Caprock Group LLC Has $109,000 Stake in Nu Holdings Ltd. (NYSE:NU)

Caprock Group LLC cut its stake in shares of Nu Holdings Ltd. (NYSE:NU) by 29.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,517 shares of the company’s stock after selling 4,298 shares during the quarter. Caprock Group LLC’s holdings in NU were worth $109,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. LRI Investments LLC lifted its holdings in NU by 3.1% in the third quarter. LRI Investments LLC now owns 24,983 shares of the company’s stock valued at $341,000 after buying an additional 743 shares during the period. Coldstream Capital Management Inc. lifted its stake in shares of NU by 3.1% in the 3rd quarter. Coldstream Capital Management Inc. now owns 26,517 shares of the company’s stock valued at $362,000 after purchasing an additional 801 shares during the period. Marcum Wealth LLC boosted its position in shares of NU by 2.5% during the 3rd quarter. Marcum Wealth LLC now owns 37,221 shares of the company’s stock valued at $508,000 after purchasing an additional 903 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in NU by 1.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 69,110 shares of the company’s stock worth $716,000 after purchasing an additional 1,000 shares during the period. Finally, Arkfeld Wealth Strategies L.L.C. increased its holdings in NU by 2.0% in the fourth quarter. Arkfeld Wealth Strategies L.L.C. now owns 52,245 shares of the company’s stock worth $579,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors own 84.02% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on NU shares. The Goldman Sachs Group increased their price target on NU from $17.00 to $19.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. KeyCorp increased their target price on shares of NU from $15.00 to $17.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. Susquehanna lifted their price target on shares of NU from $16.00 to $18.00 and gave the company a “positive” rating in a research note on Thursday, November 14th. Citigroup cut shares of NU from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $14.60 to $11.00 in a research report on Monday, December 2nd. Finally, Itau BBA Securities lowered NU from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $15.63.

NU Price Performance

NU stock opened at $13.75 on Friday. The company has a market capitalization of $65.51 billion, a P/E ratio of 38.18, a price-to-earnings-growth ratio of 0.47 and a beta of 1.10. Nu Holdings Ltd. has a 52-week low of $9.44 and a 52-week high of $16.15. The business has a 50-day simple moving average of $11.64 and a two-hundred day simple moving average of $13.13. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.44 and a current ratio of 0.44.

NU Profile

Nu Holdings Ltd. is a holding company, which engages in the provision of digital banking services. The company was founded by David Vélez Osorno, Cristina Helena Zingaretti Junqueira, and Adam Edward Wible on February 26, 2016 and is headquartered in George Town, Cayman Islands.