Capital International Inc. CA trimmed its position in Nu Holdings Ltd. (NYSE:NU - Free Report) by 22.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 512,723 shares of the company's stock after selling 147,414 shares during the quarter. Capital International Inc. CA's holdings in NU were worth $5,312,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the company. OneAscent Wealth Management LLC grew its stake in NU by 6.5% in the 4th quarter. OneAscent Wealth Management LLC now owns 12,481 shares of the company's stock valued at $129,000 after buying an additional 760 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of NU by 1.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 69,110 shares of the company's stock valued at $716,000 after purchasing an additional 1,000 shares during the last quarter. Arkfeld Wealth Strategies L.L.C. grew its position in shares of NU by 2.0% in the fourth quarter. Arkfeld Wealth Strategies L.L.C. now owns 52,245 shares of the company's stock valued at $579,000 after purchasing an additional 1,000 shares during the last quarter. Blue Trust Inc. increased its stake in shares of NU by 4.9% during the fourth quarter. Blue Trust Inc. now owns 21,784 shares of the company's stock worth $226,000 after purchasing an additional 1,011 shares during the period. Finally, Perigon Wealth Management LLC lifted its holdings in NU by 9.9% during the 4th quarter. Perigon Wealth Management LLC now owns 13,505 shares of the company's stock worth $152,000 after purchasing an additional 1,216 shares during the last quarter. 84.02% of the stock is currently owned by institutional investors and hedge funds.
NU Price Performance
Shares of NYSE:NU traded up $0.17 during midday trading on Friday, hitting $11.92. The stock had a trading volume of 22,794,813 shares, compared to its average volume of 40,627,991. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $56.79 billion, a P/E ratio of 29.84, a price-to-earnings-growth ratio of 0.48 and a beta of 1.14. The company's 50-day moving average price is $11.02 and its 200-day moving average price is $12.26. Nu Holdings Ltd. has a fifty-two week low of $9.01 and a fifty-two week high of $16.15.
NU (NYSE:NU - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.12 EPS for the quarter, meeting the consensus estimate of $0.12. NU had a net margin of 17.12% and a return on equity of 30.99%. The business had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $3.17 billion. As a group, equities research analysts predict that Nu Holdings Ltd. will post 0.58 EPS for the current fiscal year.
Wall Street Analyst Weigh In
NU has been the topic of several recent research reports. UBS Group lowered their price objective on NU from $15.50 to $15.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 18th. Barclays raised their price target on shares of NU from $15.00 to $16.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, JPMorgan Chase & Co. raised shares of NU from a "neutral" rating to an "overweight" rating and cut their price objective for the company from $14.00 to $13.00 in a report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given 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 $15.47.
Check Out Our Latest Research Report on NU
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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