UBS Group AG Has $5.38 Million Stock Position in DLocal Limited $DLO

UBS Group AG raised its holdings in DLocal Limited (NASDAQ:DLO) by 27.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 380,637 shares of the company’s stock after acquiring an additional 81,503 shares during the quarter. UBS Group AG’s holdings in DLocal were worth $5,382,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DLO. Royal Bank of Canada increased its position in DLocal by 562.7% in the 1st quarter. Royal Bank of Canada now owns 48,668 shares of the company’s stock valued at $406,000 after acquiring an additional 41,324 shares during the period. Goldman Sachs Group Inc. increased its position in 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 acquiring an additional 22,803 shares during the period. Empowered Funds LLC increased its position in DLocal by 2.7% in the 1st quarter. Empowered Funds LLC now owns 48,688 shares of the company’s stock valued at $406,000 after acquiring an additional 1,281 shares during the period. Geode Capital Management LLC increased its position in DLocal by 0.8% in the 2nd quarter. Geode Capital Management LLC now owns 142,677 shares of the company’s stock valued at $1,618,000 after acquiring an additional 1,130 shares during the period. Finally, Quantbot Technologies LP acquired a new position in DLocal in the 2nd quarter valued at approximately $254,000. 90.13% of the stock is currently owned by institutional investors and hedge funds.

DLocal Stock Up 2.7%

DLO opened at $12.24 on Friday. DLocal Limited has a twelve month low of $9.75 and a twelve month high of $16.78. The company has a fifty day moving average of $12.79 and a 200-day moving average of $13.25. The stock has a market cap of $3.61 billion, a PE ratio of 19.43 and a beta of 1.04.

DLocal (NASDAQ:DLO) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. DLocal had a net margin of 15.85% and a return on equity of 41.22%. The company had revenue of $335.86 million during the quarter, compared to analysts’ expectations of $331.20 million. During the same period in the prior year, the company posted $0.15 earnings per share. DLocal’s revenue for the quarter was up 54.9% compared to the same quarter last year. Sell-side analysts anticipate that DLocal Limited will post 0.85 EPS for the current fiscal year.

DLocal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be issued a $0.1939 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Wednesday, May 27th. DLocal’s dividend payout ratio (DPR) is presently 122.22%.

Wall Street Analyst Weigh In

DLO has been the subject of several recent research reports. The Goldman Sachs Group restated a “buy” rating and issued a $17.00 price target on shares of DLocal in a research report on Thursday, April 30th. Truist Financial decreased their price objective on shares of DLocal from $17.00 to $15.00 and set a “buy” rating for the company in a research report on Tuesday, March 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of DLocal in a research report on Monday, April 20th. JPMorgan Chase & Co. decreased their price objective on shares of DLocal from $18.50 to $18.00 and set an “overweight” rating for the company in a research report on Monday, February 2nd. Finally, Wall Street Zen cut shares of DLocal from a “buy” rating to a “hold” rating in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $16.63.

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.