Nu Holdings Ltd. $NU Shares Acquired by ANTIPODES PARTNERS Ltd

ANTIPODES PARTNERS Ltd boosted its holdings in Nu Holdings Ltd. (NYSE:NU) by 37.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,492,217 shares of the company’s stock after buying an additional 957,531 shares during the quarter. ANTIPODES PARTNERS Ltd’s holdings in NU were worth $55,915,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of NU. Quaker Wealth Management LLC grew its holdings in shares of NU by 212.7% in the 2nd quarter. Quaker Wealth Management LLC now owns 2,300 shares of the company’s stock worth $32,000 after acquiring an additional 4,341 shares during the last quarter. Allworth Financial LP boosted its position in shares of NU by 166.6% in the 2nd quarter. Allworth Financial LP now owns 2,562 shares of the company’s stock valued at $35,000 after purchasing an additional 1,601 shares during the period. Atlantic Union Bankshares Corp purchased a new position in NU in the 2nd quarter worth about $38,000. FNY Investment Advisers LLC raised its holdings in NU by 334,100.0% during the 2nd quarter. FNY Investment Advisers LLC now owns 3,342 shares of the company’s stock worth $45,000 after buying an additional 3,341 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in NU by 63.5% during the second quarter. EverSource Wealth Advisors LLC now owns 3,768 shares of the company’s stock valued at $52,000 after buying an additional 1,464 shares in the last quarter. Institutional investors own 84.02% of the company’s stock.

NU Stock Performance

NYSE:NU opened at $17.55 on Friday. The firm has a market capitalization of $84.55 billion, a PE ratio of 34.40, a PEG ratio of 0.56 and a beta of 1.08. The firm’s fifty day simple moving average is $17.18 and its 200 day simple moving average is $15.98. Nu Holdings Ltd. has a 1 year low of $9.01 and a 1 year high of $18.98. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.29.

Wall Street Analysts Forecast Growth

NU has been the topic of several analyst reports. Santander raised shares of NU from a “neutral” rating to an “outperform” rating in a research report on Thursday, December 4th. KeyCorp raised their price objective on shares of NU from $15.00 to $19.00 and gave the stock an “overweight” rating in a research note on Friday, November 14th. Weiss Ratings upgraded NU from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Susquehanna raised their target price on NU from $19.00 to $22.00 and gave the stock a “positive” rating in a research report on Tuesday, January 27th. Finally, Zacks Research raised NU from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.34.

NU Profile

Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.

Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.