Nu Holdings Ltd. $NU Shares Sold by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. trimmed its holdings in shares of Nu Holdings Ltd. (NYSE:NU) by 14.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 622,875 shares of the company’s stock after selling 105,715 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in NU were worth $10,427,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Jordan Park Group LLC increased its holdings in NU by 129.3% during the 3rd quarter. Jordan Park Group LLC now owns 1,958,842 shares of the company’s stock worth $31,000 after purchasing an additional 1,104,421 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of NU by 63.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,768 shares of the company’s stock valued at $52,000 after buying an additional 1,464 shares during the last quarter. VSM Wealth Advisory LLC boosted its stake in shares of NU by 1,000.0% during the 3rd quarter. VSM Wealth Advisory LLC now owns 3,300 shares of the company’s stock valued at $53,000 after buying an additional 3,000 shares during the last quarter. Allworth Financial LP grew its position in shares of NU by 36.1% during the third quarter. Allworth Financial LP now owns 3,488 shares of the company’s stock worth $56,000 after buying an additional 926 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of NU by 22.3% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 4,394 shares of the company’s stock worth $74,000 after buying an additional 802 shares during the last quarter. Hedge funds and other institutional investors own 84.02% of the company’s stock.

NU Stock Up 6.1%

Shares of NYSE:NU opened at $14.34 on Wednesday. The company’s fifty day moving average is $15.99 and its two-hundred day moving average is $16.15. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.56 and a current ratio of 0.58. Nu Holdings Ltd. has a 1-year low of $9.01 and a 1-year high of $18.98. The stock has a market capitalization of $69.09 billion, a price-to-earnings ratio of 24.72, a price-to-earnings-growth ratio of 0.53 and a beta of 1.11.

NU (NYSE:NU) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.18 by $0.01. The business had revenue of $4.86 billion during the quarter, compared to analyst estimates of $4.55 billion. NU had a net margin of 18.19% and a return on equity of 30.68%. Equities analysts anticipate that Nu Holdings Ltd. will post 0.58 EPS for the current year.

Analyst Upgrades and Downgrades

NU has been the topic of a number of research analyst reports. Weiss Ratings upgraded shares of NU from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. The Goldman Sachs Group restated a “buy” rating and issued a $21.00 target price on shares of NU in a research note on Thursday, December 18th. Bank of America reaffirmed a “neutral” rating on shares of NU in a research report on Monday, March 9th. Susquehanna lifted their price target on NU from $19.00 to $22.00 and gave the stock a “positive” rating in a research note on Tuesday, January 27th. Finally, Zacks Research lowered NU from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Twelve investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, NU presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.26.

Insider Buying and Selling at NU

In related news, CEO Cristina Helena Zing Junqueira sold 300,000 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $14.81, for a total value of $4,443,000.00. Following the sale, the chief executive officer owned 2,312,338 shares of the company’s stock, valued at approximately $34,245,725.78. This trade represents a 11.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

About NU

Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.

Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.