Yousif Capital Management LLC Has $202,000 Position in Nu Holdings Ltd. (NYSE:NU)

Yousif Capital Management LLC boosted its holdings in Nu Holdings Ltd. (NYSE:NU) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,192 shares of the company’s stock after buying an additional 1,261 shares during the quarter. Yousif Capital Management LLC’s holdings in NU were worth $202,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Huntington National Bank raised its holdings in NU by 1,232.5% in the 3rd quarter. Huntington National Bank now owns 4,144 shares of the company’s stock valued at $30,000 after buying an additional 3,833 shares during the last quarter. Tennessee Valley Asset Management Partners bought a new position in NU in the 4th quarter valued at approximately $52,000. UMB Bank n.a. bought a new position in NU in the 4th quarter valued at approximately $55,000. PNC Financial Services Group Inc. raised its holdings in NU by 37.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 8,339 shares of the company’s stock valued at $60,000 after buying an additional 2,258 shares during the last quarter. Finally, ProVise Management Group LLC bought a new position in NU in the 3rd quarter valued at approximately $74,000. Institutional investors own 80.90% of the company’s stock.

NU Stock Performance

NYSE:NU opened at $12.00 on Tuesday. The company has a fifty day moving average of $11.41 and a 200-day moving average of $9.66. The firm has a market capitalization of $56.34 billion, a P/E ratio of 57.14, a P/E/G ratio of 0.57 and a beta of 1.11. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.18. Nu Holdings Ltd. has a twelve month low of $5.48 and a twelve month high of $12.39.

NU (NYSE:NU) last released its quarterly earnings data 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). The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.39 billion. NU had a net margin of 12.84% and a return on equity of 20.02%. During the same quarter in the prior year, the firm earned $0.03 EPS. As a group, sell-side analysts anticipate that Nu Holdings Ltd. will post 0.39 EPS for the current year.

Analyst Ratings Changes

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

About NU

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.