Nu Holdings Ltd. (NYSE:NU) is Warther Private Wealth LLC’s 9th Largest Position

Warther Private Wealth LLC grew its position in shares of Nu Holdings Ltd. (NYSE:NU) by 1.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 857,344 shares of the company’s stock after buying an additional 13,950 shares during the quarter. NU makes up approximately 4.1% of Warther Private Wealth LLC’s portfolio, making the stock its 9th largest holding. Warther Private Wealth LLC’s holdings in NU were worth $11,703,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Baillie Gifford & Co. raised its holdings in shares of NU by 47.6% in the first quarter. Baillie Gifford & Co. now owns 169,450,124 shares of the company’s stock valued at $2,021,540,000 after buying an additional 54,681,625 shares during the last quarter. Capital Research Global Investors increased its position in NU by 15.7% in the 1st quarter. Capital Research Global Investors now owns 202,618,338 shares of the company’s stock valued at $2,417,237,000 after acquiring an additional 27,420,994 shares during the period. Jennison Associates LLC raised its stake in NU by 32.4% during the 1st quarter. Jennison Associates LLC now owns 87,155,886 shares of the company’s stock valued at $1,039,770,000 after acquiring an additional 21,342,814 shares during the last quarter. American Century Companies Inc. lifted its position in NU by 73.1% during the 2nd quarter. American Century Companies Inc. now owns 17,237,693 shares of the company’s stock worth $222,194,000 after acquiring an additional 7,279,458 shares during the period. Finally, 1832 Asset Management L.P. grew its stake in shares of NU by 216.4% in the 1st quarter. 1832 Asset Management L.P. now owns 8,028,600 shares of the company’s stock valued at $95,781,000 after purchasing an additional 5,490,800 shares during the last quarter. Institutional investors and hedge funds own 80.90% of the company’s stock.

NU Stock Performance

Shares of NU opened at $15.07 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.25. Nu Holdings Ltd. has a 52-week low of $7.74 and a 52-week high of $15.16. The company has a 50-day simple moving average of $14.25 and a 200-day simple moving average of $12.75. The company has a market capitalization of $71.82 billion, a PE ratio of 48.42, a P/E/G ratio of 0.66 and a beta of 1.15.

NU (NYSE:NU) last issued its earnings results on Tuesday, August 13th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. The company had revenue of $2.85 billion during the quarter, compared to analysts’ expectations of $2.90 billion. NU had a net margin of 15.11% and a return on equity of 27.00%. During the same period last year, the company posted $0.05 earnings per share. Equities research analysts predict that Nu Holdings Ltd. will post 0.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on NU shares. Barclays upped their price target on NU from $15.00 to $17.00 and gave the stock an “overweight” rating in a research note on Friday, August 16th. Bank of America upped their price objective on shares of NU from $12.80 to $15.00 and gave the stock a “neutral” rating in a research report on Thursday, September 12th. JPMorgan Chase & Co. lifted their target price on shares of NU from $14.50 to $15.00 and gave the company a “neutral” rating in a report on Monday, August 19th. The Goldman Sachs Group increased their price target on shares of NU from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Thursday, July 11th. Finally, UBS Group downgraded shares of NU from a “buy” rating to a “neutral” rating and set a $13.50 price objective for the company. in a research report on Friday, August 2nd. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, NU has an average rating of “Moderate Buy” and a consensus target price of $15.21.

NU Company 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.