Jefferies Financial Group Inc. Acquires Shares of 129,103 Nu Holdings Ltd. (NYSE:NU)

Jefferies Financial Group Inc. bought a new stake in shares of Nu Holdings Ltd. (NYSE:NU) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 129,103 shares of the company’s stock, valued at approximately $1,338,000.

Several other large investors have also recently made changes to their positions in the business. Graham Capital Management L.P. increased its position in shares of NU by 1,600.5% during the 4th quarter. Graham Capital Management L.P. now owns 510,147 shares of the company’s stock valued at $5,285,000 after purchasing an additional 480,147 shares during the last quarter. Flight Deck Capital LP increased its position in shares of NU by 35.5% during the 4th quarter. Flight Deck Capital LP now owns 1,082,633 shares of the company’s stock valued at $11,216,000 after purchasing an additional 283,800 shares during the last quarter. Focus Partners Wealth purchased a new stake in shares of NU during the 4th quarter valued at $25,813,000. Engle Capital Management L.P. purchased a new stake in NU in the 4th quarter worth about $2,072,000. Finally, Ensign Peak Advisors Inc purchased a new stake in NU in the 4th quarter worth about $2,852,000. 84.02% of the stock is owned by hedge funds and other institutional investors.

NU Stock Up 2.7%

Shares of NYSE NU opened at $13.49 on Thursday. Nu Holdings Ltd. has a 52 week low of $9.01 and a 52 week high of $16.15. The business has a 50-day simple moving average of $11.34 and a two-hundred day simple moving average of $12.10. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.20. The company has a market cap of $65.00 billion, a P/E ratio of 33.73, a P/E/G ratio of 0.48 and a beta of 1.11.

NU (NYSE:NU) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.01). NU had a return on equity of 30.99% and a net margin of 17.12%. The business had revenue of $3.25 billion during the quarter, compared to analysts’ expectations of $3.09 billion. During the same quarter last year, the business posted $0.09 EPS. Research analysts anticipate that Nu Holdings Ltd. will post 0.58 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on NU. UBS Group decreased their price objective on NU from $15.50 to $15.00 and set a “neutral” rating for the company in a report on Tuesday, February 18th. Susquehanna lifted their price objective on NU from $14.00 to $15.00 and gave the stock a “positive” rating in a report on Wednesday. JPMorgan Chase & Co. raised NU from a “neutral” rating to an “overweight” rating and decreased their price objective for the stock from $14.00 to $13.00 in a report on Tuesday, April 8th. Finally, Barclays lifted their price objective on NU from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Friday, April 25th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $15.13.

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.