Paradice Investment Management LLC Acquires Shares of 1,004,422 DLocal Limited $DLO

Paradice Investment Management LLC acquired a new stake in DLocal Limited (NASDAQ:DLO) in the third quarter, Holdings Channel.com reports. The firm acquired 1,004,422 shares of the company’s stock, valued at approximately $14,343,000. DLocal makes up approximately 3.2% of Paradice Investment Management LLC’s portfolio, making the stock its 14th biggest holding.

Several other large investors have also made changes to their positions in DLO. Marshall Wace LLP grew its stake in DLocal by 64.0% in the 2nd quarter. Marshall Wace LLP now owns 2,683,988 shares of the company’s stock valued at $30,436,000 after acquiring an additional 1,047,692 shares during the period. Fourth Sail Capital LP raised its position in DLocal by 33.7% during the second quarter. Fourth Sail Capital LP now owns 1,546,639 shares of the company’s stock worth $17,539,000 after acquiring an additional 390,270 shares during the period. Goldman Sachs Group Inc. lifted its holdings in DLocal by 4.1% during the first quarter. Goldman Sachs Group Inc. now owns 575,111 shares of the company’s stock valued at $4,796,000 after purchasing an additional 22,803 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of DLocal by 6.9% in the second quarter. Ameriprise Financial Inc. now owns 563,990 shares of the company’s stock valued at $6,396,000 after purchasing an additional 36,319 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of DLocal in the second quarter valued at about $5,093,000. 90.13% of the stock is owned by institutional investors and hedge funds.

DLocal Trading Up 0.8%

DLO opened at $14.22 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.46 and a quick ratio of 1.46. The company’s 50 day simple moving average is $13.95 and its two-hundred day simple moving average is $13.16. DLocal Limited has a 1-year low of $7.61 and a 1-year high of $16.78. The firm has a market capitalization of $4.44 billion, a price-to-earnings ratio of 25.39 and a beta of 1.13.

DLocal (NASDAQ:DLO) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.17 earnings per share (EPS) for the quarter. DLocal had a return on equity of 37.66% and a net margin of 17.80%.The business had revenue of $282.48 million during the quarter. Analysts expect that DLocal Limited will post 0.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Truist Financial set a $16.00 price target on shares of DLocal and gave the stock a “buy” rating in a research report on Thursday, December 11th. UBS Group increased their target price on DLocal from $10.00 to $15.00 and gave the company a “neutral” rating in a report on Monday, October 20th. Citigroup raised their target price on DLocal from $14.60 to $17.00 and gave the company a “buy” rating in a research report on Tuesday, September 16th. Wall Street Zen lowered DLocal from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Itau BBA Securities assumed coverage on DLocal in a research note on Wednesday, December 17th. They issued an “outperform” rating and a $21.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.30.

DLocal 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.