Nu Holdings Ltd. $NU Shares Sold by Intellectus Partners LLC

Intellectus Partners LLC trimmed its stake in shares of Nu Holdings Ltd. (NYSE:NU) by 69.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,040 shares of the company’s stock after selling 39,150 shares during the period. Intellectus Partners LLC’s holdings in NU were worth $234,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of NU. IFM Investors Pty Ltd lifted its position in shares of NU by 46.4% in the first quarter. IFM Investors Pty Ltd now owns 107,268 shares of the company’s stock valued at $1,098,000 after acquiring an additional 34,017 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its position in shares of NU by 39.9% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 95,879 shares of the company’s stock valued at $1,315,000 after acquiring an additional 27,335 shares in the last quarter. Kera Capital Partners Inc. lifted its position in shares of NU by 6.8% in the second quarter. Kera Capital Partners Inc. now owns 530,635 shares of the company’s stock valued at $7,280,000 after acquiring an additional 33,999 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in shares of NU by 87.1% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 64,052 shares of the company’s stock valued at $879,000 after acquiring an additional 29,824 shares in the last quarter. Finally, LBP AM SA lifted its position in shares of NU by 241.2% in the second quarter. LBP AM SA now owns 824,623 shares of the company’s stock valued at $11,314,000 after acquiring an additional 582,919 shares in the last quarter. 84.02% of the stock is owned by institutional investors and hedge funds.

NU Price Performance

NYSE:NU opened at $16.13 on Tuesday. Nu Holdings Ltd. has a 52 week low of $9.01 and a 52 week high of $16.50. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $77.70 billion, a P/E ratio of 35.06, a P/E/G ratio of 0.83 and a beta of 1.08. The stock’s fifty day moving average is $15.45 and its two-hundred day moving average is $13.62.

NU (NYSE:NU) last posted its earnings results on Thursday, August 14th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. NU had a return on equity of 29.91% and a net margin of 17.90%.The company had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.78 billion. During the same quarter in the previous year, the business earned $0.12 earnings per share. Equities analysts expect that Nu Holdings Ltd. will post 0.58 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on NU shares. Santander upgraded NU to a “neutral” rating in a research report on Monday, August 25th. UBS Group lifted their price objective on NU from $15.60 to $16.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. Bank of America lifted their price objective on NU from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Monday, August 25th. Itau BBA Securities upgraded NU from a “market perform” rating to an “outperform” rating and set a $18.00 price objective on the stock in a research report on Monday, August 18th. Finally, Bradesco Corretora upgraded NU to an “outperform” rating and set a $17.00 price objective on the stock in a research report on Monday, August 25th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.10.

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.