336,197 Shares in Nu Holdings Ltd. $NU Bought by ARP Global Capital Ltd

ARP Global Capital Ltd acquired a new stake in Nu Holdings Ltd. (NYSE:NU) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 336,197 shares of the company’s stock, valued at approximately $5,628,000. NU comprises approximately 1.7% of ARP Global Capital Ltd’s investment portfolio, making the stock its 18th biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LOM Asset Management Ltd acquired a new position in shares of NU during the 4th quarter worth about $25,000. Caitong International Asset Management Co. Ltd raised its stake in NU by 14,810.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,491 shares of the company’s stock worth $25,000 after buying an additional 1,481 shares during the period. Cornerstone Planning Group LLC lifted its holdings in NU by 5,448.3% during the fourth quarter. Cornerstone Planning Group LLC now owns 1,609 shares of the company’s stock worth $27,000 after acquiring an additional 1,580 shares in the last quarter. Zions Bancorporation National Association UT acquired a new position in NU in the fourth quarter valued at about $27,000. Finally, Jordan Park Group LLC increased its holdings in shares of NU by 129.3% in the third quarter. Jordan Park Group LLC now owns 1,958,842 shares of the company’s stock worth $31,000 after acquiring an additional 1,104,421 shares in the last quarter. Institutional investors own 84.02% of the company’s stock.

NU Price Performance

NU stock opened at $13.88 on Friday. The company has a market capitalization of $66.86 billion, a price-to-earnings ratio of 23.92, a PEG ratio of 0.55 and a beta of 1.11. The company has a current ratio of 0.58, a quick ratio of 0.56 and a debt-to-equity ratio of 0.39. Nu Holdings Ltd. has a 12 month low of $9.01 and a 12 month high of $18.98. The stock’s 50 day moving average is $16.71 and its 200-day moving average is $16.21.

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

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Itau BBA Securities reiterated an “outperform” rating on shares of NU in a report on Tuesday, February 24th. KeyCorp raised their target price on shares of NU from $15.00 to $19.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. Zacks Research raised shares of NU from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 9th. The Goldman Sachs Group reiterated a “buy” rating and issued a $21.00 price target on shares of NU in a report on Thursday, December 18th. Finally, JPMorgan Chase & Co. increased their price objective on shares of NU from $17.00 to $18.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, NU has an average rating of “Moderate Buy” and an average target price of $18.22.

NU Profile

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.