10,696 Shares in Nu Holdings Ltd. (NYSE:NU) Purchased by Paradice Investment Management LLC

Paradice Investment Management LLC acquired a new position in shares of Nu Holdings Ltd. (NYSE:NU) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,696 shares of the company’s stock, valued at approximately $111,000. NU accounts for 0.0% of Paradice Investment Management LLC’s investment portfolio, making the stock its 24th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fisher Asset Management LLC acquired a new stake in shares of NU in the 3rd quarter valued at approximately $98,704,000. Thrivent Financial for Lutherans raised its holdings in NU by 23.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 257,648 shares of the company’s stock valued at $3,517,000 after buying an additional 48,445 shares during the last quarter. Adero Partners LLC raised its holdings in NU by 5.7% in the 3rd quarter. Adero Partners LLC now owns 4,819,355 shares of the company’s stock valued at $65,784,000 after buying an additional 259,324 shares during the last quarter. Summit Partners Public Asset Management LLC raised its holdings in NU by 20.0% in the 3rd quarter. Summit Partners Public Asset Management LLC now owns 300,000 shares of the company’s stock valued at $4,095,000 after buying an additional 50,000 shares during the last quarter. Finally, Baader Bank Aktiengesellschaft raised its holdings in NU by 19.6% in the 4th quarter. Baader Bank Aktiengesellschaft now owns 355,332 shares of the company’s stock valued at $3,680,000 after buying an additional 58,183 shares during the last quarter. Institutional investors own 84.02% of the company’s stock.

Analysts Set New Price Targets

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

NU Trading Down 0.7 %

Shares of NU opened at $13.70 on Tuesday. Nu Holdings Ltd. has a twelve month low of $9.67 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 stock has a market cap of $65.27 billion, a PE ratio of 38.04, a P/E/G ratio of 0.49 and a beta of 1.10. The business’s 50-day moving average price is $11.86 and its 200-day moving average price is $13.21.

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.