PharVision Advisers LLC bought a new position in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 38,517 shares of the company's stock, valued at approximately $399,000.
Other large investors have also added to or reduced their stakes in the company. Piscataqua Savings Bank increased its holdings in shares of NU by 500.0% in 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. boosted its holdings in shares of NU by 190.8% during the 4th quarter. TD Waterhouse Canada Inc. now owns 4,900 shares of the company's stock worth $51,000 after buying an additional 3,215 shares during the period. Campbell Capital Management Inc. acquired a new position in NU in the 4th quarter valued at about $52,000. Cliffwater LLC acquired a new position in NU in the 4th quarter valued at about $57,000. Finally, Whipplewood Advisors LLC bought a new position in NU in the 4th quarter valued at about $62,000. Institutional investors own 84.02% of the company's stock.
NU Trading Down 2.7%
Shares of NU stock opened at $12.74 on Wednesday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.20. Nu Holdings Ltd. has a 12-month low of $9.01 and a 12-month high of $16.15. The company has a market capitalization of $61.39 billion, a price-to-earnings ratio of 31.85, a PEG ratio of 0.48 and a beta of 1.11. The firm's 50-day moving average price is $11.53 and its two-hundred day moving average price is $12.02.
NU (NYSE:NU - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.01). The firm had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.09 billion. NU had a net margin of 17.12% and a return on equity of 30.99%. During the same period last year, the business earned $0.09 earnings per share. On average, analysts forecast that Nu Holdings Ltd. will post 0.58 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
NU has been the subject of a number of research analyst reports. Barclays boosted their price objective on NU from $15.00 to $16.00 and gave the stock an "overweight" rating in a report on Friday, April 25th. JPMorgan Chase & Co. raised NU from a "neutral" rating to an "overweight" rating and decreased their price objective for the company from $14.00 to $13.00 in a report on Tuesday, April 8th. Susquehanna lifted their target price on NU from $14.00 to $15.00 and gave the stock a "positive" rating in a report on Wednesday, May 14th. Finally, 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. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $15.13.
View Our Latest Analysis on NU
NU Company Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding NU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nu Holdings Ltd. (NYSE:NU - Free Report).
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