OneDigital Investment Advisors LLC Has $760,000 Holdings in Nu Holdings Ltd. (NYSE:NU)

OneDigital Investment Advisors LLC lifted its position in shares of Nu Holdings Ltd. (NYSE:NU) by 176.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,326 shares of the company’s stock after acquiring an additional 46,849 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in NU were worth $760,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Piscataqua Savings Bank lifted its holdings in shares of NU by 500.0% during the fourth quarter. Piscataqua Savings Bank now owns 3,000 shares of the company’s stock worth $31,000 after purchasing an additional 2,500 shares during the period. TD Waterhouse Canada Inc. lifted its holdings in NU by 190.8% during the 4th quarter. TD Waterhouse Canada Inc. now owns 4,900 shares of the company’s stock worth $51,000 after buying an additional 3,215 shares during the period. Campbell Capital Management Inc. bought a new stake in shares of NU in the 4th quarter valued at about $52,000. Whipplewood Advisors LLC acquired a new stake in shares of NU in the fourth quarter valued at about $62,000. Finally, Ethos Financial Group LLC bought a new position in shares of NU during the fourth quarter worth about $82,000. Institutional investors own 84.02% of the company’s stock.

NU Price Performance

NU stock opened at $12.01 on Friday. 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 company’s 50-day moving average is $10.98 and its 200-day moving average is $12.24. The stock has a market capitalization of $57.24 billion, a PE ratio of 30.03, a price-to-earnings-growth ratio of 0.48 and a beta of 1.14. Nu Holdings Ltd. has a 1 year low of $9.01 and a 1 year high of $16.15.

NU (NYSE:NU) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.12. The business had revenue of $2.99 billion for the quarter, compared to analyst estimates of $3.17 billion. NU had a return on equity of 30.99% and a net margin of 17.12%. Equities research analysts expect that Nu Holdings Ltd. will post 0.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on NU shares. Barclays upped their target price on NU from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Friday. JPMorgan Chase & Co. upgraded shares of NU from a “neutral” rating to an “overweight” rating and dropped their target price for the company from $14.00 to $13.00 in a report on Tuesday, April 8th. Finally, UBS Group decreased their price target on NU from $15.50 to $15.00 and set a “neutral” rating for the company in a report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $15.47.

NU Company 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.