Vontobel Holding Ltd. Has $18.57 Million Holdings in Nu Holdings Ltd. (NYSE:NU)

Vontobel Holding Ltd. decreased its holdings in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) by 12.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,791,951 shares of the company's stock after selling 264,765 shares during the quarter. Vontobel Holding Ltd.'s holdings in NU were worth $18,565,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. LRI Investments LLC increased its holdings in shares of NU by 3.1% during the 3rd quarter. LRI Investments LLC now owns 24,983 shares of the company's stock valued at $341,000 after acquiring an additional 743 shares during the last quarter. Coldstream Capital Management Inc. grew its holdings in NU by 3.1% during the third quarter. Coldstream Capital Management Inc. now owns 26,517 shares of the company's stock valued at $362,000 after purchasing an additional 801 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in NU by 1.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 69,110 shares of the company's stock valued at $716,000 after purchasing an additional 1,000 shares during the last quarter. Arkfeld Wealth Strategies L.L.C. grew its stake in NU by 2.0% in the 4th quarter. Arkfeld Wealth Strategies L.L.C. now owns 52,245 shares of the company's stock valued at $579,000 after buying an additional 1,000 shares during the last quarter. Finally, Perigon Wealth Management LLC grew its stake in NU by 9.9% in the 4th quarter. Perigon Wealth Management LLC now owns 13,505 shares of the company's stock valued at $152,000 after buying an additional 1,216 shares during the last quarter. Institutional investors own 84.02% of the company's stock.

NU Price Performance

NYSE NU traded down $0.17 during trading on Tuesday, reaching $13.54. 21,452,005 shares of the company traded hands, compared to its average volume of 34,684,055. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.44 and a current ratio of 0.44. The stock's 50 day moving average price is $11.86 and its two-hundred day moving average price is $13.21. The company has a market cap of $64.51 billion, a price-to-earnings ratio of 37.60, a P/E/G ratio of 0.49 and a beta of 1.10. Nu Holdings Ltd. has a 1-year low of $9.67 and a 1-year high of $16.15.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on NU shares. UBS Group lowered their price target on NU from $15.50 to $15.00 and set a "neutral" rating on the stock in a research report on Tuesday. Susquehanna raised their price target on NU from $16.00 to $18.00 and gave the company a "positive" rating in a research report on Thursday, November 14th. The Goldman Sachs Group raised their target price on NU from $17.00 to $19.00 and gave the company a "buy" rating in a report on Thursday, November 14th. Citigroup lowered NU from a "neutral" rating to a "sell" rating and lowered their target price for the company from $14.60 to $11.00 in a report on Monday, December 2nd. Finally, Itau BBA Securities downgraded shares of NU from an "outperform" rating to a "market perform" rating in a research note on Thursday, November 14th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, NU presently has an average rating of "Hold" and a consensus price target of $15.80.

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.