Banco Santander S.A. Reduces Position in Nu Holdings Ltd. $NU

Banco Santander S.A. reduced its position in Nu Holdings Ltd. (NYSE:NU) by 45.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,053 shares of the company’s stock after selling 51,200 shares during the quarter. Banco Santander S.A.’s holdings in NU were worth $977,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Rathbones Group PLC lifted its position in shares of NU by 119.0% during the second quarter. Rathbones Group PLC now owns 147,590 shares of the company’s stock worth $2,025,000 after purchasing an additional 80,200 shares during the last quarter. Itau Unibanco Holding S.A. purchased a new position in NU in the 2nd quarter worth about $39,848,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in NU by 14.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 13,695,159 shares of the company’s stock valued at $219,259,000 after buying an additional 1,703,787 shares in the last quarter. Washington University lifted its holdings in NU by 1.5% during the 3rd quarter. Washington University now owns 10,566,927 shares of the company’s stock valued at $169,177,000 after buying an additional 158,731 shares in the last quarter. Finally, Mawer Investment Management Ltd. purchased a new stake in NU in the 3rd quarter valued at about $10,829,000. Institutional investors own 84.02% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on NU shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $21.00 target price on shares of NU in a research report on Thursday, December 18th. Susquehanna increased their price objective on NU from $19.00 to $22.00 and gave the stock a “positive” rating in a research note on Tuesday, January 27th. Zacks Research raised NU from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 9th. Weiss Ratings upgraded NU from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Finally, Itau BBA Securities reissued an “outperform” rating on shares of NU in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $18.34.

NU Stock Performance

Shares of NU stock opened at $14.99 on Friday. The firm has a market cap of $72.21 billion, a price-to-earnings ratio of 25.84, a PEG ratio of 0.49 and a beta of 1.08. Nu Holdings Ltd. has a 52-week low of $9.01 and a 52-week high of $18.98. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.29. The company’s 50 day moving average is $17.14 and its 200 day moving average is $16.13.

NU (NYSE:NU) last announced its earnings results on Wednesday, February 25th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.01. NU had a return on equity of 32.08% and a net margin of 18.19%.The business had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.55 billion. On average, sell-side analysts anticipate that Nu Holdings Ltd. will post 0.58 EPS for the current fiscal year.

Key Headlines Impacting NU

Here are the key news stories impacting NU this week:

• Positive Sentiment: Q4 / FY2025 results: Nu reported $4.857B in Q4 revenue (up ~62.5% YoY) and net income of $894.8M (up 50% YoY), alongside an EPS beat ($0.19 vs. $0.18 consensus), underlining strong top- and bottom-line momentum. Read More.
• Positive Sentiment: Financial metrics highlight profitability and efficiency: Market summaries cite a net margin of ~18% and ROE above 32%, supporting the thesis that Nu’s core franchise is generating high returns. Read More.
• Positive Sentiment: Independent coverage notes strong profit growth and customer expansion, reinforcing fundamentals as Nu scales across Brazil, Mexico and Colombia. Read More.
• Positive Sentiment: Analyst comparison sees Nu as well-positioned vs. fintech peers due to rapid revenue growth, an expanding credit portfolio and an “AI-first” push that could support longer-term competitive advantages. Read More.
• Positive Sentiment: Short interest fell materially in February (down ~15.7% vs. Jan), reducing one source of bearish pressure and signaling fewer outright bets against the stock in the near term.
• Neutral Sentiment: Wall Street coverage and analyst commentary are mixed; several pieces reiterate bullish views but caution that rating changes and headlines can swing near-term price action. Read More.
• Neutral Sentiment: Customer growth and product adoption remain strong (customer base reported up ~15% to ~131M), supporting long-term revenue runway even as investors parse near-term cost and credit trends. Read More.
• Negative Sentiment: Market reaction: shares slid after the earnings release with notable after-hours selling — headlines report a multi-percent drop following results as investors weighed costs, credit risk and execution timelines. Read More.
• Negative Sentiment: Valuation and risk debate: analysts and commentators point out that while the business is high quality, the stock carries an elevated valuation that leaves it sensitive to any guidance, margin or credit concerns — a theme cited in post-earnings commentary. Read More.

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.