12,591 Shares in DLocal Limited (NASDAQ:DLO) Acquired by Virtu Financial LLC

Virtu Financial LLC purchased a new stake in DLocal Limited (NASDAQ:DLO) in the 4th quarter, Holdings Channel.com reports. The fund purchased 12,591 shares of the company’s stock, valued at approximately $142,000.

Other large investors also recently made changes to their positions in the company. Activest Wealth Management boosted its position in shares of DLocal by 265,600.0% in the fourth quarter. Activest Wealth Management now owns 2,657 shares of the company’s stock worth $30,000 after acquiring an additional 2,656 shares during the last quarter. R Squared Ltd acquired a new position in shares of DLocal in the 4th quarter valued at $82,000. SBI Securities Co. Ltd. purchased a new stake in shares of DLocal during the 4th quarter valued at $233,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of DLocal during the 4th quarter worth $300,000. Finally, PEAK6 Investments LLC purchased a new position in shares of DLocal in the 3rd quarter worth $488,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

DLocal Trading Down 6.1 %

NASDAQ:DLO opened at $8.33 on Monday. DLocal Limited has a 52 week low of $6.57 and a 52 week high of $16.79. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.01. The company has a market cap of $2.47 billion, a PE ratio of 20.83, a P/E/G ratio of 3.09 and a beta of 0.96. The business’s 50 day moving average is $11.32 and its two-hundred day moving average is $10.49.

DLocal (NASDAQ:DLO) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.15 EPS for the quarter, hitting analysts’ consensus estimates of $0.15. The firm had revenue of $204.49 million during the quarter, compared to the consensus estimate of $204.98 million. DLocal had a net margin of 16.35% and a return on equity of 32.59%. On average, analysts predict that DLocal Limited will post 0.47 EPS for the current year.

Wall Street Analyst Weigh In

DLO has been the subject of several research analyst reports. Barclays dropped their price target on DLocal from $10.00 to $9.00 and set an “equal weight” rating for the company in a research note on Monday, March 3rd. Morgan Stanley restated an “equal weight” rating and issued a $10.00 price target (down previously from $11.00) on shares of DLocal in a report on Friday, February 28th. The Goldman Sachs Group boosted their price objective on shares of DLocal from $9.00 to $10.00 and gave the stock a “neutral” rating in a research note on Thursday, February 13th. Susquehanna raised their target price on shares of DLocal from $14.00 to $16.00 and gave the company a “positive” rating in a research note on Wednesday, January 29th. Finally, JPMorgan Chase & Co. raised shares of DLocal from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $14.00 to $18.00 in a research report on Wednesday, February 26th. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, DLocal currently has an average rating of “Hold” and a consensus price target of $11.94.

DLocal Company Profile

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.