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

ANTIPODES PARTNERS Ltd grew its stake in Nu Holdings Ltd. (NYSE:NU) by 37.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,156 shares of the company’s stock after buying an additional 5,739 shares during the period. ANTIPODES PARTNERS Ltd’s holdings in NU were worth $219,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Piscataqua Savings Bank raised its position 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 purchasing an additional 2,500 shares during the last quarter. Whipplewood Advisors LLC purchased a new stake in NU in the 4th quarter valued at $62,000. Huntington National Bank raised its position 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 purchasing an additional 2,131 shares during the last quarter. Ethos Financial Group LLC purchased a new stake in NU in the 4th quarter valued at $82,000. Finally, Berbice Capital Management LLC purchased a new stake in NU in the 4th quarter valued at $93,000. Institutional investors and hedge funds own 84.02% of the company’s stock.

NU Stock Performance

Shares of NU opened at $10.92 on Thursday. The company has a 50-day simple moving average of $11.99 and a 200-day simple moving average of $13.01. 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 capitalization of $52.03 billion, a PE ratio of 27.30, a P/E/G ratio of 0.48 and a beta of 1.14. Nu Holdings Ltd. has a 52-week low of $9.67 and a 52-week high of $16.15.

NU (NYSE:NU) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.12 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.12. The business had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $3.17 billion. NU had a net margin of 17.12% and a return on equity of 30.99%. Equities research analysts predict that Nu Holdings Ltd. will post 0.58 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Susquehanna upped their price target on shares of NU from $16.00 to $18.00 and gave the company a “positive” rating in a research report on Thursday, November 14th. Citigroup downgraded shares of NU from a “neutral” rating to a “sell” rating and reduced their price target for the company from $14.60 to $11.00 in a research report on Monday, December 2nd. Barclays cut their price objective on shares of NU from $17.00 to $15.00 and set an “overweight” rating for the company in a research report on Monday, February 24th. The Goldman Sachs Group upped their price objective on shares of NU from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Finally, JPMorgan Chase & Co. cut their price objective on shares of NU from $15.00 to $14.00 and set a “neutral” rating for the company in a research report on Monday, February 24th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $15.47.

NU 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.