Polen Capital Management LLC Sells 232,570 Shares of DLocal Limited $DLO

Polen Capital Management LLC cut its stake in DLocal Limited (NASDAQ:DLO) by 33.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 466,809 shares of the company’s stock after selling 232,570 shares during the period. Polen Capital Management LLC’s holdings in DLocal were worth $6,601,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Marshall Wace LLP grew its stake in shares of DLocal by 14.8% in the third 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. grew its stake in shares of DLocal by 12.2% in the fourth 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 grew its stake in shares of DLocal by 93.5% in the fourth 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 grew its stake in shares of DLocal by 131.6% in the third 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 grew its stake in shares of DLocal by 174.4% in the third 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. 90.13% of the stock is currently owned by institutional investors.

Insider Activity at DLocal

In related news, Director William Rodney Pruett bought 20,000 shares of the stock in a transaction dated Friday, May 29th. The shares were purchased at an average price of $11.85 per share, with a total value of $237,000.00. Following the completion of the acquisition, the director owned 108,043 shares of the company’s stock, valued at $1,280,309.55. This represents a 22.72% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 45.44% of the company’s stock.

DLocal Price Performance

DLO opened at $12.34 on Friday. DLocal Limited has a 1-year low of $9.75 and a 1-year high of $16.78. The company has a 50 day simple moving average of $12.67 and a two-hundred day simple moving average of $13.05. The firm has a market cap of $3.64 billion, a P/E ratio of 19.59 and a beta of 0.99.

DLocal (NASDAQ:DLO) last released its earnings results on Thursday, May 14th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.16 by $0.01. DLocal had a net margin of 15.85% and a return on equity of 41.22%. The firm had revenue of $335.86 million for the quarter, compared to the consensus estimate of $331.20 million. During the same quarter in the previous year, the firm earned $0.15 earnings per share. The company’s quarterly revenue was up 54.9% compared to the same quarter last year. Equities analysts anticipate that DLocal Limited will post 0.81 earnings per share for the current year.

DLocal Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th were issued a $0.1939 dividend. This represents a $0.78 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend was Wednesday, May 27th. DLocal’s payout ratio is 125.40%.

Analyst Ratings Changes

Several analysts recently issued reports on DLO shares. Weiss Ratings restated a “hold (c)” rating on shares of DLocal in a research report on Monday, April 20th. Wall Street Zen lowered shares of DLocal from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. Truist Financial cut their target price on shares of DLocal from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $17.00 price target on shares of DLocal in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $16.63.

DLocal Profile

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.