Sapient Capital LLC Makes New $99,000 Investment in Nu Holdings Ltd. (NYSE:NU)

Sapient Capital LLC bought 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. The firm bought 11,888 shares of the company’s stock, valued at approximately $99,000.

Several other institutional investors also recently modified their holdings of the business. M&T Bank Corp boosted its stake in NU by 10.9% in the fourth quarter. M&T Bank Corp now owns 30,836 shares of the company’s stock valued at $257,000 after acquiring an additional 3,020 shares during the last quarter. Benjamin F. Edwards & Company Inc. purchased a new stake in NU in the 4th quarter worth about $94,000. Los Angeles Capital Management LLC raised its stake in NU by 14.1% in the 4th quarter. Los Angeles Capital Management LLC now owns 12,782 shares of the company’s stock valued at $106,000 after acquiring an additional 1,579 shares during the period. Natixis Advisors L.P. lifted its holdings in NU by 22.5% during the fourth quarter. Natixis Advisors L.P. now owns 283,701 shares of the company’s stock valued at $2,363,000 after purchasing an additional 52,081 shares during the last quarter. Finally, Fourth Sail Capital LP purchased a new position in shares of NU in the fourth quarter worth about $9,553,000. 80.90% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

NU has been the topic of a number of recent research reports. TheStreet upgraded shares of NU from a “c+” rating to a “b” rating in a research note on Friday, March 8th. Susquehanna increased their target price on NU from $11.00 to $12.00 and gave the stock a “positive” rating in a research report on Friday, February 23rd. KeyCorp lifted their price target on NU from $12.00 to $13.00 and gave the company an “overweight” rating in a research report on Monday, April 22nd. Finally, UBS Group raised their price target on shares of NU from $10.50 to $11.50 and gave the company a “buy” rating in a report on Monday, January 29th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $10.00.

NU Price Performance

Shares of NU stock opened at $12.00 on Thursday. The business’s 50-day moving average price is $11.47 and its 200-day moving average price is $9.73. The firm has a market capitalization of $56.31 billion, a PE ratio of 57.12, a price-to-earnings-growth ratio of 0.57 and a beta of 1.11. Nu Holdings Ltd. has a 12 month low of $5.73 and a 12 month high of $12.39. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.18.

NU (NYSE:NU) last released its earnings results on Thursday, February 22nd. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). NU had a net margin of 12.84% and a return on equity of 20.02%. The business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.39 billion. During the same period in the prior year, the business posted $0.03 EPS. Sell-side analysts forecast that Nu Holdings Ltd. will post 0.39 EPS for the current fiscal year.

NU Company Profile

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.