JARISLOWSKY FRASER Ltd lessened its position in Nu Holdings Ltd. (NYSE:NU - Free Report) by 15.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 554,731 shares of the company's stock after selling 103,558 shares during the period. JARISLOWSKY FRASER Ltd's holdings in NU were worth $5,747,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of NU. OneAscent Wealth Management LLC increased its stake in NU by 6.5% during the fourth quarter. OneAscent Wealth Management LLC now owns 12,481 shares of the company's stock worth $129,000 after acquiring an additional 760 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in NU by 1.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 69,110 shares of the company's stock valued at $716,000 after purchasing an additional 1,000 shares during the period. Arkfeld Wealth Strategies L.L.C. boosted its holdings in NU by 2.0% in the fourth quarter. Arkfeld Wealth Strategies L.L.C. now owns 52,245 shares of the company's stock valued at $579,000 after purchasing an additional 1,000 shares during the period. Blue Trust Inc. raised its stake in NU by 4.9% in the fourth 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 in the last quarter. Finally, Quarry LP raised its stake in NU by 15.3% in the fourth quarter. Quarry LP now owns 9,095 shares of the company's stock valued at $94,000 after buying an additional 1,205 shares in the last quarter. Institutional investors and hedge funds own 84.02% of the company's stock.
NU Trading Up 2.7%
Shares of NU stock traded up $0.35 on Wednesday, reaching $13.49. 111,984,147 shares of the stock were exchanged, compared to its average volume of 42,595,684. The stock has a market cap of $65.00 billion, a P/E ratio of 33.73, a price-to-earnings-growth ratio of 0.48 and a beta of 1.11. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average of $11.34 and a two-hundred day moving average of $12.10. Nu Holdings Ltd. has a 1-year low of $9.01 and a 1-year high of $16.15.
NU (NYSE:NU - Get Free Report) last announced its quarterly 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 business had revenue of $3.25 billion for the quarter, compared to analysts' expectations of $3.09 billion. During the same period last year, the company posted $0.09 earnings per share. On average, research analysts anticipate that Nu Holdings Ltd. will post 0.58 EPS for the current year.
Analysts Set New Price Targets
A number of analysts have recently commented on the company. JPMorgan Chase & Co. upgraded NU from a "neutral" rating to an "overweight" rating and cut their target price for the stock from $14.00 to $13.00 in a research report on Tuesday, April 8th. UBS Group lowered their price objective on NU from $15.50 to $15.00 and set a "neutral" rating on the stock in a report on Tuesday, February 18th. Susquehanna boosted their price target on NU from $14.00 to $15.00 and gave the stock a "positive" rating in a research note on Wednesday. Finally, Barclays upped their target price on NU from $15.00 to $16.00 and gave the company an "overweight" rating in a research note on Friday, April 25th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, NU presently has an average rating of "Moderate Buy" and a consensus target price of $15.13.
Read 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.
Recommended Stories
Before you consider NU, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NU wasn't on the list.
While NU currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
