DLocal Limited (NASDAQ:DLO) Stock Holdings Lifted by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. raised its position in DLocal Limited (NASDAQ:DLOGet Rating) by 1,299.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 282,970 shares of the company’s stock after purchasing an additional 262,755 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.10% of DLocal worth $8,846,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nkcfo LLC bought a new stake in shares of DLocal during the 1st quarter worth about $44,000. BDO Wealth Advisors LLC bought a new stake in shares of DLocal during the 1st quarter worth about $50,000. Advisors Asset Management Inc. bought a new stake in shares of DLocal during the 1st quarter worth about $78,000. Prospera Financial Services Inc bought a new stake in shares of DLocal during the 1st quarter worth about $111,000. Finally, Dupont Capital Management Corp bought a new stake in shares of DLocal during the 1st quarter worth about $167,000. Hedge funds and other institutional investors own 47.89% of the company’s stock.

DLocal Stock Performance

DLO opened at $24.33 on Wednesday. DLocal Limited has a 52-week low of $15.19 and a 52-week high of $67.88. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.80 and a current ratio of 1.80. The company has a market cap of $7.18 billion, a PE ratio of 76.03, a price-to-earnings-growth ratio of 1.15 and a beta of 1.45. The stock has a 50-day moving average of $27.18 and a 200-day moving average of $26.91.

DLocal (NASDAQ:DLOGet Rating) last posted its quarterly earnings data on Tuesday, August 23rd. The company reported $0.10 earnings per share for the quarter, hitting the consensus estimate of $0.10. DLocal had a return on equity of 33.69% and a net margin of 30.01%. The business had revenue of $101.18 million during the quarter, compared to analysts’ expectations of $98.53 million. During the same quarter in the previous year, the firm earned $0.06 EPS. The firm’s revenue was up 71.6% compared to the same quarter last year. As a group, equities research analysts forecast that DLocal Limited will post 0.42 earnings per share for the current fiscal year.

About DLocal

(Get Rating)

DLocal Limited operates a payments platform in the United States, Europe, China, and internationally. Its payments platform enables merchants to get paid and to make payments online. The company serves commerce, streaming, ride-hailing, financial services, advertising, software as a service, travel, e-learning, on-demand delivery, gaming, and crypto industries.

See Also

Want to see what other hedge funds are holding DLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DLocal Limited (NASDAQ:DLOGet Rating).

Institutional Ownership by Quarter for DLocal (NASDAQ:DLO)

Receive News & Ratings for DLocal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DLocal and related companies with MarketBeat.com's FREE daily email newsletter.