Azora Capital LP Takes $21.89 Million Position in DLocal Limited $DLO

Azora Capital LP acquired a new stake in shares of DLocal Limited (NASDAQ:DLO) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 1,547,965 shares of the company’s stock, valued at approximately $21,888,000. DLocal accounts for about 1.4% of Azora Capital LP’s holdings, making the stock its 20th largest position.

Several other hedge funds have also recently made changes to their positions in the stock. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of DLocal by 3.5% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 24,793 shares of the company’s stock valued at $354,000 after purchasing an additional 837 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of DLocal by 0.8% during the second quarter. Geode Capital Management LLC now owns 142,677 shares of the company’s stock valued at $1,618,000 after purchasing an additional 1,130 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of DLocal by 2.7% during the first quarter. Empowered Funds LLC now owns 48,688 shares of the company’s stock valued at $406,000 after purchasing an additional 1,281 shares during the last quarter. Osaic Holdings Inc. raised its holdings in shares of DLocal by 17.1% during the second quarter. Osaic Holdings Inc. now owns 9,108 shares of the company’s stock valued at $103,000 after purchasing an additional 1,329 shares during the last quarter. Finally, Lane Generational LLC raised its holdings in shares of DLocal by 0.4% during the fourth quarter. Lane Generational LLC now owns 507,257 shares of the company’s stock valued at $7,173,000 after purchasing an additional 1,811 shares during the last quarter. 90.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DLO has been the subject of several recent research reports. The Goldman Sachs Group restated a “buy” rating and set a $17.00 target price on shares of DLocal in a research report on Thursday, April 30th. Weiss Ratings restated a “hold (c)” rating on shares of DLocal in a research report on Monday, April 20th. Truist Financial cut their target price on shares of DLocal from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Finally, Wall Street Zen lowered shares of DLocal from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.63.

Insider Buying and Selling at DLocal

In other news, Director William Rodney Pruett purchased 20,000 shares of the company’s stock in a transaction on Friday, May 29th. The stock was acquired at an average cost of $11.85 per share, for a total transaction of $237,000.00. Following the completion of the transaction, the director directly owned 108,043 shares in the company, valued at $1,280,309.55. This trade represents a 22.72% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 45.44% of the stock is currently owned by insiders.

DLocal Trading Up 0.3%

Shares of NASDAQ DLO opened at $12.74 on Thursday. The firm has a market capitalization of $3.76 billion, a price-to-earnings ratio of 20.22 and a beta of 0.99. DLocal Limited has a 12-month low of $9.79 and a 12-month high of $16.78. The firm has a 50 day moving average of $12.66 and a 200 day moving average of $13.04.

DLocal (NASDAQ:DLO) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The business had revenue of $335.86 million during 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%. The company’s revenue was up 54.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.15 earnings per share. Sell-side analysts predict that DLocal Limited will post 0.81 EPS for the current year.

About DLocal

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.