Polen Capital Management LLC Decreases Stock Holdings in DLocal Limited $DLO

Polen Capital Management LLC trimmed its position in DLocal Limited (NASDAQ:DLO) by 33.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 466,809 shares of the company’s stock after selling 232,570 shares during the quarter. Polen Capital Management LLC owned 0.15% of DLocal worth $6,601,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Stirlingshire Investments Inc. purchased a new position in DLocal during the 4th quarter valued at $235,000. LPL Financial LLC bought a new stake in shares of DLocal during the 4th quarter valued at $196,000. JPMorgan Chase & Co. boosted its holdings in shares of DLocal by 11.6% during the 4th quarter. JPMorgan Chase & Co. now owns 304,984 shares of the company’s stock valued at $4,312,000 after buying an additional 31,584 shares in the last quarter. State of Wyoming boosted its holdings in shares of DLocal by 57.9% during the 4th quarter. State of Wyoming now owns 48,103 shares of the company’s stock valued at $680,000 after buying an additional 17,640 shares in the last quarter. Finally, Main Management ETF Advisors LLC boosted its holdings in shares of DLocal by 1.0% during the 4th quarter. Main Management ETF Advisors LLC now owns 179,307 shares of the company’s stock valued at $2,535,000 after buying an additional 1,832 shares in the last quarter. 90.13% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other DLocal news, Director William Rodney Pruett acquired 20,000 shares of DLocal stock in a transaction that occurred on Friday, May 29th. The stock was bought at an average cost of $11.85 per share, for a total transaction of $237,000.00. Following the acquisition, the director owned 108,043 shares of the company’s stock, valued at $1,280,309.55. This represents a 22.72% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 45.44% of the company’s stock.

Analyst Upgrades and Downgrades

DLO has been the topic of a number of research reports. Wall Street Zen cut shares of DLocal from a “buy” rating to a “hold” rating in a report on Monday, May 18th. The Goldman Sachs Group restated a “buy” rating and set a $17.00 target price on shares of DLocal in a report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of DLocal in a research report on Monday, April 20th. Finally, Truist Financial lowered their price target on DLocal from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $16.63.

DLocal Stock Performance

Shares of DLocal stock opened at $12.34 on Friday. The stock has a market capitalization of $3.64 billion, a PE ratio of 19.59 and a beta of 0.99. DLocal Limited has a 52-week low of $9.75 and a 52-week high of $16.78. The company has a 50-day simple moving average of $12.67 and a two-hundred day simple moving average of $13.05.

DLocal (NASDAQ:DLO) last issued its earnings results on Thursday, May 14th. The company reported $0.17 earnings per share (EPS) 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 business had revenue of $335.86 million during the quarter, compared to analysts’ expectations of $331.20 million. During the same period in the previous year, the company earned $0.15 earnings per share. The business’s revenue for the quarter was up 54.9% compared to the same quarter last year. As a group, equities research analysts forecast that DLocal Limited will post 0.81 EPS for the current fiscal year.

DLocal Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th were issued a $0.1939 dividend. This represents a $0.78 annualized dividend and a yield of 6.3%. The ex-dividend date was Wednesday, May 27th. DLocal’s dividend payout ratio (DPR) is presently 125.40%.

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.