Sora Investors LLC acquired a new stake in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 428,570 shares of the company's stock, valued at approximately $4,440,000.
Other institutional investors and hedge funds have also modified their holdings of the company. OneAscent Wealth Management LLC grew its stake in shares of NU by 6.5% during the fourth quarter. OneAscent Wealth Management LLC now owns 12,481 shares of the company's stock valued at $129,000 after acquiring an additional 760 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of NU by 1.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 69,110 shares of the company's stock valued at $716,000 after buying an additional 1,000 shares during the last quarter. Arkfeld Wealth Strategies L.L.C. raised its holdings in shares of NU by 2.0% during the fourth quarter. Arkfeld Wealth Strategies L.L.C. now owns 52,245 shares of the company's stock valued at $579,000 after buying an additional 1,000 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of 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 buying an additional 1,011 shares during the last quarter. Finally, Quarry LP increased its stake in shares of NU by 15.3% during the fourth quarter. Quarry LP now owns 9,095 shares of the company's stock valued at $94,000 after acquiring an additional 1,205 shares during the period. Hedge funds and other institutional investors own 84.02% of the company's stock.
NU Price Performance
NU stock traded up $0.04 during mid-day trading on Monday, hitting $13.09. The company's stock had a trading volume of 31,524,633 shares, compared to its average volume of 42,604,630. 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 stock has a market capitalization of $63.08 billion, a P/E ratio of 32.73, a P/E/G ratio of 0.48 and a beta of 1.11. Nu Holdings Ltd. has a twelve month low of $9.01 and a twelve month high of $16.15. The stock's fifty day moving average price is $11.45 and its two-hundred day moving average price is $12.02.
NU (NYSE:NU - Get Free Report) last posted its quarterly earnings results 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). The business had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.09 billion. NU had a return on equity of 30.99% and a net margin of 17.12%. During the same quarter last year, the firm posted $0.09 EPS. Research analysts forecast that Nu Holdings Ltd. will post 0.58 earnings per share for the current year.
Analyst Ratings Changes
A number of research analysts recently commented on the stock. UBS Group lowered their price objective on shares of NU from $15.50 to $15.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 18th. 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 note on Tuesday, April 8th. Barclays raised their price objective 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, Susquehanna raised their price objective 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. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat.com, NU currently has an average rating of "Moderate Buy" and an average price target of $15.13.
Get Our Latest Stock Analysis on NU
About NU
(
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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