Nu Holdings Ltd. $NU Shares Acquired by Matauro LLC

Matauro LLC raised its position in shares of Nu Holdings Ltd. (NYSE:NU) by 804.6% during the 4th quarter, Holdings Channel reports. The firm owned 147,078 shares of the company’s stock after buying an additional 130,819 shares during the quarter. Matauro LLC’s holdings in NU were worth $2,462,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. Jordan Park Group LLC lifted its holdings in shares of NU by 129.3% during the third quarter. Jordan Park Group LLC now owns 1,958,842 shares of the company’s stock worth $31,000 after purchasing an additional 1,104,421 shares during the period. EverSource Wealth Advisors LLC boosted its position in NU by 63.5% in 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 during the last quarter. VSM Wealth Advisory LLC increased its holdings in NU by 1,000.0% in the 3rd quarter. VSM Wealth Advisory LLC now owns 3,300 shares of the company’s stock worth $53,000 after buying an additional 3,000 shares during the period. Allworth Financial LP raised its position in NU by 36.1% during the 3rd quarter. Allworth Financial LP now owns 3,488 shares of the company’s stock worth $56,000 after buying an additional 926 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its position in NU by 22.3% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 4,394 shares of the company’s stock worth $74,000 after buying an additional 802 shares during the last quarter. 84.02% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently commented on NU shares. Santander raised shares of NU from a “neutral” rating to an “outperform” rating in a report on Thursday, December 4th. Weiss Ratings raised shares of NU from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Zacks Research lowered shares of NU from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Itau BBA Securities reaffirmed an “outperform” rating on shares of NU in a research report on Tuesday, March 17th. Finally, Bank of America reiterated a “neutral” rating on shares of NU in a research note on Monday, March 9th. Twelve investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $18.26.

Insider Activity

In other news, CEO Cristina Helena Zing Junqueira sold 300,000 shares of the stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $14.81, for a total transaction of $4,443,000.00. Following the sale, the chief executive officer directly owned 2,312,338 shares of the company’s stock, valued at $34,245,725.78. This represents a 11.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.20% of the stock is currently owned by insiders.

NU Stock Performance

NU opened at $14.45 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.58 and a quick ratio of 0.56. The firm has a fifty day moving average price of $15.93 and a 200 day moving average price of $16.14. Nu Holdings Ltd. has a 1 year low of $9.01 and a 1 year high of $18.98. The stock has a market cap of $69.61 billion, a P/E ratio of 24.91, a P/E/G ratio of 0.56 and a beta of 1.10.

NU (NYSE:NU) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.18 by $0.01. NU had a net margin of 18.19% and a return on equity of 30.68%. The company had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.55 billion. Equities research analysts anticipate that Nu Holdings Ltd. will post 0.58 earnings per share for the current year.

About NU

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.