Nu Holdings Ltd. (NYSE:NU) Shares Bought by Paragon Capital Management Inc.

Paragon Capital Management Inc. grew its holdings in Nu Holdings Ltd. (NYSE:NU - Free Report) by 28.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 130,516 shares of the company's stock after acquiring an additional 28,951 shares during the period. Paragon Capital Management Inc.'s holdings in NU were worth $1,336,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. OneAscent Wealth Management LLC lifted its stake in shares of NU by 6.5% in the 4th quarter. OneAscent Wealth Management LLC now owns 12,481 shares of the company's stock valued at $129,000 after purchasing an additional 760 shares during the period. Perigon Wealth Management LLC increased its holdings in NU by 8.4% in the first quarter. Perigon Wealth Management LLC now owns 14,641 shares of the company's stock valued at $150,000 after buying an additional 1,136 shares in the last quarter. Quarry LP raised its position in shares of NU by 15.3% in the fourth quarter. Quarry LP now owns 9,095 shares of the company's stock worth $94,000 after acquiring an additional 1,205 shares during the period. MassMutual Private Wealth & Trust FSB boosted 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. Finally, TFC Financial Management Inc. boosted 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. 84.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on NU. Susquehanna upped their price target on NU from $14.00 to $15.00 and gave the stock a "positive" rating in a report on Wednesday, May 14th. JPMorgan Chase & Co. upgraded NU from a "neutral" rating to an "overweight" rating and cut their price objective for the company from $14.00 to $13.00 in a research report on Tuesday, April 8th. Morgan Stanley reiterated an "overweight" rating on shares of NU in a research report on Friday, June 13th. Finally, Barclays lifted their price target 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. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $15.13.

NU Trading Up 1.1%

Shares of NU opened at $13.38 on Friday. The firm's fifty day moving average is $12.30 and its two-hundred day moving average is $11.74. The stock has a market cap of $64.46 billion, a PE ratio of 31.11, a price-to-earnings-growth ratio of 0.76 and a beta of 1.04. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.20. Nu Holdings Ltd. has a 52-week low of $9.01 and a 52-week high of $16.15.

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). The business had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.09 billion. NU had a net margin of 17.88% and a return on equity of 30.77%. During the same quarter in the previous year, the company posted $0.09 EPS. Research analysts forecast that Nu Holdings Ltd. will post 0.58 earnings per share for the current fiscal year.

About NU

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.

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