Sylebra Capital LLC Has $24.39 Million Holdings in Nu Holdings Ltd. (NYSE:NU)

Sylebra Capital LLC lowered its position in Nu Holdings Ltd. (NYSE:NU - Free Report) by 33.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,354,183 shares of the company's stock after selling 1,209,468 shares during the quarter. NU accounts for approximately 0.7% of Sylebra Capital LLC's holdings, making the stock its 22nd biggest holding. Sylebra Capital LLC's holdings in NU were worth $24,389,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. JT Stratford LLC grew its position in NU by 1.2% in the 4th quarter. JT Stratford LLC now owns 177,546 shares of the company's stock worth $1,839,000 after purchasing an additional 2,085 shares during the last quarter. Orion Capital Management LLC purchased a new stake in NU in the 4th quarter worth approximately $50,000. Adalta Capital Management LLC increased its stake in shares of NU by 27.5% during the 4th quarter. Adalta Capital Management LLC now owns 106,500 shares of the company's stock worth $1,103,000 after purchasing an additional 22,950 shares during the last quarter. Focus Partners Advisor Solutions LLC acquired a new position in shares of NU during the 4th quarter worth $157,000. Finally, PharVision Advisers LLC acquired a new position in shares of NU during the 4th quarter worth $399,000. Institutional investors and hedge funds own 84.02% of the company's stock.

NU Price Performance

Shares of NYSE:NU traded up $0.22 during midday trading on Wednesday, reaching $12.16. 23,341,213 shares of the company's stock were exchanged, compared to its average volume of 43,431,204. The company's 50 day simple moving average is $11.57 and its two-hundred day simple moving average is $11.92. The firm has a market capitalization of $58.57 billion, a PE ratio of 30.39, a price-to-earnings-growth ratio of 0.48 and a beta of 1.11. Nu Holdings Ltd. has a 12 month low of $9.01 and a 12 month high of $16.15. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.44 and a current ratio of 0.44.

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

Analysts Set New Price Targets

A number of research firms recently issued reports on NU. JPMorgan Chase & Co. upgraded shares of NU from a "neutral" rating to an "overweight" rating and lowered their target price for the company from $14.00 to $13.00 in a research note on Tuesday, April 8th. UBS Group lowered their target price on shares of NU from $15.50 to $15.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 18th. Susquehanna increased their price target on shares of NU from $14.00 to $15.00 and gave the company a "positive" rating in a report on Wednesday, May 14th. Finally, Barclays increased their price target on shares of NU from $15.00 to $16.00 and gave the company an "overweight" rating in a report on Friday, April 25th. One research 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 has a consensus rating of "Moderate Buy" and an average target price 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.