Cache Advisors LLC Acquires Shares of 441,918 Nu Holdings Ltd. (NYSE:NU)

Cache Advisors LLC bought a new stake in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 441,918 shares of the company's stock, valued at approximately $4,578,000. NU makes up about 1.7% of Cache Advisors LLC's investment portfolio, making the stock its 13th largest holding.

A number of other large investors have also recently modified their holdings of NU. Barclays PLC boosted its stake in NU by 55.7% during the third quarter. Barclays PLC now owns 1,005,022 shares of the company's stock worth $13,718,000 after acquiring an additional 359,733 shares in the last quarter. Park Avenue Securities LLC boosted its stake in NU by 57.7% during the fourth quarter. Park Avenue Securities LLC now owns 31,682 shares of the company's stock worth $328,000 after acquiring an additional 11,586 shares in the last quarter. Merit Financial Group LLC bought a new stake in NU during the fourth quarter worth about $159,000. HB Wealth Management LLC boosted its stake in NU by 11.7% during the fourth quarter. HB Wealth Management LLC now owns 17,668 shares of the company's stock worth $183,000 after acquiring an additional 1,852 shares in the last quarter. Finally, Crossmark Global Holdings Inc. boosted its stake in NU by 1.9% during the fourth quarter. Crossmark Global Holdings Inc. now owns 113,692 shares of the company's stock worth $1,178,000 after acquiring an additional 2,151 shares in the last quarter. Institutional investors own 84.02% of the company's stock.

NU Stock Performance

Shares of NU traded down $0.10 during mid-day trading on Thursday, hitting $12.11. 35,546,526 shares of the company traded hands, compared to its average volume of 43,604,872. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.44 and a current ratio of 0.44. The stock has a 50-day moving average price of $11.58 and a two-hundred day moving average price of $11.92. Nu Holdings Ltd. has a 1 year low of $9.01 and a 1 year high of $16.15. The stock has a market cap of $58.33 billion, a price-to-earnings ratio of 30.29, a P/E/G ratio of 0.48 and a beta of 1.11.

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

Wall Street Analyst Weigh In

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

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.