Nu Holdings Ltd. (NYSE:NU) Shares Purchased by ANTIPODES PARTNERS Ltd

ANTIPODES PARTNERS Ltd boosted its holdings in Nu Holdings Ltd. (NYSE:NU) by 37.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 21,156 shares of the company’s stock after acquiring an additional 5,739 shares during the period. ANTIPODES PARTNERS Ltd’s holdings in NU were worth $219,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Piscataqua Savings Bank grew its stake in NU by 500.0% in the 4th quarter. Piscataqua Savings Bank now owns 3,000 shares of the company’s stock valued at $31,000 after acquiring an additional 2,500 shares during the last quarter. Huntington National Bank grew its stake in NU by 86.3% in the 3rd quarter. Huntington National Bank now owns 4,601 shares of the company’s stock valued at $63,000 after acquiring an additional 2,131 shares during the last quarter. Whipplewood Advisors LLC acquired a new stake in shares of NU during the 4th quarter worth about $62,000. Ethos Financial Group LLC acquired a new stake in shares of NU during the 4th quarter worth about $82,000. Finally, Quarry LP boosted its stake in shares of NU by 104.8% during the 3rd quarter. Quarry LP now owns 7,890 shares of the company’s stock worth $108,000 after purchasing an additional 4,037 shares during the last quarter. 84.02% of the stock is owned by institutional investors and hedge funds.

NU Trading Up 3.0 %

Shares of NU stock opened at $10.92 on Thursday. The firm has a market cap of $52.03 billion, a P/E ratio of 27.30, a PEG ratio of 0.48 and a beta of 1.14. Nu Holdings Ltd. has a 1-year low of $9.67 and a 1-year high of $16.15. 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’s 50-day simple moving average is $11.99 and its 200-day simple moving average is $13.01.

NU (NYSE:NU) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.12 earnings per share 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 business had revenue of $2.99 billion for the quarter, compared to analyst estimates of $3.17 billion. As a group, equities analysts forecast that Nu Holdings Ltd. will post 0.58 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on NU. JPMorgan Chase & Co. decreased their price target on shares of NU from $15.00 to $14.00 and set a “neutral” rating on the stock in a research note on Monday, February 24th. Barclays decreased their price target 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. Susquehanna raised their price target on shares of NU from $16.00 to $18.00 and gave the stock a “positive” rating in a research note on Thursday, November 14th. Itau BBA Securities cut shares of NU from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 14th. Finally, KeyCorp raised their price target on shares of NU from $15.00 to $17.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $15.47.

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.