Carolina Wealth Advisors LLC Has $150,000 Stock Holdings in Nu Holdings Ltd. (NYSE:NU)

Carolina Wealth Advisors LLC grew its holdings in Nu Holdings Ltd. (NYSE:NU) by 349.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,442 shares of the company’s stock after buying an additional 11,228 shares during the quarter. Carolina Wealth Advisors LLC’s holdings in NU were worth $150,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NU. Baillie Gifford & Co. boosted its holdings in NU by 13.0% during the third quarter. Baillie Gifford & Co. now owns 210,103,451 shares of the company’s stock worth $2,867,912,000 after buying an additional 24,140,416 shares during the last quarter. Jennison Associates LLC lifted its holdings in shares of NU by 7.1% during the 3rd quarter. Jennison Associates LLC now owns 96,754,946 shares of the company’s stock valued at $1,320,705,000 after purchasing an additional 6,435,526 shares in the last quarter. State Street Corp lifted its holdings in shares of NU by 105.9% during the 3rd quarter. State Street Corp now owns 78,865,138 shares of the company’s stock valued at $1,076,509,000 after purchasing an additional 40,560,986 shares in the last quarter. FMR LLC lifted its holdings in shares of NU by 16.4% during the 3rd quarter. FMR LLC now owns 61,801,891 shares of the company’s stock valued at $843,596,000 after purchasing an additional 8,728,833 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of NU by 104.3% during the 3rd quarter. Geode Capital Management LLC now owns 32,597,803 shares of the company’s stock valued at $442,935,000 after purchasing an additional 16,638,397 shares in the last quarter. 84.02% of the stock is currently owned by institutional investors and hedge funds.

NU Stock Up 4.7 %

NU stock opened at $11.42 on Thursday. Nu Holdings Ltd. has a twelve month low of $8.51 and a twelve month high of $16.15. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.20. The firm has a market cap of $54.43 billion, a PE ratio of 31.72, a price-to-earnings-growth ratio of 0.39 and a beta of 1.05. The business has a 50 day moving average of $12.28 and a 200 day moving average of $13.19.

Analysts Set New Price Targets

Several research firms have recently weighed in on NU. Citigroup cut NU from a “neutral” rating to a “sell” rating and cut their price objective for the company from $14.60 to $11.00 in a report on Monday, December 2nd. Susquehanna boosted their target price on NU from $16.00 to $18.00 and gave the company a “positive” rating in a research note on Thursday, November 14th. The Goldman Sachs Group boosted their target price on NU from $17.00 to $19.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Itau BBA Securities cut NU from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 14th. Finally, KeyCorp boosted their price target on NU from $15.00 to $17.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, NU presently has an average rating of “Hold” and a consensus target price of $15.63.

NU 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.