Fourth Sail Capital LP Has $17.54 Million Holdings in DLocal Limited $DLO

Fourth Sail Capital LP grew its stake in DLocal Limited (NASDAQ:DLO) by 33.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,546,639 shares of the company’s stock after purchasing an additional 390,270 shares during the quarter. DLocal comprises approximately 3.6% of Fourth Sail Capital LP’s holdings, making the stock its 12th largest holding. Fourth Sail Capital LP owned 0.54% of DLocal worth $17,539,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Fox Run Management L.L.C. lifted its holdings in shares of DLocal by 61.2% during the 2nd quarter. Fox Run Management L.L.C. now owns 47,325 shares of the company’s stock valued at $537,000 after purchasing an additional 17,976 shares in the last quarter. R Squared Ltd acquired a new stake in DLocal in the 2nd quarter valued at approximately $127,000. Activest Wealth Management acquired a new stake in shares of DLocal in the second quarter valued at about $80,000. CWM LLC acquired a new position in shares of DLocal during the 2nd quarter worth approximately $113,000. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of DLocal by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 575,111 shares of the company’s stock valued at $4,796,000 after buying an additional 22,803 shares during the last quarter. 90.13% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DLO has been the topic of a number of recent analyst reports. Wall Street Zen downgraded shares of DLocal from a “strong-buy” rating to a “buy” rating in a report on Saturday. Hsbc Global Res upgraded DLocal from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 14th. Truist Financial set a $15.00 target price on DLocal in a report on Friday, October 24th. Morgan Stanley set a $15.00 target price on shares of DLocal in a research note on Thursday, August 14th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of DLocal in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, DLocal has an average rating of “Moderate Buy” and a consensus target price of $15.67.

DLocal Price Performance

Shares of DLocal stock opened at $13.59 on Monday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $4.25 billion, a price-to-earnings ratio of 28.31 and a beta of 1.13. DLocal Limited has a twelve month low of $7.61 and a twelve month high of $16.78. The company has a 50-day simple moving average of $14.47 and a two-hundred day simple moving average of $12.29.

DLocal (NASDAQ:DLO) last released its quarterly earnings results on Wednesday, August 13th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. DLocal had a net margin of 16.90% and a return on equity of 36.85%. The company had revenue of $256.50 million during the quarter, compared to the consensus estimate of $226.71 million. During the same period in the previous year, the business earned $0.15 earnings per share. The firm’s quarterly revenue was up 49.7% on a year-over-year basis. DLocal has set its FY 2025 guidance at EPS. Analysts forecast 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.