment Management LLC now owns 1,943,360 shares of the company’s stock valued at $27,479,000 after buying an additional 938,938 shares during the period. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on DLO. Wall Street Zen downgraded DLocal from a “buy” rating to a “hold” rating in a report on Monday. The Goldman Sachs Group reaffirmed a “buy” rating and set a $17.00 price target on shares of DLocal in a report on Thursday, April 30th. JPMorgan Chase & Co. decreased their price target on DLocal from $18.50 to $18.00 and set an “overweight” rating for the company in a report on Monday, February 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of DLocal in a report on Monday, April 20th. Finally, Truist Financial reduced their target price on DLocal from $17.00 to $15.00 and set a “buy” rating for the company in a report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $16.63.

About DLocal

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.