PDT Partners LLC Purchases Shares of 264,211 Nu Holdings Ltd. (NYSE:NU)

PDT Partners LLC purchased a new stake in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 264,211 shares of the company's stock, valued at approximately $2,737,000.

Several other institutional investors and hedge funds also recently bought and sold shares of NU. Piscataqua Savings Bank increased its holdings in NU by 500.0% during the 4th quarter. Piscataqua Savings Bank now owns 3,000 shares of the company's stock worth $31,000 after acquiring an additional 2,500 shares during the period. TD Waterhouse Canada Inc. increased its holdings in shares of NU by 190.8% in the fourth quarter. TD Waterhouse Canada Inc. now owns 4,900 shares of the company's stock worth $51,000 after purchasing an additional 3,215 shares during the period. Campbell Capital Management Inc. purchased a new stake in shares of NU in the fourth quarter worth $52,000. Whipplewood Advisors LLC bought a new stake in NU during the fourth quarter valued at $62,000. Finally, Ethos Financial Group LLC purchased a new position in NU during the fourth quarter worth about $82,000. 84.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

NU has been the subject of a number of research analyst reports. Barclays lifted their price target on NU from $15.00 to $16.00 and gave the company an "overweight" rating in a research report on Friday, April 25th. UBS Group cut their price target on shares of NU from $15.50 to $15.00 and set a "neutral" rating for the company in a research note on Tuesday, February 18th. Finally, JPMorgan Chase & Co. upgraded shares of NU from a "neutral" rating to an "overweight" rating and lowered their price objective for the company from $14.00 to $13.00 in a research report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. According to MarketBeat.com, NU currently has a consensus rating of "Moderate Buy" and a consensus price target of $15.47.

NU Trading Up 0.9 %

Shares of NU stock traded up $0.11 on Friday, hitting $12.45. 42,492,199 shares of the company's stock traded hands, compared to its average volume of 41,380,755. The stock has a market capitalization of $59.99 billion, a price-to-earnings ratio of 31.13, a P/E/G ratio of 0.48 and a beta of 1.14. The company's fifty day simple moving average is $11.02 and its 200 day simple moving average is $12.18. Nu Holdings Ltd. has a one year low of $9.01 and a one year high of $16.15. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.44 and a current ratio of 0.44.

NU (NYSE:NU - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.12 EPS for the quarter, hitting the consensus estimate of $0.12. The firm had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $3.17 billion. NU had a return on equity of 30.99% and a net margin of 17.12%. Equities analysts forecast 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.