Xponance Inc. Has $4.42 Million Holdings in Nu Holdings Ltd. (NYSE:NU)

Xponance Inc. grew its holdings in shares of Nu Holdings Ltd. (NYSE:NU) by 7.4% in the 4th quarter, Holdings Channel reports. The fund owned 426,390 shares of the company’s stock after buying an additional 29,391 shares during the period. Xponance Inc.’s holdings in NU were worth $4,417,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Piscataqua Savings Bank boosted its holdings in 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 acquiring an additional 2,500 shares during the last quarter. Campbell Capital Management Inc. acquired a new stake in NU in the 4th quarter valued at $52,000. Whipplewood Advisors LLC acquired a new position in shares of NU during the fourth quarter valued at about $62,000. Ethos Financial Group LLC bought a new stake in shares of NU during the fourth quarter worth about $82,000. Finally, Berbice Capital Management LLC acquired a new stake in shares of NU in the 4th quarter worth about $93,000. Institutional investors own 84.02% of the company’s stock.

Wall Street Analyst Weigh In

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

NU Stock Performance

Shares of NU stock opened at $11.39 on Friday. 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 $54.26 billion, a price-to-earnings ratio of 28.47, 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. The firm’s 50-day simple moving average is $12.04 and its two-hundred day simple moving average is $12.90.

NU (NYSE:NU) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.12 EPS for the quarter, meeting the consensus estimate of $0.12. NU had a return on equity of 30.99% and a net margin of 17.12%. The business had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $3.17 billion. As a group, equities analysts forecast that Nu Holdings Ltd. will post 0.58 earnings per share for the current year.

About NU

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.