Jump Financial LLC Buys 184,561 Shares of Nu Holdings Ltd. (NYSE:NU)

Jump Financial LLC boosted its position in Nu Holdings Ltd. (NYSE:NU - Free Report) by 216.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 269,807 shares of the company's stock after buying an additional 184,561 shares during the period. Jump Financial LLC's holdings in NU were worth $2,795,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Baader Bank Aktiengesellschaft lifted its holdings in NU by 19.6% in the fourth quarter. Baader Bank Aktiengesellschaft now owns 355,332 shares of the company's stock valued at $3,680,000 after buying an additional 58,183 shares during the period. Baillie Gifford & Co. raised its holdings in shares of NU by 7.1% during the fourth quarter. Baillie Gifford & Co. now owns 224,979,342 shares of the company's stock valued at $2,330,786,000 after purchasing an additional 14,875,891 shares during the period. Franklin Resources Inc. raised its holdings in shares of NU by 5.7% during the third quarter. Franklin Resources Inc. now owns 5,060,504 shares of the company's stock valued at $74,288,000 after purchasing an additional 271,903 shares during the period. Blankinship & Foster LLC acquired a new stake in shares of NU in the 3rd quarter worth about $3,212,000. Finally, Barclays PLC raised its holdings in shares of NU by 55.7% in the 3rd quarter. Barclays PLC now owns 1,005,022 shares of the company's stock worth $13,718,000 after acquiring an additional 359,733 shares during the last quarter. Institutional investors and hedge funds own 84.02% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. UBS Group lowered their target price on shares of NU from $15.50 to $15.00 and set a "neutral" rating on the stock in a report on Tuesday, February 18th. JPMorgan Chase & Co. raised shares of NU from a "neutral" rating to an "overweight" rating and reduced their price objective for the stock from $14.00 to $13.00 in a research report on Tuesday, April 8th. Finally, Barclays reduced their price objective on shares of NU from $17.00 to $15.00 and set an "overweight" rating for the company in a research report on Monday, February 24th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $15.36.

NU Stock Performance

Shares of NU stock traded up $0.38 during trading hours on Wednesday, hitting $11.57. 15,100,134 shares of the company were exchanged, compared to its average volume of 52,046,793. The firm has a fifty day simple moving average of $11.10 and a 200 day simple moving average of $12.27. 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 Holdings Ltd. has a 52-week low of $9.01 and a 52-week high of $16.15. The stock has a market capitalization of $55.14 billion, a price-to-earnings ratio of 28.93, a P/E/G ratio of 0.48 and a beta of 1.14.

NU (NYSE:NU - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 during the quarter, compared to analyst estimates of $3.17 billion. Research analysts predict that Nu Holdings Ltd. will post 0.58 earnings per share for the current fiscal year.

NU Company Profile

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.