Nu Holdings Ltd. (NYSE:NU) Holdings Boosted by AMS Capital Ltda

AMS Capital Ltda raised its stake in shares of Nu Holdings Ltd. (NYSE:NU) by 41.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,462,977 shares of the company’s stock after purchasing an additional 431,215 shares during the period. NU accounts for 7.6% of AMS Capital Ltda’s holdings, making the stock its 5th biggest position. AMS Capital Ltda’s holdings in NU were worth $15,156,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Piscataqua Savings Bank lifted its holdings in NU by 500.0% during the fourth quarter. Piscataqua Savings Bank now owns 3,000 shares of the company’s stock valued at $31,000 after purchasing an additional 2,500 shares in the last quarter. Carolina Wealth Advisors LLC purchased a new position in NU during the third quarter valued at $44,000. Toth Financial Advisory Corp purchased a new position in NU during the third quarter valued at $55,000. GAMMA Investing LLC lifted its stake in shares of NU by 81.9% in the third quarter. GAMMA Investing LLC now owns 4,119 shares of the company’s stock worth $56,000 after buying an additional 1,855 shares in the last quarter. Finally, Huntington National Bank lifted its stake in shares of NU by 86.3% in the third quarter. Huntington National Bank now owns 4,601 shares of the company’s stock worth $63,000 after buying an additional 2,131 shares in the last quarter. 84.02% of the stock is owned by hedge funds and other institutional investors.

NU Price Performance

Shares of NU stock opened at $13.79 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.44 and a quick ratio of 0.44. The firm’s 50-day moving average is $11.79 and its two-hundred day moving average is $13.17. Nu Holdings Ltd. has a 12 month low of $9.67 and a 12 month high of $16.15. The company has a market capitalization of $65.70 billion, a PE ratio of 38.29, a price-to-earnings-growth ratio of 0.49 and a beta of 1.10.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on NU shares. Itau BBA Securities downgraded shares of NU from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 14th. Susquehanna raised their price target on shares of NU from $16.00 to $18.00 and gave the stock a “positive” rating in a research note on Thursday, November 14th. The Goldman Sachs Group raised their price target on shares of NU from $17.00 to $19.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Citigroup downgraded shares of NU from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $14.60 to $11.00 in a research note on Monday, December 2nd. Finally, KeyCorp raised their price target on shares of NU from $15.00 to $17.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. One 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. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $15.63.

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.