Whipplewood Advisors LLC Acquires Shares of 5,995 Nu Holdings Ltd. (NYSE:NU)

Whipplewood Advisors LLC acquired a new stake in Nu Holdings Ltd. (NYSE:NU) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,995 shares of the company’s stock, valued at approximately $62,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of NU. Piscataqua Savings Bank raised its stake in NU by 500.0% in the fourth quarter. Piscataqua Savings Bank now owns 3,000 shares of the company’s stock valued at $31,000 after buying an additional 2,500 shares during the period. Huntington National Bank grew its position in shares of NU by 86.3% in the third 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. Berbice Capital Management LLC acquired a new position in shares of NU in the fourth quarter valued at approximately $93,000. SteelPeak Wealth LLC acquired a new position in shares of NU in the fourth quarter valued at approximately $105,000. Finally, Quarry LP grew its position in shares of NU by 104.8% in the third quarter. Quarry LP now owns 7,890 shares of the company’s stock valued at $108,000 after purchasing an additional 4,037 shares during the last quarter. Institutional investors own 84.02% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Barclays decreased their target price on NU from $17.00 to $15.00 and set an “overweight” rating on the stock in a research report on Monday, February 24th. JPMorgan Chase & Co. decreased their target price on NU from $15.00 to $14.00 and set a “neutral” rating on the stock in a research report on Monday, February 24th. KeyCorp upped their target price on NU from $15.00 to $17.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. The Goldman Sachs Group upped their target price on NU from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Finally, UBS Group decreased their target price on NU from $15.50 to $15.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 18th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $15.47.

NU Trading Down 4.3 %

Shares of NYSE:NU opened at $10.77 on Friday. The company has a market capitalization of $51.31 billion, a P/E ratio of 26.92, a P/E/G ratio of 0.48 and a beta of 1.10. Nu Holdings Ltd. has a 1 year low of $9.67 and a 1 year high of $16.15. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.44 and a quick ratio of 0.44. The business’s 50 day simple moving average is $11.95 and its 200 day simple moving average is $13.21.

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

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.