DLocal Limited (NASDAQ:DLO) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of DLocal Limited (NASDAQ:DLO) have earned a consensus rating of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $11.81.

A number of equities analysts have issued reports on DLO shares. Barclays upped their target price on DLocal from $9.00 to $10.00 and gave the company an “equal weight” rating in a research report on Friday, January 17th. The Goldman Sachs Group lifted their price target 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. Finally, Susquehanna increased their price objective 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.

DLocal Trading Down 2.3 %

NASDAQ:DLO opened at $12.60 on Monday. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of 31.49, a price-to-earnings-growth ratio of 3.21 and a beta of 0.90. DLocal has a one year low of $6.57 and a one year high of $18.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.54 and a current ratio of 1.54. The business’s 50-day simple moving average is $12.19 and its 200 day simple moving average is $10.21.

Institutional Trading of DLocal

A number of institutional investors and hedge funds have recently modified their holdings of DLO. Vident Advisory LLC raised its position in shares of DLocal by 6.3% during the 4th quarter. Vident Advisory LLC now owns 15,622 shares of the company’s stock worth $176,000 after purchasing an additional 929 shares during the period. Mariner LLC grew its stake in DLocal by 6.0% during the 4th quarter. Mariner LLC now owns 24,257 shares of the company’s stock worth $273,000 after buying an additional 1,365 shares during the last quarter. Lane Generational LLC increased its position in DLocal by 0.4% in the fourth quarter. Lane Generational LLC now owns 412,233 shares of the company’s stock worth $4,642,000 after buying an additional 1,717 shares during the period. Wells Fargo & Company MN lifted its stake in DLocal by 398.4% in the fourth quarter. Wells Fargo & Company MN now owns 2,248 shares of the company’s stock valued at $25,000 after buying an additional 1,797 shares during the last quarter. Finally, Activest Wealth Management boosted its holdings in shares of DLocal by 265,600.0% during the fourth quarter. Activest Wealth Management now owns 2,657 shares of the company’s stock valued at $30,000 after acquiring an additional 2,656 shares during the period. 90.13% of the stock is owned by institutional investors and hedge funds.

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.