Proem Advisors LLC Has $8.21 Million Stock Position in DLocal Limited $DLO

Proem Advisors LLC raised its stake in shares of DLocal Limited (NASDAQ:DLO) by 83.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 575,000 shares of the company’s stock after buying an additional 261,702 shares during the period. DLocal accounts for approximately 0.9% of Proem Advisors LLC’s portfolio, making the stock its 15th biggest holding. Proem Advisors LLC owned 0.18% of DLocal worth $8,211,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Paradice Investment Management LLC acquired a new stake in DLocal in the 3rd quarter worth $14,343,000. Schwartz Investment Counsel Inc. bought a new position in shares of DLocal during the third quarter valued at $2,959,000. Fourth Sail Capital LP boosted its position in DLocal by 33.7% in the second quarter. Fourth Sail Capital LP now owns 1,546,639 shares of the company’s stock valued at $17,539,000 after buying an additional 390,270 shares in the last quarter. Jefferies Financial Group Inc. bought a new stake in DLocal during the 2nd quarter worth approximately $1,561,000. Finally, Marshall Wace LLP increased its stake in shares of DLocal by 64.0% in the second quarter. Marshall Wace LLP now owns 2,683,988 shares of the company’s stock valued at $30,436,000 after buying an additional 1,047,692 shares in the last quarter. 90.13% of the stock is currently owned by institutional investors and hedge funds.

DLocal Trading Up 3.1%

Shares of NASDAQ:DLO opened at $13.93 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.46 and a quick ratio of 1.46. DLocal Limited has a 1 year low of $7.61 and a 1 year high of $16.78. The company has a market capitalization of $4.35 billion, a P/E ratio of 24.88 and a beta of 1.13. The business’s 50 day simple moving average is $13.82 and its 200 day simple moving average is $13.56.

DLocal (NASDAQ:DLO) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.17 earnings per share (EPS) for the quarter. DLocal had a net margin of 17.80% and a return on equity of 37.66%. The business had revenue of $282.48 million for the quarter. On average, research analysts anticipate that DLocal Limited will post 0.47 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Itau BBA Securities assumed coverage on DLocal in a report on Wednesday, December 17th. They issued an “outperform” rating and a $21.00 price target on the stock. Truist Financial set a $17.00 price target on DLocal in a research report on Tuesday. Wall Street Zen cut shares of DLocal from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. UBS Group raised their price target on shares of DLocal from $10.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, October 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of DLocal in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, DLocal currently has an average rating of “Moderate Buy” and an average target price of $16.40.

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.