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

Sapient Capital LLC purchased a new position in shares of Nu Holdings Ltd. (NYSE:NU) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 11,888 shares of the company’s stock, valued at approximately $99,000.

Several other large investors also recently modified their holdings of the stock. AE Wealth Management LLC grew its stake in NU by 10.9% in the 3rd quarter. AE Wealth Management LLC now owns 13,268 shares of the company’s stock valued at $96,000 after buying an additional 1,299 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in NU by 10.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 14,550 shares of the company’s stock valued at $121,000 after purchasing an additional 1,330 shares during the period. O Shaughnessy Asset Management LLC boosted its holdings in NU by 4.2% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 33,583 shares of the company’s stock valued at $243,000 after purchasing an additional 1,364 shares during the period. Impact Partnership Wealth LLC boosted its holdings in NU by 14.4% in the 3rd quarter. Impact Partnership Wealth LLC now owns 12,362 shares of the company’s stock valued at $90,000 after purchasing an additional 1,560 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in NU by 37.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 6,081 shares of the company’s stock valued at $48,000 after purchasing an additional 1,641 shares during the period. Hedge funds and other institutional investors own 80.90% of the company’s stock.

NU Stock Performance

NU stock opened at $10.84 on Wednesday. The company has a quick ratio of 0.31, a current ratio of 0.38 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $50.89 billion, a PE ratio of 51.62, a P/E/G ratio of 0.54 and a beta of 1.08. The firm has a fifty day simple moving average of $11.21 and a two-hundred day simple moving average of $9.35. Nu Holdings Ltd. has a twelve month low of $4.51 and a twelve month high of $12.39.

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

Wall Street Analysts Forecast Growth

NU has been the subject of several analyst reports. TheStreet raised shares of NU from a “c+” rating to a “b” rating in a report on Friday, March 8th. Susquehanna lifted their price objective on shares of NU from $11.00 to $12.00 and gave the stock a “positive” rating in a report on Friday, February 23rd. Finally, UBS Group lifted their price objective on shares of NU from $10.50 to $11.50 and gave the stock 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $9.67.

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.