Constellation Investimentos e Participacoes Ltda lessened its position in Nu Holdings Ltd. (NYSE:NU - Free Report) by 68.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 769,729 shares of the company's stock after selling 1,686,983 shares during the period. NU makes up about 22.0% of Constellation Investimentos e Participacoes Ltda's investment portfolio, making the stock its 2nd biggest holding. Constellation Investimentos e Participacoes Ltda's holdings in NU were worth $7,882,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. OneAscent Wealth Management LLC boosted its holdings in shares of NU by 6.5% in the fourth quarter. OneAscent Wealth Management LLC now owns 12,481 shares of the company's stock valued at $129,000 after buying an additional 760 shares during the period. Blue Trust Inc. boosted its holdings in NU by 4.9% during the fourth quarter. Blue Trust Inc. now owns 21,784 shares of the company's stock worth $226,000 after purchasing an additional 1,011 shares during the last quarter. Quarry LP boosted its holdings in NU by 15.3% during the fourth quarter. Quarry LP now owns 9,095 shares of the company's stock worth $94,000 after purchasing an additional 1,205 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in NU by 51.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 3,815 shares of the company's stock worth $39,000 after purchasing an additional 1,295 shares during the last quarter. Finally, Yousif Capital Management LLC boosted its holdings in NU by 1.5% during the first quarter. Yousif Capital Management LLC now owns 92,920 shares of the company's stock worth $952,000 after purchasing an additional 1,416 shares during the last quarter. Institutional investors own 84.02% of the company's stock.
NU Price Performance
Shares of NU opened at $12.38 on Tuesday. The firm has a market capitalization of $59.63 billion, a PE ratio of 30.94, a PEG ratio of 0.48 and a beta of 1.04. The company's 50-day moving average is $12.00 and its 200-day moving average is $11.70. 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.
NU (NYSE:NU - Get Free Report) last issued 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 net margin of 17.12% and a return on equity of 30.99%. The company had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.09 billion. During the same period in the previous year, the company earned $0.09 earnings per share. Equities analysts forecast that Nu Holdings Ltd. will post 0.58 EPS for the current year.
Analyst Ratings Changes
NU has been the topic of several analyst reports. Barclays upped their price target 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. Morgan Stanley reaffirmed an "overweight" rating on shares of NU in a research report on Friday. Susquehanna upped their price target 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. UBS Group dropped their price target on shares of NU from $15.50 to $15.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 18th. Finally, JPMorgan Chase & Co. raised shares of NU from a "neutral" rating to an "overweight" rating and dropped their price target for the stock from $14.00 to $13.00 in a research report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $15.13.
Check Out Our Latest Analysis on NU
NU Profile
(
Free Report)
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.
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