Matauro LLC Makes New $120,000 Investment in Nu Holdings Ltd. (NYSE:NU)

Matauro LLC acquired a new stake in shares of Nu Holdings Ltd. (NYSE:NU) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 11,539 shares of the company’s stock, valued at approximately $120,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Baillie Gifford & Co. lifted its position 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. Jennison Associates LLC raised its holdings in shares of NU by 7.1% during the 3rd quarter. Jennison Associates LLC now owns 96,754,946 shares of the company’s stock worth $1,320,705,000 after acquiring an additional 6,435,526 shares in the last quarter. State Street Corp raised its holdings in shares of NU by 105.9% during the 3rd quarter. State Street Corp now owns 78,865,138 shares of the company’s stock worth $1,076,509,000 after acquiring an additional 40,560,986 shares in the last quarter. FMR LLC boosted its position in shares of NU by 16.4% during the 3rd quarter. FMR LLC now owns 61,801,891 shares of the company’s stock valued at $843,596,000 after acquiring an additional 8,728,833 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of NU by 104.3% in the third quarter. Geode Capital Management LLC now owns 32,597,803 shares of the company’s stock valued at $442,935,000 after purchasing an additional 16,638,397 shares in the last quarter. Institutional investors own 84.02% of the company’s stock.

NU Trading Down 19.2 %

Shares of NYSE NU opened at $10.78 on Friday. Nu Holdings Ltd. has a twelve month low of $9.67 and a twelve month high of $16.15. The firm has a market cap of $51.35 billion, a PE ratio of 26.94, a price-to-earnings-growth ratio of 0.48 and a beta of 1.10. The business has a fifty day simple moving average of $11.92 and a two-hundred day simple moving average of $13.23. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.20.

NU (NYSE:NU) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.12 earnings per share for the quarter, meeting the consensus estimate of $0.12. NU had a return on equity of 30.99% and a net margin of 17.12%. The firm had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $3.17 billion. Analysts expect that Nu Holdings Ltd. will post 0.58 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

NU has been the subject of several research reports. Itau BBA Securities lowered shares of NU from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 14th. UBS Group lowered their price target on shares of NU from $15.50 to $15.00 and set a “neutral” rating for the company in a report on Tuesday. The Goldman Sachs Group lifted their price target on NU from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. KeyCorp upped their price objective on NU from $15.00 to $17.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. Finally, Citigroup lowered NU from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $14.60 to $11.00 in a research note on Monday, December 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, NU has a consensus rating of “Hold” and a consensus target price of $15.80.

NU Company 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.