Lane Generational LLC Acquires 1,717 Shares of DLocal Limited (NASDAQ:DLO)

Lane Generational LLC lifted its position in shares of DLocal Limited (NASDAQ:DLO) by 0.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 412,233 shares of the company’s stock after purchasing an additional 1,717 shares during the quarter. DLocal accounts for approximately 4.5% of Lane Generational LLC’s investment portfolio, making the stock its 9th largest holding. Lane Generational LLC’s holdings in DLocal were worth $4,642,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Activest Wealth Management grew its holdings in shares of DLocal by 265,600.0% during the 4th quarter. Activest Wealth Management now owns 2,657 shares of the company’s stock worth $30,000 after purchasing an additional 2,656 shares in the last quarter. Empowered Funds LLC boosted its stake in DLocal by 6.7% in the 3rd quarter. Empowered Funds LLC now owns 47,407 shares of the company’s stock valued at $379,000 after buying an additional 2,989 shares in the last quarter. Penserra Capital Management LLC boosted its stake in DLocal by 5.3% in the 3rd quarter. Penserra Capital Management LLC now owns 124,287 shares of the company’s stock valued at $994,000 after buying an additional 6,220 shares in the last quarter. State Street Corp boosted its stake in DLocal by 1.4% in the 3rd quarter. State Street Corp now owns 511,252 shares of the company’s stock valued at $4,090,000 after buying an additional 6,992 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in DLocal in the 4th quarter valued at $82,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

DLocal Trading Down 0.9 %

DLO stock opened at $8.58 on Wednesday. The company has a market cap of $2.54 billion, a P/E ratio of 21.45, a PEG ratio of 3.09 and a beta of 0.96. DLocal Limited has a twelve month low of $6.57 and a twelve month high of $18.27. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.01. The business has a fifty day moving average of $11.96 and a 200-day moving average of $10.46.

DLocal (NASDAQ:DLO) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.15 EPS for the quarter, hitting analysts’ consensus estimates of $0.15. DLocal had a return on equity of 32.59% and a net margin of 16.35%. The business had revenue of $204.49 million during the quarter, compared to analysts’ expectations of $204.98 million. As a group, equities research analysts expect that DLocal Limited will post 0.47 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently commented on DLO. Morgan Stanley reaffirmed an “equal weight” rating and issued a $10.00 price target (down previously from $11.00) on shares of DLocal in a research note on Friday, February 28th. JPMorgan Chase & Co. raised DLocal from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $14.00 to $18.00 in a research note on Wednesday, February 26th. The Goldman Sachs Group boosted their price target on DLocal from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Thursday, February 13th. Susquehanna boosted their price target on DLocal from $14.00 to $16.00 and gave the company a “positive” rating in a research note on Wednesday, January 29th. Finally, Barclays cut their price objective on DLocal from $10.00 to $9.00 and set an “equal weight” rating for the company in a research report on Monday, March 3rd. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $11.94.

About DLocal

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.