Paradice Investment Management LLC Grows Stock Position in DLocal Limited $DLO

Paradice Investment Management LLC increased its stake in shares of DLocal Limited (NASDAQ:DLO) by 93.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,943,360 shares of the company’s stock after purchasing an additional 938,938 shares during the quarter. DLocal accounts for 5.4% of Paradice Investment Management LLC’s holdings, making the stock its 11th largest holding. Paradice Investment Management LLC’s holdings in DLocal were worth $27,479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Two Sigma Investments LP raised its position in DLocal by 131.6% in the 3rd quarter. Two Sigma Investments LP now owns 1,732,140 shares of the company’s stock valued at $24,735,000 after purchasing an additional 984,341 shares in the last quarter. Holocene Advisors LP grew its position in shares of DLocal by 174.4% during the third quarter. Holocene Advisors LP now owns 1,349,365 shares of the company’s stock worth $19,269,000 after buying an additional 857,685 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of DLocal by 103.5% during the third quarter. Ameriprise Financial Inc. now owns 1,147,776 shares of the company’s stock worth $16,390,000 after buying an additional 583,786 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in shares of DLocal during the second quarter worth approximately $5,093,000. Finally, Marshall Wace LLP raised its holdings in DLocal by 14.8% in the third quarter. Marshall Wace LLP now owns 3,080,054 shares of the company’s stock valued at $43,983,000 after acquiring an additional 396,066 shares in the last quarter. Hedge funds and other institutional investors own 90.13% of the company’s stock.

DLocal Stock Performance

DLO opened at $13.31 on Friday. DLocal Limited has a one year low of $8.67 and a one year high of $16.78. The company has a market cap of $3.93 billion, a P/E ratio of 20.80 and a beta of 1.06. The business’s 50-day simple moving average is $12.55 and its 200-day simple moving average is $13.52.

DLocal (NASDAQ:DLO) last announced its quarterly earnings results on Thursday, March 19th. The company reported $0.18 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.18. The firm had revenue of $337.89 million during the quarter, compared to the consensus estimate of $294.29 million. DLocal had a return on equity of 40.40% and a net margin of 18.00%.The firm’s quarterly revenue was up 65.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.10 earnings per share. As a group, analysts predict that DLocal Limited will post 0.85 earnings per share for the current fiscal year.

DLocal Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be issued a $0.1939 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $0.78 annualized dividend and a dividend yield of 5.8%.

Wall Street Analyst Weigh In

Several research firms have commented on DLO. JPMorgan Chase & Co. lowered their price target on shares of DLocal from $18.50 to $18.00 and set an “overweight” rating for the company in a report on Monday, February 2nd. Truist Financial dropped their price objective on shares of DLocal from $17.00 to $15.00 and set a “buy” rating on the stock in a research report on Tuesday, March 17th. Wall Street Zen upgraded shares of DLocal from a “hold” rating to a “buy” rating in a report on Sunday, April 5th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of DLocal in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $17.00.

DLocal Company Profile

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.