NU (NYSE:NU) Rating Lowered to “Hold” at Zacks Research

NU (NYSE:NU) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Several other equities research analysts also recently weighed in on NU. Susquehanna raised their target price on shares of NU from $19.00 to $22.00 and gave the company a “positive” rating in a research note on Tuesday, January 27th. Bank of America reaffirmed a “neutral” rating on shares of NU in a research report on Monday, March 9th. The Goldman Sachs Group reiterated a “buy” rating and set a $21.00 price objective on shares of NU in a report on Thursday, December 18th. Santander raised NU from a “neutral” rating to an “outperform” rating in a research report on Thursday, December 4th. Finally, UBS Group upgraded NU from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $17.20 to $17.60 in a research note on Thursday, March 19th. Twelve investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $18.26.

NU Trading Up 0.9%

NU opened at $14.32 on Tuesday. The company has a quick ratio of 0.56, a current ratio of 0.58 and a debt-to-equity ratio of 0.39. The stock’s fifty day moving average is $16.22 and its two-hundred day moving average is $16.19. The company has a market capitalization of $68.98 billion, a P/E ratio of 24.68, a PEG ratio of 0.55 and a beta of 1.11. NU has a 52 week low of $9.01 and a 52 week high of $18.98.

NU (NYSE:NU) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.18 by $0.01. The business had revenue of $4.86 billion during the quarter, compared to analyst estimates of $4.55 billion. NU had a net margin of 18.19% and a return on equity of 30.68%. Analysts forecast that NU will post 0.58 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Cristina Helena Zing Junqueira sold 300,000 shares of the company’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $14.81, for a total value of $4,443,000.00. Following the sale, the chief executive officer owned 2,312,338 shares in the company, valued at $34,245,725.78. This represents a 11.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On NU

Large investors have recently bought and sold shares of the business. LOM Asset Management Ltd acquired a new position in shares of NU during the 4th quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd grew its stake in NU by 14,810.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,491 shares of the company’s stock valued at $25,000 after acquiring an additional 1,481 shares during the period. Cornerstone Planning Group LLC grew its stake in NU by 5,448.3% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,609 shares of the company’s stock valued at $27,000 after acquiring an additional 1,580 shares during the period. Zions Bancorporation National Association UT purchased a new stake in NU in the 4th quarter worth $27,000. Finally, Jordan Park Group LLC raised its position in NU by 129.3% during the third quarter. Jordan Park Group LLC now owns 1,958,842 shares of the company’s stock worth $31,000 after acquiring an additional 1,104,421 shares during the period. Institutional investors and hedge funds own 84.02% of the company’s stock.

More NU News

Here are the key news stories impacting NU this week:

• Positive Sentiment: UBS upgraded NU to Buy and raised its price target to $17.60, citing improved fundamentals and upside to monetization — a clear near-term catalyst for buying interest. Nu Holdings Ltd. (NU) Gets Upgraded to Buy From Neutral by UBS – Here’s Why
• Positive Sentiment: Analyst/press comparisons rank NU favorably vs. peers (SoFi), highlighting NU’s large user base, accelerating monetization and revenue growth — supportive for sentiment and relative valuation flows. SoFi vs. Nu Holdings: Which Fintech Stock Stands Out Right Now?
• Positive Sentiment: Sector coverage names NU among top fintechs redefining banking/payments, keeping the stock visible to thematic investors rotating into digital-banking exposure. Top Fintech Stocks Redefining Banking, Payments and Investing
• Positive Sentiment: A separate market-driven move followed easing U.S.-Iran tensions, which briefly lifted risk appetite and helped NU shares jump in a recent session. Nubank (NU) Stock Trades Up, Here Is Why
• Neutral Sentiment: Increased retail/institutional attention (heavily searched on Zacks) raises liquidity and short-term volatility potential but is neutral on direction until follow-through from fundamentals or guidance. Investors Heavily Search Nu Holdings Ltd. (NU): Here is What You Need to Know

NU Company Profile

Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.

Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.