XTX Topco Ltd Acquires New Shares in HSBC Holdings plc (NYSE:HSBC)

XTX Topco Ltd purchased a new position in HSBC Holdings plc (NYSE:HSBC) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 43,286 shares of the financial services provider’s stock, valued at approximately $1,956,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HSBC. Mediolanum International Funds Ltd purchased a new position in shares of HSBC in the 3rd quarter worth $139,895,000. FMR LLC boosted its position in HSBC by 44.3% in the third quarter. FMR LLC now owns 2,442,205 shares of the financial services provider’s stock worth $110,363,000 after purchasing an additional 749,759 shares during the last quarter. American Century Companies Inc. increased its position in shares of HSBC by 4.6% during the 2nd quarter. American Century Companies Inc. now owns 850,842 shares of the financial services provider’s stock valued at $37,012,000 after purchasing an additional 37,781 shares during the last quarter. Crossmark Global Holdings Inc. lifted its stake in shares of HSBC by 15.7% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 500,547 shares of the financial services provider’s stock worth $22,620,000 after purchasing an additional 67,941 shares during the period. Finally, Natixis Advisors LLC boosted its holdings in shares of HSBC by 22.1% in the second quarter. Natixis Advisors LLC now owns 413,789 shares of the financial services provider’s stock worth $18,000,000 after buying an additional 74,980 shares during the last quarter. 1.48% of the stock is owned by institutional investors.

HSBC Stock Down 1.0 %

Shares of HSBC stock opened at $47.59 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.52. HSBC Holdings plc has a 12 month low of $36.93 and a 12 month high of $48.26. The stock has a market cap of $171.46 billion, a P/E ratio of 7.87 and a beta of 0.56. The company has a 50 day simple moving average of $45.65 and a two-hundred day simple moving average of $44.28.

HSBC Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 8th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 4.20%. The ex-dividend date of this dividend is Friday, November 8th. HSBC’s dividend payout ratio is presently 32.73%.

HSBC Company Profile

HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions.