Alliance Wealth Advisors LLC UT Invests $152,000 in Nu Holdings Ltd. (NYSE:NU)

Alliance Wealth Advisors LLC UT bought a new stake in shares of Nu Holdings Ltd. (NYSE:NUFree Report) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 14,708 shares of the company’s stock, valued at approximately $152,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NU. Deepwater Asset Management LLC grew its position in NU by 50.1% in the fourth quarter. Deepwater Asset Management LLC now owns 1,504,169 shares of the company’s stock valued at $15,583,000 after acquiring an additional 502,295 shares in the last quarter. GFS Advisors LLC grew its holdings in NU by 128.5% during the 4th quarter. GFS Advisors LLC now owns 1,172,504 shares of the company’s stock valued at $12,147,000 after purchasing an additional 659,289 shares in the last quarter. Baader Bank Aktiengesellschaft increased its stake in NU by 19.6% during the 4th quarter. Baader Bank Aktiengesellschaft now owns 355,332 shares of the company’s stock worth $3,680,000 after buying an additional 58,183 shares during the period. Hantz Financial Services Inc. acquired a new position in NU in the 4th quarter worth $1,139,000. Finally, Robeco Institutional Asset Management B.V. grew its stake in shares of NU by 5.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 21,044,971 shares of the company’s stock valued at $218,026,000 after acquiring an additional 1,067,992 shares in the last quarter. 84.02% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

NU has been the topic of several recent analyst reports. Citigroup cut NU from a “neutral” rating to a “sell” rating and cut their price target for the stock from $14.60 to $11.00 in a research note on Monday, December 2nd. Itau BBA Securities lowered NU from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 14th. 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 report on Thursday, November 14th. The Goldman Sachs Group upped their price target on shares of NU from $17.00 to $19.00 and gave the company a “buy” rating in a report on Thursday, November 14th. Finally, Susquehanna raised their price objective on shares of NU from $16.00 to $18.00 and gave the stock a “positive” rating in a report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, NU currently has an average rating of “Hold” and a consensus price target of $15.63.

Read Our Latest Stock Report on NU

NU Stock Up 1.2 %

NU stock opened at $13.30 on Wednesday. The firm has a fifty day moving average price of $11.61 and a two-hundred day moving average price of $13.12. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.44 and a quick ratio of 0.44. Nu Holdings Ltd. has a 1-year low of $9.09 and a 1-year high of $16.15. The firm has a market cap of $63.36 billion, a price-to-earnings ratio of 36.93, a PEG ratio of 0.47 and a beta of 1.10.

NU Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NU (NYSE:NU)

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