Xponance Inc. Sells 4,134 Shares of Nu Holdings Ltd. (NYSE:NU)

Xponance Inc. trimmed its position in shares of Nu Holdings Ltd. (NYSE:NU) by 1.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 238,905 shares of the company’s stock after selling 4,134 shares during the period. Xponance Inc.’s holdings in NU were worth $1,990,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Itau Unibanco Holding S.A. boosted its position in shares of NU by 401.5% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 1,143,834 shares of the company’s stock worth $8,293,000 after purchasing an additional 915,773 shares in the last quarter. Morgan Stanley boosted its position in shares of NU by 7.1% in the 3rd quarter. Morgan Stanley now owns 61,260,423 shares of the company’s stock worth $444,138,000 after purchasing an additional 4,044,904 shares in the last quarter. Hsbc Holdings PLC boosted its position in shares of NU by 39.0% in the 3rd quarter. Hsbc Holdings PLC now owns 1,120,216 shares of the company’s stock worth $8,141,000 after purchasing an additional 314,131 shares in the last quarter. Raymond James & Associates boosted its position in shares of NU by 1,235.7% in the 4th quarter. Raymond James & Associates now owns 371,729 shares of the company’s stock worth $3,096,000 after purchasing an additional 343,899 shares in the last quarter. Finally, Washington University boosted its position in shares of NU by 21.9% in the 3rd quarter. Washington University now owns 15,816,850 shares of the company’s stock worth $114,672,000 after purchasing an additional 2,841,291 shares in the last quarter. 80.90% of the stock is owned by institutional investors.

NU Price Performance

Shares of NU opened at $10.61 on Tuesday. The firm has a market cap of $49.79 billion, a PE ratio of 50.50, a P/E/G ratio of 0.51 and a beta of 1.08. The company has a current ratio of 0.38, a quick ratio of 0.31 and a debt-to-equity ratio of 0.18. The firm has a fifty day simple moving average of $11.28 and a two-hundred day simple moving average of $9.45. Nu Holdings Ltd. has a 1-year low of $4.85 and a 1-year high of $12.39.

NU (NYSE:NU) last announced its earnings results on Thursday, February 22nd. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The company had revenue of $2.40 billion for the quarter, compared to analysts’ expectations of $2.39 billion. NU had a net margin of 12.84% and a return on equity of 20.02%. During the same quarter in the prior year, the firm posted $0.03 earnings per share. On average, equities analysts anticipate that Nu Holdings Ltd. will post 0.39 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Susquehanna upped their price objective on NU from $11.00 to $12.00 and gave the company a “positive” rating in a research report on Friday, February 23rd. UBS Group upped their price objective on NU from $10.50 to $11.50 and gave the company a “buy” rating in a research report on Monday, January 29th. KeyCorp upped their price objective on NU from $12.00 to $13.00 and gave the company an “overweight” rating in a research report on Monday. Finally, TheStreet raised NU from a “c+” rating to a “b” rating in a research report on Friday, March 8th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $10.00.

NU Company Profile

Nu Holdings Ltd. provides digital banking platform and digital financial services in Brazil, Mexico, Colombia, and internationally. It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones.