Dynamo Administracao de Recursos Ltda. Sells 461,307 Shares of Nu Holdings Ltd. (NYSE:NU)

Dynamo Administracao de Recursos Ltda. reduced its position in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) by 69.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 207,630 shares of the company's stock after selling 461,307 shares during the period. NU comprises about 12.8% of Dynamo Administracao de Recursos Ltda.'s investment portfolio, making the stock its 2nd largest holding. Dynamo Administracao de Recursos Ltda.'s holdings in NU were worth $2,126,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. OneAscent Wealth Management LLC increased its holdings in NU by 6.5% in the 4th quarter. OneAscent Wealth Management LLC now owns 12,481 shares of the company's stock worth $129,000 after purchasing an additional 760 shares in the last quarter. Focus Partners Advisor Solutions LLC lifted its holdings in shares of NU by 5.5% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 15,974 shares of the company's stock worth $164,000 after purchasing an additional 838 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of NU by 4.9% in the 4th quarter. Blue Trust Inc. now owns 21,784 shares of the company's stock worth $226,000 after acquiring an additional 1,011 shares during the last quarter. Perigon Wealth Management LLC grew its stake in shares of NU by 8.4% in the 1st quarter. Perigon Wealth Management LLC now owns 14,641 shares of the company's stock worth $150,000 after acquiring an additional 1,136 shares in the last quarter. Finally, Quarry LP lifted its position in shares of NU by 15.3% during the 4th quarter. Quarry LP now owns 9,095 shares of the company's stock worth $94,000 after buying an additional 1,205 shares in the last quarter. Institutional investors own 84.02% of the company's stock.

NU Stock Down 5.2%

Shares of NU stock traded down $0.66 during trading on Thursday, reaching $12.10. The company's stock had a trading volume of 36,490,685 shares, compared to its average volume of 44,659,420. The stock's 50-day moving average price is $11.86 and its 200 day moving average price is $11.76. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.44 and a quick ratio of 0.44. Nu Holdings Ltd. has a 1-year low of $9.01 and a 1-year high of $16.15. The company has a market capitalization of $58.31 billion, a price-to-earnings ratio of 30.25, a P/E/G ratio of 0.48 and a beta of 1.04.

NU (NYSE:NU - Get Free Report) last announced its earnings results on Tuesday, May 13th. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.01). The business had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.09 billion. NU had a return on equity of 30.99% and a net margin of 17.12%. During the same quarter last year, the company posted $0.09 EPS. On average, research analysts anticipate that Nu Holdings Ltd. will post 0.58 EPS for the current year.

Analyst Ratings Changes

NU has been the subject of several research reports. JPMorgan Chase & Co. raised NU from a "neutral" rating to an "overweight" rating and reduced their price objective for the company from $14.00 to $13.00 in a report on Tuesday, April 8th. UBS Group lowered their price target on NU from $15.50 to $15.00 and set a "neutral" rating for the company in a research report on Tuesday, February 18th. Barclays increased their target price on NU from $15.00 to $16.00 and gave the stock an "overweight" rating in a research report on Friday, April 25th. Finally, Susquehanna upped their price target on shares of NU from $14.00 to $15.00 and gave the stock a "positive" rating in a research note on Wednesday, May 14th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $15.13.

NU 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.