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

Lane Generational LLC grew its holdings in shares of DLocal Limited (NASDAQ:DLO) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 412,233 shares of the company’s stock after purchasing an additional 1,717 shares during the period. DLocal makes up approximately 4.5% of Lane Generational LLC’s investment portfolio, making the stock its 9th largest holding. Lane Generational LLC owned 0.14% of DLocal worth $4,642,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of DLO. Activest Wealth Management boosted its stake in DLocal by 265,600.0% during the fourth quarter. Activest Wealth Management now owns 2,657 shares of the company’s stock valued at $30,000 after buying an additional 2,656 shares in the last quarter. R Squared Ltd acquired a new position in shares of DLocal in the 4th quarter valued at $82,000. Aigen Investment Management LP acquired a new position in shares of DLocal in the 3rd quarter valued at $152,000. SBI Securities Co. Ltd. acquired a new position in shares of DLocal in the 4th quarter valued at $233,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of DLocal in the 4th quarter valued at $300,000. 90.13% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

DLocal Stock Down 0.9 %

DLO opened at $8.58 on Wednesday. DLocal Limited has a fifty-two week low of $6.57 and a fifty-two week high of $18.27. The business has a 50-day moving average of $11.96 and a 200-day moving average of $10.46. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.54 and a quick ratio of 1.54. The company has a market capitalization of $2.54 billion, a PE ratio of 21.45, a price-to-earnings-growth ratio of 3.09 and a beta of 0.96.

DLocal (NASDAQ:DLO) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.15 earnings per share for the quarter, meeting 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 for the quarter, compared to the consensus estimate of $204.98 million. Equities research analysts forecast that DLocal Limited will post 0.47 EPS for the current fiscal year.

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.