RPg Family Wealth Advisory LLC Has $3.11 Million Stake in Nu Holdings Ltd. (NYSE:NU)

RPg Family Wealth Advisory LLC lifted its position in shares of Nu Holdings Ltd. (NYSE:NU) by 5.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 227,633 shares of the company’s stock after buying an additional 11,743 shares during the quarter. RPg Family Wealth Advisory LLC’s holdings in NU were worth $3,107,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC raised its position in shares of NU by 56.2% in the 2nd quarter. GAMMA Investing LLC now owns 2,264 shares of the company’s stock worth $29,000 after acquiring an additional 815 shares in the last quarter. Marcum Wealth LLC increased its holdings in NU by 2.5% in the third quarter. Marcum Wealth LLC now owns 37,221 shares of the company’s stock worth $508,000 after purchasing an additional 903 shares in the last quarter. Fortis Capital Management LLC lifted its stake in NU by 6.6% in the second quarter. Fortis Capital Management LLC now owns 17,330 shares of the company’s stock valued at $223,000 after buying an additional 1,072 shares during the period. Americana Partners LLC boosted its holdings in shares of NU by 7.8% during the 2nd quarter. Americana Partners LLC now owns 15,449 shares of the company’s stock worth $199,000 after buying an additional 1,115 shares in the last quarter. Finally, OneDigital Investment Advisors LLC grew its position in shares of NU by 4.9% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 26,477 shares of the company’s stock worth $361,000 after buying an additional 1,248 shares during the period. Institutional investors own 80.90% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on NU shares. JPMorgan Chase & Co. boosted their target price on shares of NU from $14.50 to $15.00 and gave the company a “neutral” rating in a research report on Monday, August 19th. KeyCorp upped their price objective on shares of NU from $15.00 to $17.00 and gave the company an “overweight” rating in a report on Thursday, November 14th. Barclays raised their target price on NU from $15.00 to $17.00 and gave the company an “overweight” rating in a research note on Friday, August 16th. Itau BBA Securities downgraded NU from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 14th. Finally, Susquehanna increased their price target on NU from $16.00 to $18.00 and gave the stock a “positive” rating in a report on Thursday, November 14th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.21.

NU Price Performance

NU stock opened at $13.95 on Wednesday. The company has a market capitalization of $66.48 billion, a P/E ratio of 38.71, a price-to-earnings-growth ratio of 0.64 and a beta of 1.13. Nu Holdings Ltd. has a 52-week low of $8.04 and a 52-week high of $16.15. The business has a 50-day simple moving average of $14.40 and a two-hundred day simple moving average of $13.32. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.44 and a current ratio of 0.44.

About NU

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.