PharVision Advisers LLC Makes New $399,000 Investment in Nu Holdings Ltd. (NYSE:NU)

PharVision Advisers LLC purchased a new position in Nu Holdings Ltd. (NYSE:NU - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 38,517 shares of the company's stock, valued at approximately $399,000.

Other institutional investors have also recently made changes to their positions in the company. Piscataqua Savings Bank lifted its position in NU by 500.0% during the fourth quarter. Piscataqua Savings Bank now owns 3,000 shares of the company's stock valued at $31,000 after purchasing an additional 2,500 shares during the last quarter. TD Waterhouse Canada Inc. grew its position in NU by 190.8% in the fourth quarter. TD Waterhouse Canada Inc. now owns 4,900 shares of the company's stock worth $51,000 after acquiring an additional 3,215 shares in the last quarter. Campbell Capital Management Inc. bought a new position in NU in the fourth quarter valued at $52,000. Cliffwater LLC purchased a new stake in NU during the fourth quarter valued at about $57,000. Finally, Whipplewood Advisors LLC bought a new stake in NU during the fourth quarter worth about $62,000. Institutional investors own 84.02% of the company's stock.

NU Trading Down 2.2%

NU traded down $0.27 during trading on Monday, hitting $11.98. 77,281,317 shares of the stock traded hands, compared to its average volume of 43,513,173. The firm has a market capitalization of $57.73 billion, a P/E ratio of 29.95, a price-to-earnings-growth ratio of 0.48 and a beta of 1.11. Nu Holdings Ltd. has a 12-month low of $9.01 and a 12-month high of $16.15. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.44 and a quick ratio of 0.44. The firm has a 50-day moving average of $11.55 and a 200 day moving average of $11.94.

NU (NYSE:NU - Get Free Report) last posted its earnings results on Tuesday, May 13th. The company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.01). NU had a return on equity of 30.99% and a net margin of 17.12%. The firm had revenue of $3.25 billion for the quarter, compared to analysts' expectations of $3.09 billion. During the same quarter in the prior year, the company posted $0.09 earnings per share. Equities research analysts anticipate that Nu Holdings Ltd. will post 0.58 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Susquehanna increased their price objective on NU from $14.00 to $15.00 and gave the company a "positive" rating in a research report on Wednesday, May 14th. JPMorgan Chase & Co. upgraded shares of NU from a "neutral" rating to an "overweight" rating and reduced their price target for the company from $14.00 to $13.00 in a research report on Tuesday, April 8th. UBS Group decreased their price target on shares of NU from $15.50 to $15.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 18th. Finally, Barclays upped their price objective 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 issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $15.13.

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.