Zhang Financial LLC Takes Position in HSBC Holdings plc $HSBC

Zhang Financial LLC bought a new stake in HSBC Holdings plc (NYSE:HSBC) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 5,139 shares of the financial services provider’s stock, valued at approximately $424,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HSBC. Morgan Stanley raised its position in shares of HSBC by 15.3% in the fourth quarter. Morgan Stanley now owns 7,483,883 shares of the financial services provider’s stock worth $588,757,000 after acquiring an additional 993,473 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of HSBC by 1,272.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 909,464 shares of the financial services provider’s stock valued at $71,548,000 after acquiring an additional 843,186 shares during the period. Clearbridge Investments LLC increased its stake in shares of HSBC by 77.0% in the 4th quarter. Clearbridge Investments LLC now owns 1,443,716 shares of the financial services provider’s stock valued at $113,577,000 after purchasing an additional 627,857 shares in the last quarter. Fisher Asset Management LLC raised its holdings in HSBC by 2.3% in the 4th quarter. Fisher Asset Management LLC now owns 17,800,748 shares of the financial services provider’s stock worth $1,400,385,000 after purchasing an additional 402,288 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in HSBC by 843.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 242,762 shares of the financial services provider’s stock worth $20,025,000 after purchasing an additional 217,037 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Zacks Research lowered HSBC from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of HSBC in a research report on Thursday, May 14th. BNP Paribas Exane cut shares of HSBC from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 14th. Weiss Ratings lowered shares of HSBC from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Finally, Citigroup restated a “buy” rating on shares of HSBC in a research report on Thursday. Four analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

HSBC Price Performance

Shares of HSBC stock opened at $100.56 on Friday. The stock has a market capitalization of $345.58 billion, a P/E ratio of 16.48, a PEG ratio of 0.89 and a beta of 0.57. The business has a 50 day simple moving average of $94.07 and a two-hundred day simple moving average of $88.64. HSBC Holdings plc has a 12 month low of $60.61 and a 12 month high of $101.10. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.92 and a quick ratio of 0.92.

HSBC (NYSE:HSBC) last issued its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $0.44 earnings per share (EPS) for the quarter. HSBC had a return on equity of 13.35% and a net margin of 16.06%.The firm had revenue of $19.12 billion for the quarter. As a group, analysts predict that HSBC Holdings plc will post 8.62 EPS for the current fiscal year.

HSBC Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, May 15th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, May 15th. HSBC’s payout ratio is 32.46%.

Insider Activity

In other news, insider Daniel Scott Palomaki sold 23,123 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $18.11, for a total value of $418,757.53. Following the completion of the sale, the insider directly owned 4,973 shares in the company, valued at $90,061.03. This represents a 82.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.01% of the stock is owned by insiders.

Trending Headlines about HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC won Bank of England approval to launch HSBC Orion in the UK Digital Securities Sandbox, a milestone that could strengthen its position in digital bond issuance and settlement and support longer-term fee growth. HSBC wins Bank of England approval to enter Digital Securities Sandbox
• Positive Sentiment: HSBC’s recent bullish calls on Asian markets — including upgrades on India and a continued constructive stance on China — suggest the bank sees improving conditions in key growth regions, which can support investor confidence in its broader Asia exposure. HSBC upgrades India, sticks with China as Asia’s AI rally faces reality check
• Positive Sentiment: HSBC also said Indian equities look more attractive as oil-price pressures ease and foreign flows return, reinforcing a more favorable macro view that could benefit the bank’s regional outlook. HSBC upgrades Indian equities to ‘neutral’ on easing oil prices, return of foreign flows
• Neutral Sentiment: HSBC’s GIFT City unit is offering a leveraged deposit product to attract NRI dollar inflows, which is more of a funding/liquidity initiative than a clear near-term earnings catalyst. HSBC offers 19x FCNR(B) leverage in GIFT City
• Neutral Sentiment: Erste Group Bank reportedly lowered HSBC to Hold, but there were no details indicating a major change in the bank’s fundamental outlook. HSBC (NYSE:HSBC) Lowered to “Hold” Rating by Erste Group Bank
• Negative Sentiment: Some of the market attention is tied to broader Asian equity caution and a rating cut on HSBC’s preferred market views, which could temper enthusiasm if investors worry about regional growth or regulatory risks. Citi backs NatWest and HSBC as UK banking noise set to fade

HSBC Profile

HSBC Holdings plc (NYSE: HSBC) is a multinational banking and financial services organization headquartered in London. It traces its origins to the Hongkong and Shanghai Banking Corporation, founded in 1865 to facilitate trade between Europe and Asia, and has since grown into one of the world’s largest banking groups. The company is publicly listed in multiple markets, including the London Stock Exchange, the Hong Kong Stock Exchange and as an American depositary receipt on the New York Stock Exchange.

HSBC operates a universal banking model, serving retail, commercial, corporate and institutional clients.