Amundi lifted its position in shares of StoneCo Ltd. (NASDAQ:STNE – Free Report) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 313,317 shares of the company’s stock after purchasing an additional 9,263 shares during the period. Amundi’s holdings in StoneCo were worth $2,497,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in STNE. Point72 Asset Management L.P. lifted its position in shares of StoneCo by 36.2% during the third quarter. Point72 Asset Management L.P. now owns 11,422,475 shares of the company’s stock valued at $128,617,000 after purchasing an additional 3,035,530 shares in the last quarter. State Street Corp lifted its position in shares of StoneCo by 51.0% during the third quarter. State Street Corp now owns 7,972,037 shares of the company’s stock valued at $89,765,000 after purchasing an additional 2,692,558 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of StoneCo by 36.0% during the third quarter. Geode Capital Management LLC now owns 5,190,344 shares of the company’s stock valued at $58,302,000 after purchasing an additional 1,374,788 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of StoneCo by 327.4% during the third quarter. JPMorgan Chase & Co. now owns 1,580,679 shares of the company’s stock valued at $17,798,000 after purchasing an additional 1,210,817 shares in the last quarter. Finally, Citigroup Inc. lifted its position in shares of StoneCo by 584.9% during the third quarter. Citigroup Inc. now owns 1,339,972 shares of the company’s stock valued at $15,088,000 after purchasing an additional 1,144,341 shares in the last quarter. 73.19% of the stock is owned by institutional investors.
StoneCo Price Performance
STNE opened at $9.72 on Monday. The firm has a 50-day moving average price of $9.09 and a 200-day moving average price of $10.01. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of 7.59, a PEG ratio of 0.41 and a beta of 2.33. StoneCo Ltd. has a twelve month low of $7.72 and a twelve month high of $17.93. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.47.
Analyst Ratings Changes
Check Out Our Latest Analysis on STNE
StoneCo Company Profile
StoneCo Ltd. provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. It distributes its solutions, principally through proprietary Stone Hubs, which offer hyper-local sales and services; and sells solutions to brick-and-mortar and digital merchants through sales team.
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