Nu Holdings Ltd. (NYSE:NU) Shares Purchased by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lifted its holdings in Nu Holdings Ltd. (NYSE:NU - Free Report) by 241.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 260,419 shares of the company's stock after buying an additional 184,233 shares during the quarter. Rockefeller Capital Management L.P.'s holdings in NU were worth $2,698,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Piscataqua Savings Bank raised its stake in NU by 500.0% in the fourth quarter. Piscataqua Savings Bank now owns 3,000 shares of the company's stock worth $31,000 after buying an additional 2,500 shares in the last quarter. Campbell Capital Management Inc. acquired a new stake in NU in the fourth quarter worth about $52,000. Whipplewood Advisors LLC acquired a new position in shares of NU during the fourth quarter valued at about $62,000. Ethos Financial Group LLC acquired a new position in NU during the 4th quarter valued at approximately $82,000. Finally, Berbice Capital Management LLC purchased a new stake in shares of NU during the fourth quarter valued at $93,000. 84.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on NU. UBS Group lowered their price target 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. Barclays dropped their price target on shares of NU from $17.00 to $15.00 and set an "overweight" rating on the stock in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. raised shares of NU from a "neutral" rating to an "overweight" rating and decreased their price objective for the company from $14.00 to $13.00 in a report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $15.36.

NU Trading Up 2.0 %

Shares of NU traded up $0.24 during mid-day trading on Thursday, reaching $11.73. The stock had a trading volume of 40,869,204 shares, compared to its average volume of 52,387,293. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.44 and a quick ratio of 0.44. The firm has a market cap of $55.88 billion, a price-to-earnings ratio of 29.31, a P/E/G ratio of 0.48 and a beta of 1.14. The business's fifty day moving average is $11.05 and its 200 day moving average is $12.27. Nu Holdings Ltd. has a 52-week low of $9.01 and a 52-week high of $16.15.

NU (NYSE:NU - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.12 EPS for the quarter, meeting analysts' consensus estimates of $0.12. NU had a return on equity of 30.99% and a net margin of 17.12%. The company had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $3.17 billion. On average, sell-side analysts predict that Nu Holdings Ltd. will post 0.58 EPS 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.