Nu Holdings Ltd. $NU Shares Bought by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management raised its stake in Nu Holdings Ltd. by 10% in Q4, adding 1,232,680 shares to hold 13,558,273 shares worth about $226.97 million (roughly 0.28% of the company).
• CEO Cristina Junqueira sold 300,000 shares at an average price of $14.81 on March 23, reducing her position by 11.48% to 2,312,338 shares; company insiders now own about 1.20% of NU.
• Analysts have a consensus rating of “Moderate Buy” (12 Buys, 2 Holds) with a $18.26 target, and Nu recently beat quarterly estimates with $0.19 EPS vs. $0.18 expected and $4.86B revenue vs. $4.55B expected.

Robeco Institutional Asset Management B.V. raised its holdings in Nu Holdings Ltd. (NYSE:NU - Free Report) by 10.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,558,273 shares of the company's stock after acquiring an additional 1,232,680 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.28% of NU worth $226,965,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jordan Park Group LLC boosted its position in shares of NU by 129.3% in the 3rd quarter. Jordan Park Group LLC now owns 1,958,842 shares of the company's stock worth $31,000 after buying an additional 1,104,421 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of NU by 63.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,768 shares of the company's stock worth $52,000 after buying an additional 1,464 shares in the last quarter. VSM Wealth Advisory LLC boosted its position in shares of NU by 1,000.0% in the 3rd quarter. VSM Wealth Advisory LLC now owns 3,300 shares of the company's stock worth $53,000 after buying an additional 3,000 shares in the last quarter. Allworth Financial LP boosted its position in shares of NU by 36.1% in the 3rd quarter. Allworth Financial LP now owns 3,488 shares of the company's stock worth $56,000 after buying an additional 926 shares in the last quarter. Finally, Canton Hathaway LLC purchased a new stake in shares of NU in the 4th quarter worth about $67,000. 84.02% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Zacks Research lowered shares of NU from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 24th. Bank of America reiterated a "neutral" rating on shares of NU in a research report on Monday, March 9th. Weiss Ratings upgraded shares of NU from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, February 18th. The Goldman Sachs Group reiterated a "buy" rating and issued a $21.00 price objective on shares of NU in a research report on Thursday, December 18th. Finally, Itau BBA Securities reiterated an "outperform" rating on shares of NU in a research report on Tuesday, March 17th. Twelve research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $18.26.

NU Price Performance

NYSE:NU opened at $14.94 on Friday. The firm has a market cap of $71.97 billion, a price-to-earnings ratio of 25.75, a price-to-earnings-growth ratio of 0.61 and a beta of 1.10. The company has a current ratio of 0.58, a quick ratio of 0.56 and a debt-to-equity ratio of 0.39. The company's 50-day moving average is $15.39 and its two-hundred day moving average is $16.06. Nu Holdings Ltd. has a 12-month low of $10.26 and a 12-month high of $18.98.

NU (NYSE:NU - Get Free Report) last released its earnings results on Wednesday, February 25th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.01. The company had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.55 billion. NU had a net margin of 18.19% and a return on equity of 30.68%. Research analysts expect that Nu Holdings Ltd. will post 0.58 EPS for the current year.

Insider Transactions at NU

In other NU news, CEO Cristina Helena Zing Junqueira sold 300,000 shares of the company's stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $14.81, for a total value of $4,443,000.00. Following the transaction, the chief executive officer directly owned 2,312,338 shares in the company, valued at approximately $34,245,725.78. This represents a 11.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.20% of the company's stock.

NU Profile

Nu Holdings Ltd NYSE: NU, commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.

Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.

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