Capital International Inc. CA Trims Stock Holdings in Nu Holdings Ltd. (NYSE:NU)

Capital International Inc. CA cut its holdings in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) by 22.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Piscataqua Savings Bank grew its position in shares of NU by 500.0% in the 4th quarter. Piscataqua Savings Bank now owns 3,000 shares of the company's stock valued at $31,000 after acquiring an additional 2,500 shares during the period. Campbell Capital Management Inc. acquired a new stake in NU in the 4th quarter worth about $52,000. Whipplewood Advisors LLC bought a new stake in shares of NU during the 4th quarter valued at $62,000. Ethos Financial Group LLC acquired a new position in NU during the fourth quarter valued at approximately $82,000. Finally, Berbice Capital Management LLC bought a new position in NU in the fourth quarter valued at about $93,000. Institutional investors and hedge funds own 84.02% of the company's stock.

NU Trading Up 2.7 %

Shares of NU stock traded up $0.30 during midday trading on Wednesday, reaching $11.49. 52,350,938 shares of the company's stock traded hands, compared to its average volume of 40,535,213. The stock has a 50 day moving average of $11.10 and a 200-day moving average of $12.27. Nu Holdings Ltd. has a 12 month low of $9.01 and a 12 month high of $16.15. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.44 and a current ratio of 0.44. The company has a market cap of $54.76 billion, a PE ratio of 28.73, a price-to-earnings-growth ratio of 0.48 and a beta of 1.14.

NU (NYSE:NU - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.12 EPS for the quarter, meeting analysts' consensus estimates of $0.12. The company had revenue of $2.99 billion during the quarter, compared to analysts' expectations of $3.17 billion. NU had a return on equity of 30.99% and a net margin of 17.12%. As a group, equities analysts expect that Nu Holdings Ltd. will post 0.58 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on NU shares. UBS Group decreased their price objective on NU from $15.50 to $15.00 and set a "neutral" rating for the company in a report on Tuesday, February 18th. JPMorgan Chase & Co. upgraded 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. Finally, Barclays lowered their price target on shares of NU from $17.00 to $15.00 and set an "overweight" rating for the company in a report on Monday, February 24th. One research 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. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $15.36.

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.