DLocal Limited (NASDAQ:DLO – Get Free Report) saw unusually large options trading activity on Monday. Stock investors bought 6,191 call options on the company. This represents an increase of approximately 89% compared to the average volume of 3,269 call options.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on DLO shares. JPMorgan Chase & Co. cut their price target on shares of DLocal from $18.50 to $18.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Truist Financial cut their price target on shares of DLocal from $17.00 to $15.00 and set a “buy” rating on the stock in a report on Tuesday, March 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of DLocal in a report on Monday, April 20th. The Goldman Sachs Group reiterated a “buy” rating and set a $17.00 price target on shares of DLocal in a report on Thursday, April 30th. Finally, Wall Street Zen lowered shares of DLocal from a “buy” rating to a “hold” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.63.
Check Out Our Latest Research Report on DLocal
DLocal Trading Up 2.9%
DLocal (NASDAQ:DLO – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.01. The business had revenue of $335.86 million for the quarter, compared to analyst estimates of $331.20 million. DLocal had a net margin of 15.85% and a return on equity of 41.22%. DLocal’s revenue for the quarter was up 54.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.15 earnings per share. On average, equities analysts anticipate that DLocal will post 0.85 EPS for the current year.
DLocal Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be paid a $0.1939 dividend. This represents a $0.78 annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend is Wednesday, May 27th.
Institutional Investors Weigh In On DLocal
Hedge funds and other institutional investors have recently bought and sold shares of the stock. IFP Advisors Inc bought a new stake in DLocal in the third quarter valued at $26,000. Caitong International Asset Management Co. Ltd increased its stake in DLocal by 114.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,826 shares of the company’s stock valued at $26,000 after purchasing an additional 975 shares in the last quarter. University of Texas Texas AM Investment Management Co. bought a new stake in DLocal in the fourth quarter valued at $40,000. Banque Cantonale Vaudoise bought a new stake in DLocal in the first quarter valued at $42,000. Finally, Jones Financial Companies Lllp increased its stake in DLocal by 221.1% in the third quarter. Jones Financial Companies Lllp now owns 4,816 shares of the company’s stock valued at $70,000 after purchasing an additional 3,316 shares in the last quarter. 90.13% of the stock is owned by institutional investors.
DLocal Company 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.
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