Jefferies Financial Group Inc. Invests $1.56 Million in DLocal Limited $DLO

Jefferies Financial Group Inc. acquired a new stake in DLocal Limited (NASDAQ:DLO) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 137,691 shares of the company’s stock, valued at approximately $1,561,000.

Several other large investors have also bought and sold shares of the company. Geode Capital Management LLC raised its position in DLocal by 0.8% in the second quarter. Geode Capital Management LLC now owns 142,677 shares of the company’s stock worth $1,618,000 after acquiring an additional 1,130 shares in the last quarter. Empowered Funds LLC boosted its position in shares of DLocal by 2.7% during the 1st 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 in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of DLocal by 11.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 23,658 shares of the company’s stock worth $197,000 after purchasing an additional 2,375 shares during the last quarter. Main Management ETF Advisors LLC raised its holdings in shares of DLocal by 1.7% in the 2nd quarter. Main Management ETF Advisors LLC now owns 146,579 shares of the company’s stock worth $1,662,000 after purchasing an additional 2,388 shares in the last quarter. Finally, Caption Management LLC lifted its stake in DLocal by 164.7% during the first quarter. Caption Management LLC now owns 11,249 shares of the company’s stock valued at $94,000 after purchasing an additional 7,000 shares during the last quarter. Institutional investors own 90.13% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Hsbc Global Res upgraded shares of DLocal from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 14th. Citigroup increased their price objective on DLocal from $14.60 to $17.00 and gave the company a “buy” rating in a research report on Tuesday, September 16th. Weiss Ratings reissued a “hold (c)” rating on shares of DLocal in a research note on Wednesday, October 8th. Truist Financial set a $15.00 target price on DLocal in a research report on Friday, October 24th. Finally, Morgan Stanley set a $15.00 target price on DLocal in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.67.

DLocal Trading Up 0.9%

NASDAQ DLO opened at $13.05 on Thursday. The firm’s 50 day moving average price is $14.33 and its two-hundred day moving average price is $12.65. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.46 and a current ratio of 1.46. DLocal Limited has a twelve month low of $7.61 and a twelve month high of $16.78. The stock has a market cap of $4.08 billion, a price-to-earnings ratio of 23.30 and a beta of 1.13.

DLocal (NASDAQ:DLO) last posted its quarterly earnings results on Wednesday, November 12th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.16 by $0.01. DLocal had a net margin of 17.80% and a return on equity of 37.66%. The business had revenue of $282.48 million during the quarter, compared to analysts’ expectations of $260.78 million. During the same period last year, the company posted $0.09 earnings per share. The firm’s quarterly revenue was up 52.0% compared to the same quarter last year. DLocal has set its FY 2025 guidance at EPS. Equities analysts anticipate that DLocal Limited will post 0.47 EPS for the current 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.