Investment House LLC Boosts Holdings in Nu Holdings Ltd. (NYSE:NU)

Investment House LLC grew its stake in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) by 33.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,980,923 shares of the company's stock after acquiring an additional 495,935 shares during the period. NU accounts for 1.2% of Investment House LLC's investment portfolio, making the stock its 20th biggest holding. Investment House LLC's holdings in NU were worth $16,501,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Jennison Associates LLC lifted its stake in shares of NU by 160.9% in the 4th quarter. Jennison Associates LLC now owns 65,813,072 shares of the company's stock valued at $548,223,000 after purchasing an additional 40,584,189 shares during the last quarter. WCM Investment Management LLC acquired a new stake in shares of NU in the 4th quarter valued at $66,541,000. AlpInvest Partners B.V. lifted its stake in shares of NU by 180.0% in the 3rd quarter. AlpInvest Partners B.V. now owns 9,646,318 shares of the company's stock valued at $69,936,000 after purchasing an additional 6,201,124 shares during the last quarter. Advent International L.P. lifted its stake in shares of NU by 28.6% in the 3rd quarter. Advent International L.P. now owns 23,774,907 shares of the company's stock valued at $172,368,000 after purchasing an additional 5,283,562 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its position in NU by 46.3% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 16,201,381 shares of the company's stock worth $117,460,000 after acquiring an additional 5,129,796 shares during the last quarter. 80.90% of the stock is currently owned by hedge funds and other institutional investors.

NU Stock Performance

Shares of NYSE:NU traded down $0.05 on Monday, hitting $11.00. 18,144,316 shares of the company were exchanged, compared to its average volume of 30,093,838. The company's 50 day moving average price is $11.33 and its two-hundred day moving average price is $9.55. Nu Holdings Ltd. has a one year low of $5.14 and a one year high of $12.39. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.38 and a current ratio of 0.38. The firm has a market capitalization of $51.64 billion, a price-to-earnings ratio of 52.62, a PEG ratio of 0.54 and a beta of 1.08.

NU (NYSE:NU - Get Free Report) last posted its earnings results on Thursday, February 22nd. The company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by ($0.01). The business had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.39 billion. NU had a net margin of 12.84% and a return on equity of 20.02%. During the same period in the previous year, the firm earned $0.03 EPS. Research analysts expect that Nu Holdings Ltd. will post 0.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on NU. UBS Group boosted their target price on shares of NU from $10.50 to $11.50 and gave the stock a "buy" rating in a research report on Monday, January 29th. Susquehanna boosted their target price on shares of NU from $11.00 to $12.00 and gave the stock a "positive" rating in a research report on Friday, February 23rd. TheStreet raised shares of NU from a "c+" rating to a "b" rating in a research report on Friday, March 8th. Finally, KeyCorp boosted their target price on shares of NU from $12.00 to $13.00 and gave the stock an "overweight" rating in a research report on Monday, April 22nd. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $10.00.

About NU

Nu Holdings Ltd. provides digital banking platform and digital financial services in Brazil, Mexico, Colombia, and internationally. It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones.