Hussman Strategic Advisors Inc. Invests $2.97 Million in DLocal Limited $DLO

Hussman Strategic Advisors Inc. bought a new position in DLocal Limited (NASDAQ:DLO) in the 4th quarter, HoldingsChannel reports. The fund bought 210,000 shares of the company’s stock, valued at approximately $2,969,000. DLocal comprises approximately 0.7% of Hussman Strategic Advisors Inc.’s portfolio, making the stock its 25th largest holding.

Several other hedge funds also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of DLocal by 3.5% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 24,793 shares of the company’s stock worth $354,000 after acquiring an additional 837 shares in the last quarter. Geode Capital Management LLC grew its position in shares of DLocal by 0.8% in the 2nd 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 grew its position in shares of DLocal by 2.7% in the 1st quarter. Empowered Funds LLC now owns 48,688 shares of the company’s stock worth $406,000 after acquiring an additional 1,281 shares in the last quarter. Osaic Holdings Inc. grew its position in shares of DLocal by 17.1% in the 2nd quarter. Osaic Holdings Inc. now owns 9,108 shares of the company’s stock worth $103,000 after acquiring an additional 1,329 shares in the last quarter. Finally, IFP Advisors Inc acquired a new position in shares of DLocal in the 3rd quarter worth approximately $26,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

Wall Street Analyst Weigh In

DLO has been the subject of several research reports. JPMorgan Chase & Co. decreased their target price on DLocal from $18.50 to $18.00 and set an “overweight” rating for the company in a research report on Monday, February 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of DLocal in a research report on Monday, April 20th. Truist Financial decreased their target price on DLocal from $17.00 to $15.00 and set a “buy” rating for the company in a research report on Tuesday, March 17th. The Goldman Sachs Group reiterated a “buy” rating and issued a $17.00 target price on shares of DLocal in a research report on Thursday. Finally, Wall Street Zen lowered DLocal from a “buy” rating to a “hold” rating in a research report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $16.78.

DLocal Price Performance

NASDAQ:DLO opened at $13.75 on Friday. DLocal Limited has a 12-month low of $8.67 and a 12-month high of $16.78. The firm has a market capitalization of $4.06 billion, a P/E ratio of 21.48 and a beta of 1.05. The business has a 50 day simple moving average of $12.69 and a 200 day simple moving average of $13.50.

DLocal (NASDAQ:DLO) last released its quarterly earnings data on Thursday, March 19th. The company reported $0.18 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.18. DLocal had a return on equity of 40.40% and a net margin of 18.00%.The business had revenue of $337.89 million during the quarter, compared to analyst estimates of $294.29 million. During the same quarter in the previous year, the firm posted $0.10 EPS. The business’s revenue for the quarter was up 65.2% compared to the same quarter last year. Research analysts anticipate that DLocal Limited will post 0.85 EPS for the current fiscal year.

DLocal Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be given a dividend of $0.1939 per share. The ex-dividend date is Wednesday, May 27th. This represents a $0.78 dividend on an annualized basis and a yield of 5.6%.

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.