30,541 Shares in DLocal Limited (NASDAQ:DLO) Purchased by Duality Advisers LP

Duality Advisers LP acquired a new position in shares of DLocal Limited (NASDAQ:DLO) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 30,541 shares of the company’s stock, valued at approximately $540,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of DLocal in the third quarter valued at approximately $67,000. Citigroup Inc. increased its stake in shares of DLocal by 24.5% in the third quarter. Citigroup Inc. now owns 7,007 shares of the company’s stock valued at $134,000 after purchasing an additional 1,378 shares during the period. OneAscent Wealth Management LLC acquired a new stake in shares of DLocal in the fourth quarter valued at approximately $185,000. OneAscent Financial Services LLC acquired a new stake in shares of DLocal in the fourth quarter valued at approximately $234,000. Finally, Mirabella Financial Services LLP acquired a new stake in shares of DLocal in the third quarter valued at approximately $274,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on DLO. The Goldman Sachs Group dropped their price target on shares of DLocal from $21.00 to $18.00 and set a “buy” rating on the stock in a research note on Wednesday, March 20th. Barclays dropped their price target on shares of DLocal from $18.00 to $17.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 21st. JPMorgan Chase & Co. decreased their price objective on shares of DLocal from $17.50 to $17.00 and set a “neutral” rating for the company in a report on Monday, April 1st. Susquehanna decreased their price objective on shares of DLocal from $24.00 to $21.00 and set a “positive” rating for the company in a report on Tuesday, March 19th. Finally, New Street Research upgraded shares of DLocal from a “neutral” rating to a “buy” rating and increased their price objective for the company from $18.00 to $24.00 in a report on Tuesday, January 9th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $18.38.

DLocal Trading Down 1.0 %

Shares of NASDAQ:DLO opened at $14.28 on Friday. The stock has a market capitalization of $4.23 billion, a price-to-earnings ratio of 29.14, a PEG ratio of 0.95 and a beta of 0.96. DLocal Limited has a 1-year low of $9.04 and a 1-year high of $24.22. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.63 and a current ratio of 1.63. The company has a 50 day moving average price of $16.01 and a 200 day moving average price of $17.01.

DLocal (NASDAQ:DLO) last issued its earnings results on Monday, March 18th. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). The business had revenue of $188.01 million for the quarter, compared to the consensus estimate of $169.85 million. DLocal had a return on equity of 40.57% and a net margin of 22.92%. On average, research analysts anticipate that DLocal Limited will post 0.59 EPS for the current fiscal year.

DLocal Profile

DLocal Limited operates a payment processing platform worldwide. The company offers pay-in solution which the business and get paid for their products and services through various payment methods, including international and local cards, online bank transfers and direct debit, cash, and alternative payment methods.