Nu Holdings Ltd. (NYSE:NU) Shares Acquired by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in Nu Holdings Ltd. (NYSE:NU - Free Report) by 375.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 131,821 shares of the company's stock after purchasing an additional 104,080 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in NU were worth $1,380,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Barclays PLC increased its position in NU by 55.7% during the 3rd quarter. Barclays PLC now owns 1,005,022 shares of the company's stock worth $13,718,000 after purchasing an additional 359,733 shares in the last quarter. Advisory Resource Group acquired a new stake in shares of NU in the third quarter worth $979,000. Morse Asset Management Inc raised its stake in shares of NU by 71.1% in the 3rd quarter. Morse Asset Management Inc now owns 58,786 shares of the company's stock valued at $802,000 after acquiring an additional 24,436 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of NU during the 3rd quarter valued at $148,000. Finally, Blankinship & Foster LLC purchased a new stake in NU during the 3rd quarter worth $3,212,000. Institutional investors and hedge funds own 84.02% of the company's stock.

NU Stock Up 0.9 %

Shares of NU traded up $0.11 during midday trading on Friday, hitting $12.45. The company had a trading volume of 41,759,108 shares, compared to its average volume of 41,240,138. 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 Holdings Ltd. has a 52 week low of $9.01 and a 52 week high of $16.15. The company's 50 day moving average price is $11.00 and its 200 day moving average price is $12.21. The stock has a market cap of $59.99 billion, a price-to-earnings ratio of 31.13, a PEG ratio of 0.48 and a beta of 1.14.

NU (NYSE:NU - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.12 EPS for the quarter, hitting analysts' consensus estimates of $0.12. The company had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $3.17 billion. NU had a return on equity of 30.99% and a net margin of 17.12%. On average, equities research analysts predict that Nu Holdings Ltd. will post 0.58 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. UBS Group cut their price objective on NU from $15.50 to $15.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 18th. Barclays lifted their price objective on shares of NU from $15.00 to $16.00 and gave the company an "overweight" rating in a research note on Friday, April 25th. Finally, JPMorgan Chase & Co. raised shares of NU from a "neutral" rating to an "overweight" rating and lowered their price target for the company from $14.00 to $13.00 in a report on Tuesday, April 8th. One 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's stock. According to MarketBeat.com, NU currently has an average rating of "Moderate Buy" and an average price target of $15.47.

NU Company 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.