Anthracite Investment Company Inc. purchased a new position in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 170,000 shares of the company's stock, valued at approximately $1,761,000.
Several other institutional investors and hedge funds have also modified their holdings of the business. Parametrica Management Ltd grew its position in NU by 30.2% during the 4th quarter. Parametrica Management Ltd now owns 362,413 shares of the company's stock worth $3,755,000 after acquiring an additional 84,050 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of NU by 24.2% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,539,186 shares of the company's stock valued at $26,306,000 after buying an additional 494,746 shares during the period. Princeton Capital Management LLC raised its holdings in NU by 242.4% in the 4th quarter. Princeton Capital Management LLC now owns 48,702 shares of the company's stock valued at $505,000 after buying an additional 34,479 shares during the last quarter. Partners Group Holding AG acquired a new stake in NU during the 4th quarter worth approximately $49,694,000. Finally, Emerald Advisers LLC grew its holdings in NU by 19.4% during the 4th quarter. Emerald Advisers LLC now owns 64,531 shares of the company's stock worth $669,000 after acquiring an additional 10,481 shares during the last quarter. 84.02% of the stock is currently owned by institutional investors.
NU Trading Down 6.8 %
NU stock traded down $0.76 during mid-day trading on Friday, reaching $10.34. The company's stock had a trading volume of 73,969,363 shares, compared to its average volume of 37,673,791. The company has a market cap of $49.26 billion, a price-to-earnings ratio of 25.84, a price-to-earnings-growth ratio of 0.48 and a beta of 1.14. Nu Holdings Ltd. has a 12 month low of $9.67 and a 12 month high of $16.15. The business's 50 day moving average price is $12.04 and its 200 day moving average price is $12.76. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.20.
NU (NYSE:NU - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.12 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.12. NU had a net margin of 17.12% and a return on equity of 30.99%. The company had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $3.17 billion. On average, equities research analysts predict that Nu Holdings Ltd. will post 0.58 EPS for the current year.
Wall Street Analyst Weigh In
NU has been the topic of a number of recent research reports. Barclays cut their price target on shares of NU from $17.00 to $15.00 and set an "overweight" rating on the stock in a report on Monday, February 24th. Citigroup downgraded NU from a "neutral" rating to a "sell" rating and cut their target price for the stock from $14.60 to $11.00 in a report on Monday, December 2nd. UBS Group lowered their price objective on NU from $15.50 to $15.00 and set a "neutral" rating for the company in a research report on Tuesday, February 18th. Finally, JPMorgan Chase & Co. reduced their target price on NU from $15.00 to $14.00 and set a "neutral" rating on the stock in a report on Monday, February 24th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $15.47.
View 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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