64,519 Shares in Nu Holdings Ltd. (NYSE:NU) Purchased by Qsemble Capital Management LP

Qsemble Capital Management LP bought a new stake in Nu Holdings Ltd. (NYSE:NU) during the third quarter, Holdings Channel.com reports. The fund bought 64,519 shares of the company’s stock, valued at approximately $881,000.

Other institutional investors also recently added to or reduced their stakes in the company. Hamilton Lane Advisors LLC grew its stake in shares of NU by 97.8% in the first quarter. Hamilton Lane Advisors LLC now owns 500,791 shares of the company’s stock worth $5,974,000 after acquiring an additional 247,642 shares during the last quarter. Vanguard Group Inc. raised its position in shares of NU by 3.7% during the first quarter. Vanguard Group Inc. now owns 9,593,217 shares of the company’s stock valued at $114,447,000 after buying an additional 343,114 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in shares of NU by 34.2% in the first quarter. Advisors Asset Management Inc. now owns 30,314 shares of the company’s stock valued at $362,000 after buying an additional 7,717 shares during the period. First Western Trust Bank grew its position in NU by 60.0% during the first quarter. First Western Trust Bank now owns 17,589 shares of the company’s stock worth $210,000 after buying an additional 6,596 shares in the last quarter. Finally, Milestones Administradora de Recursos Ltda. increased its stake in NU by 41.5% during the first quarter. Milestones Administradora de Recursos Ltda. now owns 1,278,500 shares of the company’s stock valued at $15,253,000 after acquiring an additional 375,000 shares during the period. 80.90% of the stock is owned by institutional investors.

NU Stock Down 2.1 %

NYSE NU opened at $13.94 on Wednesday. The stock’s 50 day simple moving average is $14.40 and its 200 day simple moving average is $13.32. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.44 and a quick ratio of 0.44. The firm has a market cap of $66.41 billion, a PE ratio of 38.71, a price-to-earnings-growth ratio of 0.64 and a beta of 1.13. Nu Holdings Ltd. has a one year low of $8.04 and a one year high of $16.15.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on NU. The Goldman Sachs Group boosted their price objective on NU from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Barclays boosted their price target on shares of NU from $15.00 to $17.00 and gave the company an “overweight” rating in a report on Friday, August 16th. Bank of America raised their price objective on shares of NU from $12.80 to $15.00 and gave the stock a “neutral” rating in a report on Thursday, September 12th. Susquehanna upped their target price on shares of NU from $16.00 to $18.00 and gave the company a “positive” rating in a research note on Thursday, November 14th. Finally, KeyCorp raised their price target on shares of NU from $15.00 to $17.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, NU currently has a consensus rating of “Moderate Buy” and an average target price of $16.21.

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.