Sumitomo Mitsui Trust Group Inc. Has $272.74 Million Position in Nu Holdings Ltd. $NU

Posted by Stanley Muller on Jul 9th, 2026

Sumitomo Mitsui Trust Group Inc. raised its position in Nu Holdings Ltd. (NYSE:NU – Free Report) by 48.0% in the 1st quarter, Holdings Channel reports. The firm owned 18,979,529 shares of the company’s stock after buying an additional 6,159,298 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in NU were worth $272,736,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of NU during the fourth quarter worth about $763,792,000. Larch Capital Partners LLC acquired a new position in shares of NU in the 4th quarter valued at approximately $605,829,000. Lone Pine Capital LLC acquired a new position in shares of NU in the 3rd quarter valued at approximately $406,757,000. Jennison Associates LLC grew its position in shares of NU by 82.6% in the 4th quarter. Jennison Associates LLC now owns 39,370,791 shares of the company’s stock valued at $659,067,000 after purchasing an additional 17,809,644 shares during the period. Finally, Atmos Capital Gestao DE Recursos LTDA. increased its stake in NU by 109.1% during the 4th quarter. Atmos Capital Gestao DE Recursos LTDA. now owns 29,813,810 shares of the company’s stock worth $499,083,000 after purchasing an additional 15,552,726 shares in the last quarter. 84.02% of the stock is currently owned by institutional investors and hedge funds.

NU Trading Down 1.9%

NYSE:NU opened at $13.35 on Thursday. The company has a market cap of $64.80 billion, a P/E ratio of 20.53, a price-to-earnings-growth ratio of 0.54 and a beta of 0.95. Nu Holdings Ltd. has a twelve month low of $11.20 and a twelve month high of $18.98. The business has a 50 day moving average price of $12.96 and a two-hundred day moving average price of $14.91. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.36.

NU (NYSE:NU – Get Free Report) last posted its quarterly earnings data on Friday, May 15th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). The business had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.06 billion. NU had a net margin of 18.20% and a return on equity of 30.91%. As a group, analysts expect that Nu Holdings Ltd. will post 0.83 EPS for the current fiscal year.

NU declared that its Board of Directors has authorized a stock buyback plan on Thursday, June 4th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

NU has been the topic of several research analyst reports. Needham & Company LLC began coverage on shares of NU in a report on Friday, June 26th. They set a “buy” rating and a $17.00 target price on the stock. CICC Research assumed coverage on shares of NU in a report on Tuesday, April 14th. They issued an “outperform” rating and a $18.00 price target for the company. Weiss Ratings lowered shares of NU from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. boosted their price objective on shares of NU from $18.00 to $20.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, UBS Group reduced their target price on shares of NU from $18.10 to $16.90 and set a “buy” rating for the company in a research note on Wednesday, May 20th. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.24.

Check Out Our Latest Analysis on NU

Insiders Place Their Bets

In other NU news, Director Anita M. Sands sold 21,000 shares of NU stock in a transaction on Friday, May 15th. The shares were sold at an average price of $12.24, for a total value of $257,040.00. Following the sale, the director directly owned 162,150 shares in the company, valued at approximately $1,984,716. The trade was a 11.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.20% of the company’s stock.

NU Profile

(Free Report)

Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.

Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.