Natixis Advisors LLC Has $20.61 Million Stake in Nu Holdings Ltd. (NYSE:NU)

Natixis Advisors LLC lifted its holdings in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) by 6.4% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,509,561 shares of the company's stock after acquiring an additional 90,253 shares during the period. Natixis Advisors LLC's holdings in NU were worth $20,606,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Massmutual Trust Co. FSB ADV grew its holdings in shares of NU by 287.9% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 1,916 shares of the company's stock worth $26,000 after purchasing an additional 1,422 shares during the period. GAMMA Investing LLC increased its position in NU by 56.2% during the second quarter. GAMMA Investing LLC now owns 2,264 shares of the company's stock worth $29,000 after buying an additional 815 shares during the period. Carolina Wealth Advisors LLC acquired a new position in NU during the third quarter worth approximately $44,000. ORG Partners LLC acquired a new position in shares of NU in the second quarter valued at approximately $54,000. Finally, Toth Financial Advisory Corp acquired a new position in shares of NU in the third quarter valued at approximately $55,000. Hedge funds and other institutional investors own 80.90% of the company's stock.

NU Stock Performance

NU stock traded down $0.20 on Tuesday, hitting $13.45. The company's stock had a trading volume of 34,145,141 shares, compared to its average volume of 32,422,773. The firm has a 50 day moving average of $14.47 and a two-hundred day moving average of $13.26. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.20. The stock has a market cap of $64.10 billion, a price-to-earnings ratio of 37.78, a price-to-earnings-growth ratio of 0.64 and a beta of 1.13. Nu Holdings Ltd. has a 1 year low of $8.04 and a 1 year high of $16.15.

Analyst Ratings Changes

NU has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their target price on NU from $14.50 to $15.00 and gave the stock a "neutral" rating in a research report on Monday, August 19th. KeyCorp increased their price objective on NU from $15.00 to $17.00 and gave the stock an "overweight" rating in a research note on Thursday, November 14th. Bank of America raised their price objective on NU from $12.80 to $15.00 and gave the stock a "neutral" rating in a research report on Thursday, September 12th. Barclays lifted their target price on NU from $15.00 to $17.00 and gave the company an "overweight" rating in a research note on Friday, August 16th. Finally, UBS Group downgraded NU from a "buy" rating to a "neutral" rating and set a $13.50 price target on the stock. in a research report on Friday, August 2nd. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, NU currently has a consensus rating of "Moderate Buy" and a consensus price target of $16.21.

NU Profile

Nu Holdings Ltd. provides digital banking platform and digital financial services in Brazil, Mexico, Colombia, and internationally. It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones.