United Capital Financial Advisors LLC Trims Position in Nu Holdings Ltd. (NYSE:NU)

United Capital Financial Advisors LLC trimmed its position in shares of Nu Holdings Ltd. (NYSE:NU - Free Report) by 77.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,162 shares of the company's stock after selling 37,896 shares during the period. United Capital Financial Advisors LLC's holdings in NU were worth $116,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Piscataqua Savings Bank raised its position in shares of NU by 500.0% during the fourth quarter. Piscataqua Savings Bank now owns 3,000 shares of the company's stock valued at $31,000 after buying an additional 2,500 shares during the last quarter. Campbell Capital Management Inc. bought a new stake in NU in the 4th quarter valued at $52,000. Whipplewood Advisors LLC purchased a new stake in NU in the 4th quarter worth $62,000. Ethos Financial Group LLC bought a new position in shares of NU during the 4th quarter valued at about $82,000. Finally, Berbice Capital Management LLC purchased a new position in shares of NU during the fourth quarter valued at about $93,000. Hedge funds and other institutional investors own 84.02% of the company's stock.

NU Stock Up 4.5 %

NYSE NU opened at $11.19 on Wednesday. The company has a fifty day moving average of $11.10 and a two-hundred day moving average of $12.27. The firm has a market capitalization of $53.33 billion, a price-to-earnings ratio of 27.98, a PEG ratio of 0.48 and a beta of 1.14. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.20. Nu Holdings Ltd. has a 52 week low of $9.01 and a 52 week high of $16.15.

NU (NYSE:NU - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.12 earnings per share for the quarter, hitting analysts' consensus estimates of $0.12. NU had a net margin of 17.12% and a return on equity of 30.99%. The company had revenue of $2.99 billion for the quarter, compared to analyst estimates of $3.17 billion. On average, analysts predict that Nu Holdings Ltd. will post 0.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on NU shares. UBS Group decreased their target price 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 decreased their price objective on NU from $17.00 to $15.00 and set an "overweight" rating on the stock in a report on Monday, February 24th. Finally, JPMorgan Chase & Co. raised shares of NU from a "neutral" rating to an "overweight" rating and cut their target price for the company from $14.00 to $13.00 in a report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, NU has a consensus rating of "Moderate Buy" and a consensus target price 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.

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