Nu Holdings Ltd. (NYSE:NU) Shares Acquired by RPg Family Wealth Advisory LLC

RPg Family Wealth Advisory LLC boosted its position in Nu Holdings Ltd. (NYSE:NUFree Report) by 4.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 202,885 shares of the company’s stock after buying an additional 8,185 shares during the period. RPg Family Wealth Advisory LLC’s holdings in NU were worth $1,690,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Artisan Partners Limited Partnership raised its stake in NU by 6.6% in the 3rd quarter. Artisan Partners Limited Partnership now owns 75,703,469 shares of the company’s stock valued at $548,850,000 after purchasing an additional 4,672,092 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of NU by 31.6% during the 1st quarter. JPMorgan Chase & Co. now owns 72,973,414 shares of the company’s stock valued at $347,353,000 after acquiring an additional 17,525,819 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of NU by 114.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 65,740,183 shares of the company’s stock valued at $267,563,000 after acquiring an additional 35,079,798 shares during the last quarter. Morgan Stanley increased its stake in shares of NU by 21.5% during the 4th quarter. Morgan Stanley now owns 61,315,907 shares of the company’s stock valued at $249,556,000 after acquiring an additional 10,863,281 shares during the last quarter. Finally, BlackRock Inc. increased its stake in shares of NU by 647.3% during the 2nd quarter. BlackRock Inc. now owns 54,900,552 shares of the company’s stock valued at $433,165,000 after acquiring an additional 47,554,011 shares during the last quarter. 80.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on NU. Susquehanna upped their price objective on shares of NU from $11.00 to $12.00 and gave the company a “positive” rating in a research note on Friday, February 23rd. UBS Group upped their price objective on shares of NU from $10.50 to $11.50 and gave the company a “buy” rating in a research note on Monday, January 29th. Finally, TheStreet upgraded NU from a “c+” rating to a “b” rating in a report on Friday, March 8th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $9.67.

Check Out Our Latest Report on NU

NU Stock Up 0.3 %

NYSE NU traded up $0.04 on Tuesday, reaching $11.86. The company had a trading volume of 18,024,766 shares, compared to its average volume of 33,752,707. The firm has a market capitalization of $55.66 billion, a PE ratio of 56.46, a P/E/G ratio of 0.58 and a beta of 1.08. Nu Holdings Ltd. has a 1 year low of $4.34 and a 1 year high of $12.39. The firm has a 50-day moving average of $10.73 and a 200-day moving average of $9.03. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.38 and a quick ratio of 0.31.

NU (NYSE:NUGet Free Report) last released its quarterly earnings results on Thursday, February 22nd. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The company had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.39 billion. NU had a return on equity of 20.02% and a net margin of 12.84%. During the same quarter in the prior year, the company earned $0.03 EPS. On average, equities research analysts anticipate that Nu Holdings Ltd. will post 0.39 EPS for the current fiscal year.

NU Company Profile

(Free Report)

Nu Holdings Ltd. provides digital banking platform and digital financial services in Brazil, Mexico, Colombia, and internationally. It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones.

Further Reading

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Institutional Ownership by Quarter for NU (NYSE:NU)

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