Vanderbilt University Makes New Investment in Nu Holdings Ltd. (NYSE:NU)

Vanderbilt University acquired a new position in Nu Holdings Ltd. (NYSE:NU - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,623,984 shares of the company's stock, valued at approximately $16,630,000. NU accounts for 3.2% of Vanderbilt University's investment portfolio, making the stock its 6th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. OneAscent Wealth Management LLC boosted its stake in NU by 6.5% in the 4th quarter. OneAscent Wealth Management LLC now owns 12,481 shares of the company's stock worth $129,000 after purchasing an additional 760 shares during the period. Blue Trust Inc. boosted its stake in shares of NU by 4.9% during the 4th quarter. Blue Trust Inc. now owns 21,784 shares of the company's stock valued at $226,000 after buying an additional 1,011 shares during the period. Quarry LP boosted its stake in shares of NU by 15.3% during the 4th quarter. Quarry LP now owns 9,095 shares of the company's stock valued at $94,000 after buying 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 valued at $39,000 after buying an additional 1,295 shares during the period. Finally, Yousif Capital Management LLC boosted its stake in shares of NU by 1.5% during the 1st quarter. Yousif Capital Management LLC now owns 92,920 shares of the company's stock valued at $952,000 after buying an additional 1,416 shares during the period. Institutional investors and hedge funds own 84.02% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on NU shares. 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. Morgan Stanley reissued an "overweight" rating on shares of NU in a research note on Friday, June 13th. Susquehanna lifted their target price on shares of NU from $14.00 to $15.00 and gave the company a "positive" rating in a research note on Wednesday, May 14th. Finally, JPMorgan Chase & Co. raised shares of NU from a "neutral" rating to an "overweight" rating and decreased their target price for the company from $14.00 to $13.00 in a research note on Tuesday, April 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $15.13.

NU Stock Up 1.8%

Shares of NU stock traded up $0.22 on Monday, hitting $12.36. The company's stock had a trading volume of 82,365,557 shares, compared to its average volume of 45,742,481. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.54 and a quick ratio of 0.54. Nu Holdings Ltd. has a fifty-two week low of $9.01 and a fifty-two week high of $16.15. The firm's fifty day moving average price is $12.15 and its 200-day moving average price is $11.71. The stock has a market capitalization of $59.56 billion, a price-to-earnings ratio of 28.74, a P/E/G ratio of 0.70 and a beta of 1.04.

NU (NYSE:NU - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.01). NU had a net margin of 17.88% and a return on equity of 30.77%. The business had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same period in the previous year, the firm posted $0.09 EPS. Research analysts anticipate that Nu Holdings Ltd. will post 0.58 EPS for the current 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.