Warther Private Wealth LLC boosted its stake in Nu Holdings Ltd. (NYSE:NU - Free Report) by 69.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,456,594 shares of the company's stock after buying an additional 599,250 shares during the period. NU accounts for approximately 5.1% of Warther Private Wealth LLC's portfolio, making the stock its 7th largest position. Warther Private Wealth LLC's holdings in NU were worth $15,090,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Savant Capital LLC lifted its holdings in shares of NU by 38.7% during the fourth quarter. Savant Capital LLC now owns 20,391 shares of the company's stock valued at $211,000 after purchasing an additional 5,693 shares during the last quarter. Coronation Fund Managers Ltd. lifted its holdings in shares of NU by 108.1% during the fourth quarter. Coronation Fund Managers Ltd. now owns 9,336,821 shares of the company's stock valued at $96,729,000 after purchasing an additional 4,849,519 shares during the last quarter. a16z Perennial Management L.P. lifted its holdings in shares of NU by 6.4% during the fourth quarter. a16z Perennial Management L.P. now owns 15,285,500 shares of the company's stock valued at $158,358,000 after purchasing an additional 926,000 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of NU by 22.4% during the fourth quarter. Empowered Funds LLC now owns 225,830 shares of the company's stock valued at $2,340,000 after purchasing an additional 41,393 shares during the last quarter. Finally, Unison Asset Management LLC lifted its holdings in shares of NU by 3.8% during the fourth quarter. Unison Asset Management LLC now owns 1,223,762 shares of the company's stock valued at $12,678,000 after purchasing an additional 44,443 shares during the last quarter. 84.02% of the stock is currently owned by hedge funds and other institutional investors.
NU Stock Performance
NYSE:NU traded down $0.10 during trading hours on Friday, reaching $13.70. The company had a trading volume of 49,861,613 shares, compared to its average volume of 34,995,256. 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 $9.67 and a 52 week high of $16.15. The firm has a market cap of $65.27 billion, a price-to-earnings ratio of 38.04, a PEG ratio of 0.49 and a beta of 1.10. The firm's 50 day moving average price is $11.82 and its 200-day moving average price is $13.18.
Wall Street Analysts Forecast Growth
NU has been the subject of several recent research reports. Itau BBA Securities lowered shares of NU from an "outperform" rating to a "market perform" rating in a report on Thursday, November 14th. Susquehanna boosted their price objective on shares of NU from $16.00 to $18.00 and gave the stock a "positive" rating in a report on Thursday, November 14th. The Goldman Sachs Group boosted their price objective on shares of NU from $17.00 to $19.00 and gave the stock a "buy" rating in a report on Thursday, November 14th. Citigroup lowered shares of NU from a "neutral" rating to a "sell" rating and decreased their price objective for the stock from $14.60 to $11.00 in a report on Monday, December 2nd. Finally, KeyCorp boosted their price objective on shares of NU from $15.00 to $17.00 and gave the stock an "overweight" rating in a report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $15.63.
View Our Latest Analysis on NU
NU Profile
(
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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