DLocal Limited $DLO Shares Purchased by Paradice Investment Management LLC

Paradice Investment Management LLC grew its holdings in DLocal Limited (NASDAQ:DLO) by 93.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,943,360 shares of the company’s stock after purchasing an additional 938,938 shares during the period. DLocal makes up 5.4% of Paradice Investment Management LLC’s investment portfolio, making the stock its 11th largest position. Paradice Investment Management LLC owned 0.62% of DLocal worth $27,479,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Marshall Wace LLP increased its position 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 purchasing an additional 396,066 shares during the last quarter. Baillie Gifford & Co. lifted its position in DLocal by 12.2% in the fourth quarter. Baillie Gifford & Co. now owns 2,996,660 shares of the company’s stock valued at $42,373,000 after buying an additional 326,537 shares during the last quarter. Two Sigma Investments LP boosted its stake in DLocal by 131.6% during the third quarter. Two Sigma Investments LP now owns 1,732,140 shares of the company’s stock worth $24,735,000 after buying an additional 984,341 shares during the period. Holocene Advisors LP boosted its stake in DLocal by 174.4% during the third quarter. Holocene Advisors LP now owns 1,349,365 shares of the company’s stock worth $19,269,000 after buying an additional 857,685 shares during the period. Finally, Tikvah Management LLC increased its position in shares of DLocal by 18.4% during the third quarter. Tikvah Management LLC now owns 1,248,322 shares of the company’s stock valued at $17,826,000 after acquiring an additional 193,823 shares during the last quarter. 90.13% of the stock is currently owned by hedge funds and other institutional investors.

DLocal Price Performance

NASDAQ DLO opened at $13.31 on Friday. The company has a market cap of $3.93 billion, a P/E ratio of 20.80 and a beta of 1.06. The stock has a 50-day moving average of $12.55 and a two-hundred day moving average of $13.52. DLocal Limited has a 1-year low of $8.67 and a 1-year high of $16.78.

DLocal (NASDAQ:DLO) last issued its quarterly earnings results on Thursday, March 19th. The company reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. The business had revenue of $337.89 million for the quarter, compared to analysts’ expectations of $294.29 million. DLocal had a net margin of 18.00% and a return on equity of 40.40%. The business’s quarterly revenue was up 65.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.10 earnings per share. On average, analysts anticipate that DLocal Limited will post 0.85 EPS for the current fiscal year.

DLocal Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be given a $0.1939 dividend. This represents a $0.78 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Wednesday, May 27th.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of DLocal in a research note on Monday. Wall Street Zen raised shares of DLocal from a “hold” rating to a “buy” rating in a research report on Sunday, April 5th. Truist Financial dropped their target price on shares of DLocal from $17.00 to $15.00 and set a “buy” rating for the company in a report on Tuesday, March 17th. Finally, JPMorgan Chase & Co. decreased their price target on DLocal from $18.50 to $18.00 and set an “overweight” rating on the stock in a research note on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.00.

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.