Hantz Financial Services Inc. Takes $1.14 Million Position in Nu Holdings Ltd. (NYSE:NU)

Hantz Financial Services Inc. bought a new position in shares of Nu Holdings Ltd. (NYSE:NU) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 109,929 shares of the company’s stock, valued at approximately $1,139,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. grew its stake in shares of NU by 5.3% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 21,044,971 shares of the company’s stock worth $218,026,000 after purchasing an additional 1,067,992 shares during the last quarter. SteelPeak Wealth LLC bought a new stake in NU during the fourth quarter worth approximately $105,000. Perigon Wealth Management LLC grew its position in NU by 9.9% in the fourth quarter. Perigon Wealth Management LLC now owns 13,505 shares of the company’s stock worth $152,000 after buying an additional 1,216 shares during the last quarter. Piscataqua Savings Bank increased its holdings in shares of NU by 500.0% in the fourth quarter. Piscataqua Savings Bank now owns 3,000 shares of the company’s stock valued at $31,000 after buying an additional 2,500 shares in the last quarter. Finally, KBC Group NV lifted its position in shares of NU by 314.8% during the 4th quarter. KBC Group NV now owns 633,708 shares of the company’s stock valued at $6,565,000 after acquiring an additional 480,922 shares during the last quarter. 84.02% of the stock is currently owned by institutional investors.

NU Stock Down 1.5 %

NU stock opened at $13.24 on Friday. Nu Holdings Ltd. has a 12-month low of $8.58 and a 12-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 company has a market cap of $63.08 billion, a price-to-earnings ratio of 36.76, a PEG ratio of 0.45 and a beta of 1.05. The company has a 50 day moving average of $11.64 and a two-hundred day moving average of $13.12.

Analysts Set New Price Targets

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

About NU

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.