Segall Bryant & Hamill LLC Has $302,000 Holdings in Nu Holdings Ltd. (NYSE:NU)

Segall Bryant & Hamill LLC trimmed its stake in Nu Holdings Ltd. (NYSE:NU) by 10.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,153 shares of the company’s stock after selling 3,549 shares during the period. Segall Bryant & Hamill LLC’s holdings in NU were worth $302,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of NU. Piscataqua Savings Bank raised its stake in shares of NU by 500.0% in 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. bought a new stake in NU in the 4th quarter valued at $52,000. Whipplewood Advisors LLC acquired a new position in shares of NU in the 4th quarter valued at $62,000. Ethos Financial Group LLC bought a new position in shares of NU during the 4th quarter worth about $82,000. Finally, Berbice Capital Management LLC acquired a new stake in shares of NU during the 4th quarter valued at about $93,000. 84.02% of the stock is currently owned by institutional investors and hedge funds.

NU Price Performance

NU stock opened at $10.34 on Friday. The business’s fifty day moving average is $12.04 and its two-hundred day moving average is $12.76. 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 firm has a market cap of $49.26 billion, a P/E ratio of 25.84, a P/E/G ratio of 0.48 and a beta of 1.14. Nu Holdings Ltd. has a 52 week low of $9.67 and a 52 week high of $16.15.

NU (NYSE:NU) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 for the quarter, compared to the consensus estimate of $3.17 billion. Equities research analysts forecast that Nu Holdings Ltd. will post 0.58 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NU has been the subject of a number of analyst reports. Barclays cut their price target on shares of NU from $17.00 to $15.00 and set an “overweight” rating for the company in a research note on Monday, February 24th. JPMorgan Chase & Co. cut their target price on NU from $15.00 to $14.00 and set a “neutral” rating for the company in a research report on Monday, February 24th. UBS Group lowered their price target on NU from $15.50 to $15.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 18th. Finally, Citigroup cut NU from a “neutral” rating to a “sell” rating and cut their price objective for the company from $14.60 to $11.00 in a report on Monday, December 2nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, NU presently has a consensus rating of “Hold” and a consensus target price of $15.47.

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.