Jefferies Financial Group Inc. Takes $1.34 Million Position in Nu Holdings Ltd. (NYSE:NU)

Jefferies Financial Group Inc. acquired a new position in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 129,103 shares of the company's stock, valued at approximately $1,338,000.

Other institutional investors also recently modified their holdings of the company. Orion Capital Management LLC bought a new stake in shares of NU during the 4th quarter worth approximately $50,000. TD Waterhouse Canada Inc. increased its position in 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 acquiring an additional 3,215 shares during the period. Campbell Capital Management Inc. acquired a new position in NU in the 4th quarter valued at approximately $52,000. Cliffwater LLC bought a new stake in shares of NU in the 4th quarter valued at $57,000. Finally, Whipplewood Advisors LLC bought a new stake in shares of NU in the 4th quarter valued at $62,000. 84.02% of the stock is currently owned by institutional investors and hedge funds.

NU Stock Up 0.2%

NU stock traded up $0.02 during trading hours on Friday, hitting $12.01. The stock had a trading volume of 64,390,394 shares, compared to its average volume of 43,916,221. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $57.87 billion, a P/E ratio of 30.03, a price-to-earnings-growth ratio of 0.48 and a beta of 1.11. Nu Holdings Ltd. has a 12-month low of $9.01 and a 12-month high of $16.15. The stock's 50-day moving average price is $11.60 and its 200-day moving average price is $11.86.

NU (NYSE:NU - Get Free Report) last issued 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 firm had revenue of $3.25 billion during the quarter, compared to analysts' expectations of $3.09 billion. NU had a return on equity of 30.99% and a net margin of 17.12%. During the same period last year, the firm posted $0.09 earnings per share. Equities research analysts anticipate that Nu Holdings Ltd. will post 0.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.