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

Johns Hopkins University acquired a new stake in Nu Holdings Ltd. (NYSE:NU - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 910,502 shares of the company's stock, valued at approximately $9,324,000. NU makes up approximately 0.4% of Johns Hopkins University's holdings, making the stock its 13th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. OneAscent Wealth Management LLC lifted its holdings in shares of NU by 6.5% during the fourth quarter. OneAscent Wealth Management LLC now owns 12,481 shares of the company's stock valued at $129,000 after acquiring an additional 760 shares during the period. Perigon Wealth Management LLC lifted its holdings in shares of NU by 8.4% during the first quarter. Perigon Wealth Management LLC now owns 14,641 shares of the company's stock valued at $150,000 after acquiring an additional 1,136 shares during the period. Quarry LP increased its holdings in shares of NU by 15.3% during the fourth quarter. Quarry LP now owns 9,095 shares of the company's stock worth $94,000 after buying an additional 1,205 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of 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 buying an additional 1,295 shares in the last quarter. Finally, TFC Financial Management Inc. boosted its holdings in shares of NU by 74.1% in 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. 84.02% of the stock is owned by institutional investors.

NU Trading Down 1.6%

NU stock traded down $0.21 during midday trading on Thursday, reaching $12.76. The stock had a trading volume of 38,580,023 shares, compared to its average volume of 58,392,547. The business has a fifty day simple moving average of $12.73 and a two-hundred day simple moving average of $12.06. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.20. The firm has a market cap of $61.46 billion, a price-to-earnings ratio of 29.66, a PEG ratio of 0.72 and a beta of 1.07. Nu Holdings Ltd. has a twelve month low of $9.01 and a twelve month high of $16.15.

NU (NYSE:NU - Get Free Report) last announced 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 firm had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same quarter in the previous year, the business earned $0.09 earnings per share. As a group, research analysts expect that Nu Holdings Ltd. will post 0.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on NU shares. Barclays raised their price target on NU from $15.00 to $16.00 and gave the company an "overweight" rating in a report on Friday, April 25th. Susquehanna raised their target price on NU from $14.00 to $15.00 and gave the company a "positive" rating in a research note on Wednesday, May 14th. JPMorgan Chase & Co. lifted their price target on NU from $14.50 to $16.00 and gave the company an "overweight" rating in a report on Monday, June 30th. Finally, Morgan Stanley restated an "overweight" rating on shares of NU in a research report on Friday, June 13th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $15.50.

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.