Nu Holdings Ltd. (NYSE:NU) Position Increased by Rothschild Investment LLC

Rothschild Investment LLC raised its position in shares of Nu Holdings Ltd. (NYSE:NU) by 16.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 11,346 shares of the company’s stock after buying an additional 1,633 shares during the period. Rothschild Investment LLC’s holdings in NU were worth $118,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of NU. State Street Corp lifted its stake in NU by 105.9% during the third quarter. State Street Corp now owns 78,865,138 shares of the company’s stock valued at $1,076,509,000 after buying an additional 40,560,986 shares in the last quarter. Baillie Gifford & Co. lifted its position in shares of NU by 13.0% in the third quarter. Baillie Gifford & Co. now owns 210,103,451 shares of the company’s stock worth $2,867,912,000 after purchasing an additional 24,140,416 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of NU by 104.3% in the third quarter. Geode Capital Management LLC now owns 32,597,803 shares of the company’s stock worth $442,935,000 after purchasing an additional 16,638,397 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of NU by 458.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,147,349 shares of the company’s stock worth $193,111,000 after purchasing an additional 11,613,191 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in shares of NU by 122.3% in the fourth quarter. Assenagon Asset Management S.A. now owns 16,008,683 shares of the company’s stock worth $165,850,000 after purchasing an additional 8,806,495 shares in the last quarter. 84.02% of the stock is owned by hedge funds and other institutional investors.

NU Trading Up 2.1 %

Shares of NU stock opened at $11.25 on Wednesday. Nu Holdings Ltd. has a 12 month low of $9.67 and a 12 month high of $16.15. 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 business’s 50 day moving average is $11.90 and its two-hundred day moving average is $13.24. The company has a market cap of $53.60 billion, a PE ratio of 28.12, a price-to-earnings-growth ratio of 0.48 and a beta of 1.10.

NU (NYSE:NU) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.12 EPS for the quarter, meeting the consensus estimate 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. Equities analysts predict that Nu Holdings Ltd. will post 0.58 EPS for the current year.

Analysts Set New Price Targets

NU has been the subject of a number of research analyst reports. Citigroup lowered shares of NU from a “neutral” rating to a “sell” rating and reduced their price target for the stock from $14.60 to $11.00 in a research report on Monday, December 2nd. KeyCorp increased their price target on shares of NU from $15.00 to $17.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. Itau BBA Securities lowered shares of NU from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 14th. The Goldman Sachs Group increased their price objective on NU from $17.00 to $19.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Finally, Barclays dropped their price objective on NU from $17.00 to $15.00 and set an “overweight” rating on the stock in a report on Monday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average 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.