Baader Bank Aktiengesellschaft Has $3.68 Million Stake in Nu Holdings Ltd. (NYSE:NU)

Baader Bank Aktiengesellschaft increased its holdings in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) by 19.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 355,332 shares of the company's stock after acquiring an additional 58,183 shares during the quarter. Baader Bank Aktiengesellschaft's holdings in NU were worth $3,680,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Massmutual Trust Co. FSB ADV boosted its holdings in NU by 287.9% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 1,916 shares of the company's stock valued at $26,000 after purchasing an additional 1,422 shares during the period. Piscataqua Savings Bank lifted its position in shares of NU by 500.0% during the 4th quarter. Piscataqua Savings Bank now owns 3,000 shares of the company's stock valued at $31,000 after acquiring an additional 2,500 shares during the period. Carolina Wealth Advisors LLC acquired a new stake in shares of NU during the 3rd quarter worth $44,000. Toth Financial Advisory Corp acquired a new position in NU in the third quarter valued at about $55,000. Finally, GAMMA Investing LLC raised its stake in NU by 81.9% in the third quarter. GAMMA Investing LLC now owns 4,119 shares of the company's stock valued at $56,000 after purchasing an additional 1,855 shares in the last quarter. 84.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on NU shares. Susquehanna raised their target price on shares of NU from $16.00 to $18.00 and gave the company a "positive" rating in a report on Thursday, November 14th. The Goldman Sachs Group lifted their price objective on shares of NU from $17.00 to $19.00 and gave the company a "buy" rating in a research note on Thursday, November 14th. Citigroup cut NU from a "neutral" rating to a "sell" rating and cut their target price for the stock from $14.60 to $11.00 in a research note on Monday, December 2nd. KeyCorp lifted their price target on NU from $15.00 to $17.00 and gave the company an "overweight" rating in a research note on Thursday, November 14th. Finally, Itau BBA Securities downgraded NU from an "outperform" rating to a "market perform" rating in a research report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $15.63.

NU Trading Down 1.5 %

Shares of NU stock traded down $0.21 on Friday, hitting $13.24. The stock had a trading volume of 48,201,532 shares, compared to its average volume of 29,780,444. The stock has a 50 day moving average of $11.64 and a 200 day moving average of $13.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.44 and a current ratio of 0.44. Nu Holdings Ltd. has a twelve month low of $8.58 and a twelve month high of $16.15. The firm has a market capitalization of $63.08 billion, a P/E ratio of 36.76, a PEG ratio of 0.45 and a beta of 1.05.

NU Profile

Nu Holdings Ltd. is a holding company, which engages in the provision of digital banking services. The company was founded by David Vélez Osorno, Cristina Helena Zingaretti Junqueira, and Adam Edward Wible on February 26, 2016 and is headquartered in George Town, Cayman Islands.