Maxi Investments CY Ltd Boosts Stock Holdings in DLocal Limited $DLO

Maxi Investments CY Ltd grew its holdings in DLocal Limited (NASDAQ:DLO) by 92.0% in the 4th quarter, HoldingsChannel reports. The firm owned 167,000 shares of the company’s stock after buying an additional 80,000 shares during the quarter. Maxi Investments CY Ltd’s holdings in DLocal were worth $2,361,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Two Sigma Investments LP increased its holdings in DLocal by 131.6% during the third quarter. Two Sigma Investments LP now owns 1,732,140 shares of the company’s stock valued at $24,735,000 after buying an additional 984,341 shares during the period. Paradice Investment Management LLC lifted its holdings in DLocal by 93.5% during the fourth quarter. Paradice Investment Management LLC now owns 1,943,360 shares of the company’s stock worth $27,479,000 after buying an additional 938,938 shares during the period. Holocene Advisors LP boosted its position in DLocal by 174.4% during the 3rd quarter. Holocene Advisors LP now owns 1,349,365 shares of the company’s stock valued at $19,269,000 after acquiring an additional 857,685 shares in the last quarter. Ameriprise Financial Inc. boosted its position in DLocal by 103.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,147,776 shares of the company’s stock valued at $16,390,000 after acquiring an additional 583,786 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of DLocal in the 2nd quarter valued at $5,093,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

DLocal Trading Down 2.0%

Shares of DLO stock opened at $13.75 on Friday. The business’s fifty day simple moving average is $12.76 and its 200-day simple moving average is $13.45. The company has a market cap of $4.06 billion, a PE ratio of 21.48 and a beta of 1.04. DLocal Limited has a 12-month low of $8.97 and a 12-month high of $16.78.

DLocal (NASDAQ:DLO) last posted its quarterly earnings data on Thursday, March 19th. The company reported $0.18 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.18. DLocal had a return on equity of 40.40% and a net margin of 18.00%.The firm had revenue of $337.89 million during the quarter, compared to analysts’ expectations of $294.29 million. During the same quarter last year, the firm earned $0.10 EPS. The business’s quarterly revenue was up 65.2% on a year-over-year basis. On average, equities analysts forecast that DLocal Limited will post 0.85 earnings per share for the current year.

DLocal Dividend Announcement

The firm 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 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend is Wednesday, May 27th.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on DLO. Weiss Ratings reissued a “hold (c)” rating on shares of DLocal in a research report on Monday, April 20th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $17.00 price objective on shares of DLocal in a research report on Thursday, April 30th. Wall Street Zen lowered DLocal from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. JPMorgan Chase & Co. reduced their target price on shares of DLocal from $18.50 to $18.00 and set an “overweight” rating for the company in a report on Monday, February 2nd. Finally, Truist Financial decreased their price target 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. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $16.78.

About DLocal

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.