UBS Group AG Purchases 81,503 Shares of DLocal Limited $DLO

UBS Group AG lifted its position in shares of DLocal Limited (NASDAQ:DLOFree Report) by 27.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 380,637 shares of the company’s stock after acquiring an additional 81,503 shares during the period. UBS Group AG owned approximately 0.12% of DLocal worth $5,382,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Marshall Wace LLP lifted its holdings in shares of DLocal by 14.8% during the 3rd quarter. Marshall Wace LLP now owns 3,080,054 shares of the company’s stock worth $43,983,000 after acquiring an additional 396,066 shares during the period. Baillie Gifford & Co. lifted its holdings in shares of DLocal by 12.2% during the 4th quarter. Baillie Gifford & Co. now owns 2,996,660 shares of the company’s stock worth $42,373,000 after acquiring an additional 326,537 shares during the period. Paradice Investment Management LLC lifted its holdings in shares of DLocal by 93.5% during the 4th quarter. Paradice Investment Management LLC now owns 1,943,360 shares of the company’s stock worth $27,479,000 after acquiring an additional 938,938 shares during the period. Two Sigma Investments LP lifted its holdings in shares of DLocal by 131.6% during the 3rd quarter. Two Sigma Investments LP now owns 1,732,140 shares of the company’s stock worth $24,735,000 after acquiring an additional 984,341 shares during the period. Finally, Holocene Advisors LP lifted its holdings in shares of DLocal by 174.4% during the 3rd quarter. Holocene Advisors LP now owns 1,349,365 shares of the company’s stock worth $19,269,000 after acquiring an additional 857,685 shares during the period. Institutional investors own 90.13% of the company’s stock.

DLocal Price Performance

Shares of NASDAQ:DLO opened at $12.24 on Friday. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 19.43 and a beta of 1.04. The firm has a 50 day simple moving average of $12.79 and a 200 day simple moving average of $13.25. DLocal Limited has a one year low of $9.75 and a one year high of $16.78.

DLocal (NASDAQ:DLOGet Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.17 EPS for the quarter, beating 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 net margin of 15.85% and a return on equity of 41.22%. The firm’s revenue was up 54.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.15 EPS. As a group, analysts expect that DLocal Limited will post 0.85 EPS for the current year.

DLocal Dividend Announcement

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 paid a $0.1939 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.78 annualized dividend and a yield of 6.3%. DLocal’s dividend payout ratio is presently 122.22%.

Analysts Set New Price Targets

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

Check Out Our Latest Report on DLocal

About DLocal

(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.

See Also

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Institutional Ownership by Quarter for DLocal (NASDAQ:DLO)

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