Centiva Capital LP Invests $632,000 in DLocal Limited $DLO

Centiva Capital LP acquired a new stake in DLocal Limited (NASDAQ:DLO) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 44,255 shares of the company’s stock, valued at approximately $632,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of DLO. Global Retirement Partners LLC acquired a new stake in DLocal during the third quarter valued at approximately $29,000. Jones Financial Companies Lllp grew its position in shares of DLocal by 221.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,816 shares of the company’s stock worth $70,000 after acquiring an additional 3,316 shares in the last quarter. Osaic Holdings Inc. increased its holdings in shares of DLocal by 17.1% in the 2nd quarter. Osaic Holdings Inc. now owns 9,108 shares of the company’s stock valued at $103,000 after acquiring an additional 1,329 shares during the last quarter. Boothbay Fund Management LLC acquired a new stake in shares of DLocal during the 2nd quarter valued at approximately $122,000. Finally, Man Group plc acquired a new stake in shares of DLocal during the 2nd quarter valued at approximately $130,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

DLocal Trading Down 1.8%

Shares of NASDAQ DLO opened at $11.34 on Monday. DLocal Limited has a 12-month low of $7.61 and a 12-month high of $16.78. The company has a market cap of $3.54 billion, a price-to-earnings ratio of 20.25 and a beta of 1.14. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.01. The stock’s 50 day simple moving average is $13.18 and its 200 day simple moving average is $13.80.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of DLocal in a research note on Wednesday, January 21st. JPMorgan Chase & Co. dropped their target price on shares of DLocal from $18.50 to $18.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Truist Financial set a $17.00 price target on shares of DLocal in a research report on Tuesday, January 20th. Finally, Itau BBA Securities started coverage on shares of DLocal in a report on Wednesday, December 17th. They issued an “outperform” rating and a $21.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $17.22.

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.