Activest Wealth Management Grows Position in DLocal Limited (NASDAQ:DLO)

Activest Wealth Management grew its position in DLocal Limited (NASDAQ:DLO) by 265,600.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,657 shares of the company’s stock after purchasing an additional 2,656 shares during the period. Activest Wealth Management’s holdings in DLocal were worth $30,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of DLO. R Squared Ltd acquired a new position in shares of DLocal during the fourth quarter worth about $82,000. International Assets Investment Management LLC acquired a new position in DLocal during the 3rd quarter worth approximately $109,000. Aigen Investment Management LP purchased a new position in DLocal in the 3rd quarter worth approximately $152,000. Squarepoint Ops LLC purchased a new position in DLocal in the 2nd quarter worth approximately $157,000. Finally, GW Henssler & Associates Ltd. acquired a new stake in DLocal in the third quarter valued at approximately $170,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Analyst Upgrades and Downgrades

DLO has been the subject of several analyst reports. Barclays upped their target price on shares of DLocal from $9.00 to $10.00 and gave the company an “equal weight” rating in a research note on Friday, January 17th. Susquehanna upped their price objective on shares of DLocal from $14.00 to $16.00 and gave the company a “positive” rating in a research report on Wednesday, January 29th. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $11.56.

DLocal Price Performance

DLO opened at $12.75 on Monday. The company has a market capitalization of $3.77 billion, a P/E ratio of 31.88, a PEG ratio of 3.17 and a beta of 0.90. The company has a 50-day moving average of $11.87 and a 200-day moving average of $9.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.54 and a current ratio of 1.54. DLocal Limited has a 1-year low of $6.57 and a 1-year high of $18.27.

DLocal (NASDAQ:DLO) last announced its quarterly earnings data on Wednesday, November 13th. The company reported $0.09 earnings per share for the quarter, meeting the consensus estimate of $0.09. DLocal had a return on equity of 32.59% and a net margin of 16.35%. The firm had revenue of $185.80 million during the quarter, compared to analyst estimates of $181.47 million. During the same period in the previous year, the company earned $0.16 earnings per share. DLocal’s quarterly revenue was up 13.4% on a year-over-year basis. Equities analysts expect 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.