Capital International Investors Has $160.97 Million Stake in Nu Holdings Ltd. (NYSE:NU)

Capital International Investors reduced its holdings in Nu Holdings Ltd. (NYSE:NU - Free Report) by 41.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,535,755 shares of the company's stock after selling 11,072,951 shares during the period. Capital International Investors owned approximately 0.33% of NU worth $160,970,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Baillie Gifford & Co. raised its holdings in NU by 7.1% in the 4th quarter. Baillie Gifford & Co. now owns 224,979,342 shares of the company's stock valued at $2,330,786,000 after acquiring an additional 14,875,891 shares in the last quarter. Norges Bank acquired a new position in shares of NU in the fourth quarter valued at $447,762,000. Geode Capital Management LLC lifted its position in NU by 3.6% in the fourth quarter. Geode Capital Management LLC now owns 33,777,551 shares of the company's stock worth $348,774,000 after purchasing an additional 1,179,748 shares during the period. Kontiki Capital Management HK Ltd. lifted its position in NU by 14.9% in the fourth quarter. Kontiki Capital Management HK Ltd. now owns 21,110,025 shares of the company's stock worth $218,700,000 after purchasing an additional 2,741,700 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its stake in NU by 5.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 21,044,971 shares of the company's stock worth $218,026,000 after buying an additional 1,067,992 shares in the last quarter. 84.02% of the stock is currently owned by institutional investors and hedge funds.

NU Price Performance

Shares of NU stock traded up $0.26 during trading on Thursday, reaching $11.75. The company's stock had a trading volume of 57,270,410 shares, compared to its average volume of 40,601,931. The stock has a 50-day moving average price of $11.05 and a two-hundred day moving average price of $12.27. The stock has a market capitalization of $56.00 billion, a P/E ratio of 29.38, a price-to-earnings-growth ratio of 0.48 and a beta of 1.14. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.20. Nu Holdings Ltd. has a one year low of $9.01 and a one year high of $16.15.

NU (NYSE:NU - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.12 EPS for the quarter, meeting the consensus estimate of $0.12. NU had a net margin of 17.12% and a return on equity of 30.99%. The business had revenue of $2.99 billion for the quarter, compared to analysts' expectations of $3.17 billion. As a group, sell-side analysts anticipate that Nu Holdings Ltd. will post 0.58 EPS for the current fiscal year.

Analysts Set New Price Targets

NU has been the subject of a number of analyst reports. UBS Group reduced their price objective on shares of NU from $15.50 to $15.00 and set a "neutral" rating for the company in a report on Tuesday, February 18th. Barclays decreased their price objective on NU from $17.00 to $15.00 and set an "overweight" rating on the stock in a report on Monday, February 24th. Finally, JPMorgan Chase & Co. raised NU from a "neutral" rating to an "overweight" rating and dropped their target price for the stock from $14.00 to $13.00 in a report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $15.36.

NU Company 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.