Proficio Capital Partners LLC acquired a new position 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 and Exchange Commission (SEC). The fund acquired 42,549 shares of the company's stock, valued at approximately $441,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. LRI Investments LLC increased its holdings in shares of NU by 3.1% during the third quarter. LRI Investments LLC now owns 24,983 shares of the company's stock valued at $341,000 after acquiring an additional 743 shares in the last quarter. Coldstream Capital Management Inc. increased its stake in NU by 3.1% during the 3rd quarter. Coldstream Capital Management Inc. now owns 26,517 shares of the company's stock valued at $362,000 after purchasing an additional 801 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in NU by 1.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 69,110 shares of the company's stock worth $716,000 after buying an additional 1,000 shares during the last quarter. Arkfeld Wealth Strategies L.L.C. lifted its stake in shares of NU by 2.0% in the fourth quarter. Arkfeld Wealth Strategies L.L.C. now owns 52,245 shares of the company's stock worth $579,000 after buying an additional 1,000 shares in the last quarter. Finally, Blue Trust Inc. grew 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. Hedge funds and other institutional investors own 84.02% of the company's stock.
NU Stock Performance
NYSE:NU traded up $0.25 on Wednesday, hitting $10.85. The stock had a trading volume of 24,483,083 shares, compared to its average volume of 35,622,240. The business's 50-day simple moving average is $11.97 and its two-hundred day simple moving average is $13.03. The stock has a market cap of $51.69 billion, a price-to-earnings ratio of 27.09, a price-to-earnings-growth ratio of 0.48 and a beta of 1.14. Nu Holdings Ltd. has a 52-week low of $9.67 and a 52-week high of $16.15. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.20.
NU (NYSE:NU - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting 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. As a group, research analysts predict that Nu Holdings Ltd. will post 0.58 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on NU. JPMorgan Chase & Co. decreased their price objective on shares of NU from $15.00 to $14.00 and set a "neutral" rating for the company in a report on Monday, February 24th. UBS Group decreased their price target on NU from $15.50 to $15.00 and set a "neutral" rating for the company in a research note on Tuesday, February 18th. Itau BBA Securities cut NU from an "outperform" rating to a "market perform" rating in a research report on Thursday, November 14th. KeyCorp boosted their target price on NU from $15.00 to $17.00 and gave the stock an "overweight" rating in a research report on Thursday, November 14th. Finally, Barclays lowered their target price on shares of NU from $17.00 to $15.00 and set an "overweight" rating on the stock in a research note on Monday, February 24th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $15.47.
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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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