Johns Hopkins University Invests $9.32 Million in Nu Holdings Ltd. (NYSE:NU)

Johns Hopkins University bought a new position in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 910,502 shares of the company's stock, valued at approximately $9,324,000. NU accounts for approximately 0.4% of Johns Hopkins University's holdings, making the stock its 13th largest position.

Several other hedge funds have also recently bought and sold shares of NU. NBC Securities Inc. raised its holdings in 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 buying an additional 2,860 shares during the period. TFC Financial Management Inc. grew its stake in shares of NU by 74.1% during the 1st quarter. TFC Financial Management Inc. now owns 3,114 shares of the company's stock worth $32,000 after acquiring an additional 1,325 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake 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 in the last quarter. Farther Finance Advisors LLC grew its stake in shares of NU by 128.7% during the 1st quarter. Farther Finance Advisors LLC now owns 4,250 shares of the company's stock worth $44,000 after acquiring an additional 2,392 shares in the last quarter. Finally, Orion Capital Management LLC bought a new position in shares of NU during the 4th quarter worth approximately $50,000. 84.02% of the stock is currently owned by institutional investors and hedge funds.

NU Stock Performance

NU stock traded up $0.16 during midday trading on Wednesday, reaching $12.95. 49,967,541 shares of the company were exchanged, compared to its average volume of 50,288,858. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.54 and a quick ratio of 0.54. The business has a 50-day moving average price of $12.73 and a two-hundred day moving average price of $12.06. Nu Holdings Ltd. has a one year low of $9.01 and a one year high of $16.15. The firm has a market capitalization of $62.42 billion, a price-to-earnings ratio of 30.13, a price-to-earnings-growth ratio of 0.73 and a beta of 1.07.

NU (NYSE:NU - Get Free Report) last released 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). NU had a return on equity of 30.77% and a net margin of 17.88%. The company had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same period last year, the firm earned $0.09 earnings per share. Equities research analysts forecast that Nu Holdings Ltd. will post 0.58 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NU shares. Morgan Stanley reissued an "overweight" rating on shares of NU in a research note on Friday, June 13th. Susquehanna raised their target price 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. Barclays raised their target price on shares of NU from $15.00 to $16.00 and gave the company an "overweight" rating in a research note on Friday, April 25th. Finally, JPMorgan Chase & Co. raised their target price on shares of NU from $14.50 to $16.00 and gave the company an "overweight" rating in a research note on Monday, June 30th. One equities research 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, the company currently has an average rating of "Moderate Buy" and an average target price of $15.50.

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.