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 first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 910,502 shares of the company's stock, valued at approximately $9,324,000. NU accounts for about 0.4% of Johns Hopkins University's investment portfolio, making the stock its 13th biggest position.

Other institutional investors also recently modified their holdings of the company. Proficio Capital Partners LLC bought a new position in NU in the 4th quarter valued at $441,000. Raymond James Financial Inc. bought a new position in shares of NU during the 4th quarter worth $3,499,000. AXQ Capital LP bought a new position in shares of NU during the 4th quarter worth $198,000. KLP Kapitalforvaltning AS bought a new position in shares of NU during the 4th quarter worth $6,614,000. Finally, LPL Financial LLC grew its stake in shares of NU by 52.7% during the 4th quarter. LPL Financial LLC now owns 709,287 shares of the company's stock worth $7,348,000 after acquiring an additional 244,879 shares during the period. 84.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

NU Stock Down 0.5%

NYSE:NU traded down $0.07 during midday trading on Tuesday, reaching $12.83. The company had a trading volume of 44,828,490 shares, compared to its average volume of 50,166,011. The firm has a market capitalization of $61.80 billion, a price-to-earnings ratio of 29.83, a PEG ratio of 0.73 and a beta of 1.07. The stock's fifty day simple moving average is $12.75 and its 200-day simple moving average is $12.04. Nu Holdings Ltd. has a 12-month low of $9.01 and a 12-month high of $16.15. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.20.

NU (NYSE:NU - Get Free Report) last posted its earnings results 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 for the quarter, compared to analyst estimates of $3.09 billion. During the same quarter last year, the firm posted $0.09 EPS. On average, sell-side analysts anticipate that Nu Holdings Ltd. will post 0.58 earnings per share for the current fiscal year.

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.