Nu Holdings Ltd. (NYSE:NU) Shares Bought by Bokf Na

Bokf Na lifted its stake in shares of Nu Holdings Ltd. (NYSE:NU) by 7,807.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 25,067 shares of the company’s stock after purchasing an additional 24,750 shares during the quarter. Bokf Na’s holdings in NU were worth $323,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in NU. GAMMA Investing LLC grew its holdings in NU by 56.2% in the second quarter. GAMMA Investing LLC now owns 2,264 shares of the company’s stock valued at $29,000 after purchasing an additional 815 shares during the last quarter. ORG Partners LLC purchased a new position in NU during the 2nd quarter valued at about $54,000. Opal Wealth Advisors LLC purchased a new stake in shares of NU in the second quarter valued at about $88,000. LRI Investments LLC acquired a new stake in shares of NU in the first quarter valued at approximately $91,000. Finally, ProVise Management Group LLC increased its stake in shares of NU by 13.5% during the 4th quarter. ProVise Management Group LLC now owns 11,580 shares of the company’s stock worth $96,000 after purchasing an additional 1,380 shares in the last quarter. Hedge funds and other institutional investors own 80.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on NU. Susquehanna reaffirmed a “positive” rating and issued a $16.00 target price on shares of NU in a research note on Thursday, August 15th. Jefferies Financial Group lifted their price objective on NU from $10.80 to $15.20 and gave the stock a “buy” rating in a research report on Monday, June 24th. Barclays upped their target price on shares of NU from $15.00 to $17.00 and gave the company an “overweight” rating in a report on Friday, August 16th. Bank of America lifted their price target on shares of NU from $12.80 to $15.00 and gave the stock a “neutral” rating in a report on Thursday, September 12th. Finally, UBS Group downgraded shares of NU from a “buy” rating to a “neutral” rating and set a $13.50 price objective on the stock. in a research note on Friday, August 2nd. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $14.08.

NU Stock Performance

Shares of NU stock opened at $14.89 on Tuesday. The firm has a market capitalization of $70.94 billion, a price-to-earnings ratio of 57.25, a price-to-earnings-growth ratio of 0.68 and a beta of 1.17. The company has a 50 day moving average price of $13.36 and a 200 day moving average price of $12.30. Nu Holdings Ltd. has a one year low of $6.77 and a one year high of $15.10. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.49 and a current ratio of 0.49.

NU (NYSE:NU) last released its quarterly earnings data on Tuesday, August 13th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. NU had a return on equity of 27.00% and a net margin of 15.11%. The business had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the prior year, the firm posted $0.05 EPS. Sell-side analysts anticipate that Nu Holdings Ltd. will post 0.4 EPS for the current year.

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.