Nu Holdings Ltd. (NYSE:NU) Shares Sold by Capital International Sarl

Capital International Sarl trimmed its holdings in Nu Holdings Ltd. (NYSE:NU) by 9.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 34,995 shares of the company’s stock after selling 3,680 shares during the period. Capital International Sarl’s holdings in NU were worth $363,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in NU. Baader Bank Aktiengesellschaft grew its stake in shares of NU by 19.6% in the 4th quarter. Baader Bank Aktiengesellschaft now owns 355,332 shares of the company’s stock valued at $3,680,000 after purchasing an additional 58,183 shares during the last quarter. Baillie Gifford & Co. increased its stake in NU by 7.1% in the 4th quarter. Baillie Gifford & Co. now owns 224,979,342 shares of the company’s stock valued at $2,330,786,000 after buying an additional 14,875,891 shares during the period. Franklin Resources Inc. raised its position in NU by 5.7% during the 3rd quarter. Franklin Resources Inc. now owns 5,060,504 shares of the company’s stock worth $74,288,000 after buying an additional 271,903 shares during the last quarter. Blankinship & Foster LLC purchased a new stake in shares of NU in the third quarter valued at about $3,212,000. Finally, Barclays PLC raised its holdings in NU by 55.7% during the third quarter. Barclays PLC now owns 1,005,022 shares of the company’s stock worth $13,718,000 after purchasing an additional 359,733 shares in the last quarter. Hedge funds and other institutional investors own 84.02% of the company’s stock.

NU Stock Up 1.7 %

NU stock opened at $10.98 on Friday. The firm has a market capitalization of $52.33 billion, a price-to-earnings ratio of 27.45, a price-to-earnings-growth ratio of 0.48 and a beta of 1.14. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.44 and a current ratio of 0.44. Nu Holdings Ltd. has a fifty-two week low of $9.01 and a fifty-two week high of $16.15. The stock’s fifty day moving average is $11.21 and its two-hundred day moving average is $12.31.

NU (NYSE:NU) last posted its earnings results on Thursday, February 20th. The company reported $0.12 earnings per share 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 firm had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $3.17 billion. Analysts predict that Nu Holdings Ltd. will post 0.58 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have issued reports on NU. Barclays dropped their target price on NU from $17.00 to $15.00 and set an “overweight” rating on the stock in a research report on Monday, February 24th. UBS Group dropped their price objective on NU from $15.50 to $15.00 and set a “neutral” rating on the stock in a report on Tuesday, February 18th. Finally, JPMorgan Chase & Co. raised NU from a “neutral” rating to an “overweight” rating and reduced their target price 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 assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $15.36.

About NU

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.