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

Capital International Inc. CA reduced its stake in Nu Holdings Ltd. (NYSE:NU) by 22.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund 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 large investors have also bought and sold shares of NU. Piscataqua Savings Bank lifted 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 purchasing an additional 2,500 shares in the last quarter. Campbell Capital Management Inc. purchased a new stake in NU in the 4th quarter valued at about $52,000. Whipplewood Advisors LLC bought a new position in shares of NU during the 4th quarter worth approximately $62,000. Ethos Financial Group LLC purchased a new position in shares of NU in the 4th quarter worth approximately $82,000. Finally, Berbice Capital Management LLC bought a new position in shares of NU in the fourth quarter valued at approximately $93,000. 84.02% of the stock is currently owned by institutional investors.

NU Price Performance

Shares of NYSE:NU opened at $10.98 on Friday. The company has a 50-day moving average price of $11.21 and a two-hundred day moving average price of $12.31. Nu Holdings Ltd. has a twelve month low of $9.01 and a twelve month high of $16.15. 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 firm has a market capitalization of $52.33 billion, a PE ratio of 27.45, a P/E/G ratio of 0.48 and a beta of 1.14.

NU (NYSE:NU) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.12 earnings per share for the quarter, meeting analysts’ consensus estimates 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 analyst estimates of $3.17 billion. Equities analysts forecast that Nu Holdings Ltd. will post 0.58 EPS for the current year.

Analyst Ratings Changes

NU has been the topic of several research analyst reports. Barclays cut their price objective 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 reduced their price target on shares of NU from $15.50 to $15.00 and set a “neutral” rating for the company in a research report on Tuesday, February 18th. Finally, JPMorgan Chase & Co. raised shares of NU from a “neutral” rating to an “overweight” rating and lowered their price objective for the stock from $14.00 to $13.00 in a research 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 given a buy rating to the stock. Based on data from MarketBeat.com, NU has an average rating of “Moderate Buy” and a consensus target price of $15.36.

NU 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.