12,626 Shares in Nu Holdings Ltd. (NYSE:NU) Purchased by Wexford Capital LP

Wexford Capital LP acquired a new position in shares of Nu Holdings Ltd. (NYSE:NU) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,626 shares of the company’s stock, valued at approximately $131,000.

Other hedge funds have also bought and sold shares of the company. Baader Bank Aktiengesellschaft lifted its stake in shares of NU by 19.6% in the fourth quarter. Baader Bank Aktiengesellschaft now owns 355,332 shares of the company’s stock worth $3,680,000 after buying an additional 58,183 shares in the last quarter. Baillie Gifford & Co. lifted its stake in shares of NU by 7.1% in the fourth quarter. Baillie Gifford & Co. now owns 224,979,342 shares of the company’s stock worth $2,330,786,000 after buying an additional 14,875,891 shares in the last quarter. Barclays PLC raised its holdings in shares of NU by 55.7% during the third quarter. Barclays PLC now owns 1,005,022 shares of the company’s stock valued at $13,718,000 after purchasing an additional 359,733 shares during the last quarter. Artemis Investment Management LLP raised its holdings in shares of NU by 73.3% during the fourth quarter. Artemis Investment Management LLP now owns 571,753 shares of the company’s stock valued at $5,923,000 after purchasing an additional 241,907 shares during the last quarter. Finally, KBC Group NV raised its holdings in shares of NU by 314.8% during the fourth quarter. KBC Group NV now owns 633,708 shares of the company’s stock valued at $6,565,000 after purchasing an additional 480,922 shares during the last quarter. Institutional investors own 84.02% of the company’s stock.

NU Price Performance

Shares of NYSE:NU opened at $13.09 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.44 and a current ratio of 0.44. The firm has a fifty day moving average price of $11.49 and a 200 day moving average price of $12.01. Nu Holdings Ltd. has a fifty-two week low of $9.01 and a fifty-two week high of $16.15. The firm has a market cap of $63.08 billion, a price-to-earnings ratio of 32.73, a P/E/G ratio of 0.48 and a beta of 1.11.

NU (NYSE:NU) last issued its earnings results on Tuesday, May 13th. The company reported $0.11 earnings per share 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 company had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the prior year, the company posted $0.09 EPS. As a group, sell-side analysts expect that Nu Holdings Ltd. will post 0.58 earnings per share for the current fiscal year.

Analysts Set New Price Targets

NU has been the subject of several research reports. UBS Group decreased their price objective on shares of NU from $15.50 to $15.00 and set a “neutral” rating for the company in a report on Tuesday, February 18th. Barclays boosted their price objective on shares of NU from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Friday, April 25th. JPMorgan Chase & Co. raised shares of NU from a “neutral” rating to an “overweight” rating and decreased their price objective for the company from $14.00 to $13.00 in a report on Tuesday, April 8th. Finally, Susquehanna boosted their price objective on shares of NU from $14.00 to $15.00 and gave the company a “positive” rating in a report on Wednesday, May 14th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, NU has a consensus rating of “Moderate Buy” and a consensus price target of $15.13.

About NU

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.