44,255 Shares in DLocal Limited $DLO Acquired by Centiva Capital LP

Centiva Capital LP purchased a new stake in DLocal Limited (NASDAQ:DLO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 44,255 shares of the company’s stock, valued at approximately $632,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Schwartz Investment Counsel Inc. acquired a new position in shares of DLocal during the 3rd quarter valued at $2,959,000. Proem Advisors LLC increased its holdings in DLocal by 83.5% in the 3rd quarter. Proem Advisors LLC now owns 575,000 shares of the company’s stock valued at $8,211,000 after purchasing an additional 261,702 shares in the last quarter. Paradice Investment Management LLC purchased a new position in DLocal in the third quarter valued at about $14,343,000. Quantbot Technologies LP lifted its stake in shares of DLocal by 919.5% during the third quarter. Quantbot Technologies LP now owns 228,439 shares of the company’s stock worth $3,262,000 after purchasing an additional 206,032 shares in the last quarter. Finally, DNB Asset Management AS acquired a new position in shares of DLocal during the third quarter worth about $1,138,000. 90.13% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on DLO shares. Weiss Ratings reiterated a “hold (c)” rating on shares of DLocal in a research note on Wednesday, January 21st. Truist Financial set a $17.00 price target on DLocal in a research report on Tuesday, January 20th. Itau BBA Securities initiated coverage on shares of DLocal in a research report on Wednesday, December 17th. They issued an “outperform” rating and a $21.00 price objective for the company. Finally, JPMorgan Chase & Co. dropped their price objective on shares of DLocal from $18.50 to $18.00 and set an “overweight” rating on the stock in a research note on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, DLocal has a consensus rating of “Moderate Buy” and a consensus price target of $17.22.

DLocal Trading Down 1.8%

DLO opened at $11.34 on Monday. The stock has a market capitalization of $3.54 billion, a PE ratio of 20.25 and a beta of 1.14. The firm’s fifty day moving average price is $13.18 and its 200 day moving average price is $13.80. 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 12-month low of $7.61 and a 12-month high of $16.78.

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.