Vanderbilt University purchased a new stake in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 1,623,984 shares of the company's stock, valued at approximately $16,630,000. NU makes up approximately 3.2% of Vanderbilt University's investment portfolio, making the stock its 6th biggest position.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NU. Savant Capital LLC boosted its stake in shares of NU by 38.7% during the 4th quarter. Savant Capital LLC now owns 20,391 shares of the company's stock worth $211,000 after acquiring an additional 5,693 shares in the last quarter. Blue Trust Inc. boosted its position in NU by 4.9% during the fourth quarter. Blue Trust Inc. now owns 21,784 shares of the company's stock valued at $226,000 after purchasing an additional 1,011 shares during the last quarter. D.A. Davidson & CO. grew its position in NU by 84.7% in the fourth quarter. D.A. Davidson & CO. now owns 31,060 shares of the company's stock worth $322,000 after acquiring an additional 14,239 shares in the last quarter. Good Life Advisors LLC acquired a new stake in shares of NU in the fourth quarter worth about $138,000. Finally, Private Advisor Group LLC raised its position in shares of NU by 52.4% in the fourth quarter. Private Advisor Group LLC now owns 79,831 shares of the company's stock valued at $827,000 after purchasing an additional 27,456 shares during the period. 84.02% of the stock is owned by institutional investors.
NU Stock Performance
Shares of NU stock traded down $0.09 on Friday, reaching $12.16. The stock had a trading volume of 61,015,284 shares, compared to its average volume of 45,578,029. 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 12 month low of $9.01 and a 12 month high of $16.15. The firm's 50-day moving average is $12.09 and its two-hundred day moving average is $11.71. The firm has a market capitalization of $58.57 billion, a price-to-earnings ratio of 28.27, a P/E/G ratio of 0.71 and a beta of 1.04.
NU (NYSE:NU - Get Free Report) last posted 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 business had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.09 billion. NU had a net margin of 17.88% and a return on equity of 30.77%. During the same period in the prior year, the firm earned $0.09 EPS. On average, research analysts expect that Nu Holdings Ltd. will post 0.58 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on NU shares. Morgan Stanley restated an "overweight" rating on shares of NU in a research report on Friday, June 13th. Susquehanna upped their target price on shares of NU from $14.00 to $15.00 and gave the stock a "positive" rating in a report on Wednesday, May 14th. Barclays lifted their target price 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. Finally, 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. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, NU currently has an average rating of "Moderate Buy" and a consensus price target of $15.13.
View Our Latest Report 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.
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