AMS Capital Ltda Grows Holdings in Nu Holdings Ltd. (NYSE:NU)

AMS Capital Ltda increased its stake in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) by 42.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,088,292 shares of the company's stock after buying an additional 625,315 shares during the period. NU accounts for about 8.8% of AMS Capital Ltda's portfolio, making the stock its 5th largest holding. AMS Capital Ltda's holdings in NU were worth $21,384,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of NU. NBC Securities Inc. lifted its holdings in shares of NU by 286,000.0% during the 1st quarter. NBC Securities Inc. now owns 2,861 shares of the company's stock worth $29,000 after acquiring an additional 2,860 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of NU by 51.4% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 3,815 shares of the company's stock worth $39,000 after acquiring an additional 1,295 shares during the period. Orion Capital Management LLC bought a new stake in shares of NU during the 4th quarter worth approximately $50,000. TD Waterhouse Canada Inc. lifted its holdings in shares of NU by 190.8% during the 4th quarter. TD Waterhouse Canada Inc. now owns 4,900 shares of the company's stock worth $51,000 after acquiring an additional 3,215 shares during the period. Finally, Campbell Capital Management Inc. bought a new stake in shares of NU during the 4th quarter worth approximately $52,000. Institutional investors own 84.02% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on NU. UBS Group lowered their price objective on shares of NU from $15.50 to $15.00 and set a "neutral" rating for the company in a research report on Tuesday, February 18th. Barclays upped their price objective on shares of NU from $15.00 to $16.00 and gave the stock an "overweight" rating in a research report on Friday, April 25th. JPMorgan Chase & Co. upgraded shares of NU from a "neutral" rating to an "overweight" rating and lowered their price objective for the stock from $14.00 to $13.00 in a research report on Tuesday, April 8th. Finally, Susquehanna upped their price objective on shares of NU from $14.00 to $15.00 and gave the stock a "positive" rating in a research report on Wednesday, May 14th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $15.13.

NU Trading Up 1.3%

Shares of NU traded up $0.16 during trading hours on Thursday, hitting $12.10. 51,091,677 shares of the stock were exchanged, compared to its average volume of 44,148,269. Nu Holdings Ltd. has a fifty-two week low of $9.01 and a fifty-two week high of $16.15. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.44 and a quick ratio of 0.44. The business has a 50-day moving average of $11.70 and a 200-day moving average of $11.79. The firm has a market capitalization of $58.28 billion, a P/E ratio of 30.24, a price-to-earnings-growth ratio of 0.48 and a beta of 1.04.

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

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.