Schwartz Investment Counsel Inc. purchased a new position in DLocal Limited (NASDAQ:DLO – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 207,200 shares of the company’s stock, valued at approximately $2,959,000.
Several other institutional investors have also made changes to their positions in the stock. Global Retirement Partners LLC acquired a new position in DLocal in the 3rd quarter valued at approximately $29,000. Activest Wealth Management purchased a new position in shares of DLocal during the 2nd quarter valued at $80,000. Osaic Holdings Inc. increased its stake in shares of DLocal by 17.1% in the second quarter. Osaic Holdings Inc. now owns 9,108 shares of the company’s stock worth $103,000 after acquiring an additional 1,329 shares during the last quarter. CWM LLC purchased a new stake in shares of DLocal during the second quarter worth $113,000. Finally, Boothbay Fund Management LLC acquired a new stake in DLocal during the second quarter valued at $122,000. 90.13% of the stock is currently owned by institutional investors and hedge funds.
DLocal Trading Down 3.7%
Shares of DLO stock opened at $14.05 on Monday. DLocal Limited has a 12 month low of $7.61 and a 12 month high of $16.78. The company has a market cap of $4.39 billion, a PE ratio of 25.09 and a beta of 1.13. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $13.86 and its two-hundred day moving average is $13.53.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on DLO shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of DLocal in a research report on Wednesday, October 8th. Truist Financial set a $16.00 price objective on DLocal and gave the stock a “buy” rating in a report on Thursday, December 11th. Itau BBA Securities initiated coverage on shares of DLocal in a research note on Wednesday, December 17th. They issued an “outperform” rating and a $21.00 target price for the company. Wall Street Zen downgraded shares of DLocal from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, The Goldman Sachs Group set a $19.00 price target on shares of DLocal and gave the company a “buy” rating in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $16.30.
Check Out Our Latest Research Report on DLocal
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.
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