Capula Management Ltd Makes New $1.60 Million Investment in Nu Holdings Ltd. $NU

Capula Management Ltd acquired a new position in shares of Nu Holdings Ltd. (NYSE:NU) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 99,800 shares of the company’s stock, valued at approximately $1,598,000.

Several other large investors have also modified their holdings of NU. Verdence Capital Advisors LLC grew its position in shares of NU by 1.8% in the 3rd quarter. Verdence Capital Advisors LLC now owns 44,508 shares of the company’s stock valued at $712,000 after buying an additional 804 shares during the last quarter. Canvas Wealth Advisors LLC lifted its position in NU by 4.9% in the third quarter. Canvas Wealth Advisors LLC now owns 19,087 shares of the company’s stock valued at $292,000 after acquiring an additional 900 shares during the last quarter. Covestor Ltd lifted its position in NU by 8.2% in the third quarter. Covestor Ltd now owns 12,194 shares of the company’s stock valued at $195,000 after acquiring an additional 919 shares during the last quarter. TD Waterhouse Canada Inc. boosted its stake in NU by 15.3% in the third quarter. TD Waterhouse Canada Inc. now owns 7,324 shares of the company’s stock valued at $128,000 after acquiring an additional 972 shares in the last quarter. Finally, Core Wealth Partners LLC boosted its stake in NU by 8.0% in the third quarter. Core Wealth Partners LLC now owns 13,500 shares of the company’s stock valued at $216,000 after acquiring an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 84.02% of the company’s stock.

NU Trading Down 0.7%

Shares of NU stock opened at $13.88 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.56 and a current ratio of 0.58. The company has a market capitalization of $66.86 billion, a P/E ratio of 23.92, a PEG ratio of 0.54 and a beta of 1.11. Nu Holdings Ltd. has a 1 year low of $9.01 and a 1 year high of $18.98. The company’s fifty day moving average is $16.71 and its two-hundred day moving average is $16.22.

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

Wall Street Analysts Forecast Growth

NU has been the topic of a number of research analyst reports. Bank of America reiterated a “neutral” rating on shares of NU in a research report on Monday, March 9th. Itau BBA Securities reissued an “outperform” rating on shares of NU in a research report on Tuesday, February 24th. Weiss Ratings upgraded NU from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Santander raised NU from a “neutral” rating to an “outperform” rating in a research report on Thursday, December 4th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $21.00 price objective on shares of NU in a research note on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $18.22.

NU 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.