Teza Capital Management LLC Invests $636,000 in Nu Holdings Ltd. (NYSE:NU)

Teza Capital Management LLC purchased a new stake in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 61,388 shares of the company's stock, valued at approximately $636,000.

Several other hedge funds have also modified their holdings of NU. Piscataqua Savings Bank lifted its position in shares of NU by 500.0% during the fourth quarter. Piscataqua Savings Bank now owns 3,000 shares of the company's stock valued at $31,000 after buying an additional 2,500 shares during the last quarter. TD Waterhouse Canada Inc. raised its position in shares of NU by 190.8% in the 4th quarter. TD Waterhouse Canada Inc. now owns 4,900 shares of the company's stock valued at $51,000 after purchasing an additional 3,215 shares during the last quarter. Campbell Capital Management Inc. purchased a new position in shares of NU in the 4th quarter valued at approximately $52,000. Cliffwater LLC purchased a new position in shares of NU in the 4th quarter valued at approximately $57,000. Finally, Whipplewood Advisors LLC purchased a new position in shares of NU in the 4th quarter valued at approximately $62,000. 84.02% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Susquehanna increased their price objective on shares of NU from $14.00 to $15.00 and gave the company a "positive" rating in a research report on Wednesday, May 14th. JPMorgan Chase & Co. raised shares of NU from a "neutral" rating to an "overweight" rating and decreased their price objective for the company from $14.00 to $13.00 in a research report on Tuesday, April 8th. Barclays increased their price objective on shares of NU from $15.00 to $16.00 and gave the company an "overweight" rating in a research report on Friday, April 25th. Finally, UBS Group cut their price target on shares of NU from $15.50 to $15.00 and set a "neutral" rating on the stock in a report on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $15.13.

NU Stock Performance

NYSE:NU traded up $0.27 during midday trading on Thursday, hitting $12.26. The company's stock had a trading volume of 57,779,774 shares, compared to its average volume of 43,165,509. The firm has a market cap of $59.08 billion, a P/E ratio of 30.65, a P/E/G ratio of 0.48 and a beta of 1.11. Nu Holdings Ltd. has a fifty-two week low of $9.01 and a fifty-two week high of $16.15. The firm's 50 day moving average is $11.54 and its 200-day moving average is $12.00. 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 (NYSE:NU - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.12 by ($0.01). The firm 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 period in the previous year, the business earned $0.09 EPS. Equities analysts anticipate that Nu Holdings Ltd. will post 0.58 earnings per share for the current fiscal year.

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.