Atmos Capital Gestao DE Recursos LTDA. Sells 7,224,453 Shares of Nu Holdings Ltd. (NYSE:NU)

Atmos Capital Gestao DE Recursos LTDA. reduced its stake in Nu Holdings Ltd. (NYSE:NU - Free Report) by 61.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,606,283 shares of the company's stock after selling 7,224,453 shares during the quarter. NU comprises approximately 10.3% of Atmos Capital Gestao DE Recursos LTDA.'s portfolio, making the stock its 6th biggest holding. Atmos Capital Gestao DE Recursos LTDA. owned approximately 0.10% of NU worth $47,721,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in NU. Baader Bank Aktiengesellschaft grew its position in shares of NU by 19.6% in the fourth quarter. Baader Bank Aktiengesellschaft now owns 355,332 shares of the company's stock valued at $3,680,000 after purchasing an additional 58,183 shares during the period. Baillie Gifford & Co. grew its holdings in NU by 7.1% in the fourth quarter. Baillie Gifford & Co. now owns 224,979,342 shares of the company's stock valued at $2,330,786,000 after purchasing an additional 14,875,891 shares during the period. Franklin Resources Inc. increased its position in NU by 5.7% during the third quarter. Franklin Resources Inc. now owns 5,060,504 shares of the company's stock worth $74,288,000 after purchasing an additional 271,903 shares during the last quarter. Blankinship & Foster LLC purchased a new position in NU during the third quarter worth approximately $3,212,000. Finally, Barclays PLC boosted its holdings in shares of NU by 55.7% in the 3rd quarter. Barclays PLC now owns 1,005,022 shares of the company's stock valued at $13,718,000 after purchasing an additional 359,733 shares during the last quarter. Institutional investors and hedge funds own 84.02% of the company's stock.

NU Stock Up 0.0 %

Shares of NYSE NU traded up $0.00 during trading on Monday, reaching $12.01. 16,417,779 shares of the stock were exchanged, compared to its average volume of 52,006,613. The business's 50-day moving average price is $10.98 and its 200 day moving average price is $12.23. The company has a market capitalization of $57.25 billion, a price-to-earnings ratio of 30.03, a price-to-earnings-growth ratio of 0.48 and a beta of 1.14. Nu Holdings Ltd. has a twelve month low of $9.01 and a twelve month high of $16.15. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.20.

NU (NYSE:NU - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.12 EPS for the quarter, hitting analysts' consensus estimates of $0.12. The firm had revenue of $2.99 billion for the quarter, compared to analyst estimates of $3.17 billion. NU had a net margin of 17.12% and a return on equity of 30.99%. As a group, equities analysts forecast that Nu Holdings Ltd. will post 0.58 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. UBS Group cut their target price on NU from $15.50 to $15.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 18th. JPMorgan Chase & Co. raised shares of 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 research report on Tuesday, April 8th. Finally, Barclays lifted their price target on shares of NU from $15.00 to $16.00 and gave the company an "overweight" rating in a research report on Friday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, NU has an average rating of "Moderate Buy" and a consensus price target of $15.47.

About NU

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.