3,600 Shares in Nu Holdings Ltd. $NU Purchased by Banque Transatlantique SA

Banque Transatlantique SA acquired a new position in Nu Holdings Ltd. (NYSE:NU) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 3,600 shares of the company’s stock, valued at approximately $34,000.

Other large investors also recently bought and sold shares of the company. NBC Securities Inc. increased its holdings in NU by 286,000.0% in the 1st quarter. NBC Securities Inc. now owns 2,861 shares of the company’s stock worth $29,000 after buying an additional 2,860 shares in the last quarter. Capital Analysts LLC bought a new stake in NU in the 1st quarter worth about $31,000. TFC Financial Management Inc. increased its holdings in NU by 74.1% in the 1st quarter. TFC Financial Management Inc. now owns 3,114 shares of the company’s stock worth $32,000 after buying an additional 1,325 shares in the last quarter. WPG Advisers LLC bought a new stake in NU in the 1st quarter worth about $38,000. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in NU by 51.4% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 3,815 shares of the company’s stock worth $39,000 after buying an additional 1,295 shares in the last quarter. 84.02% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

NU has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price target on NU from $16.00 to $17.00 and gave the company an “overweight” rating in a research note on Friday. Citigroup upgraded NU from a “sell” rating to a “buy” rating and boosted their price target for the company from $9.00 to $18.00 in a research note on Wednesday, August 20th. UBS Group boosted their price target on NU from $14.30 to $15.60 and gave the company a “neutral” rating in a research note on Tuesday, September 2nd. Santander upgraded NU to a “neutral” rating in a research note on Monday, August 25th. Finally, Morgan Stanley restated an “overweight” rating on shares of NU in a research note on Friday, June 13th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $17.06.

NU Price Performance

NU stock opened at $14.75 on Friday. Nu Holdings Ltd. has a one year low of $9.01 and a one year high of $16.15. The company’s fifty day moving average price is $13.31 and its 200-day moving average price is $12.23. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.57 and a current ratio of 0.57. The company has a market capitalization of $71.06 billion, a PE ratio of 32.06, a price-to-earnings-growth ratio of 0.77 and a beta of 1.07.

NU (NYSE:NU) last released its earnings results on Thursday, August 14th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. NU had a net margin of 17.90% and a return on equity of 29.91%. The firm had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.78 billion. During the same quarter in the previous year, the firm earned $0.12 earnings per share. On average, equities analysts anticipate that Nu Holdings Ltd. will post 0.58 EPS for the current fiscal year.

About NU

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.