HSBC Holdings plc (NYSE:HSBC) Shares Purchased by Traveka Wealth LLC

Traveka Wealth LLC lifted its holdings in HSBC Holdings plc (NYSE:HSBCFree Report) by 7.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,833 shares of the financial services provider’s stock after purchasing an additional 678 shares during the period. Traveka Wealth LLC’s holdings in HSBC were worth $486,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Larson Financial Group LLC increased its stake in shares of HSBC by 138.5% during the third quarter. Larson Financial Group LLC now owns 775 shares of the financial services provider’s stock worth $35,000 after buying an additional 450 shares during the period. Allworth Financial LP raised its holdings in shares of HSBC by 40.9% in the 3rd quarter. Allworth Financial LP now owns 1,367 shares of the financial services provider’s stock valued at $62,000 after purchasing an additional 397 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of HSBC by 116.2% during the 4th quarter. Versant Capital Management Inc now owns 1,498 shares of the financial services provider’s stock worth $74,000 after purchasing an additional 805 shares during the last quarter. Addison Advisors LLC grew its stake in shares of HSBC by 33.1% during the third quarter. Addison Advisors LLC now owns 1,940 shares of the financial services provider’s stock worth $88,000 after purchasing an additional 482 shares in the last quarter. Finally, Huntington National Bank increased its holdings in HSBC by 11.9% in the third quarter. Huntington National Bank now owns 2,122 shares of the financial services provider’s stock valued at $96,000 after buying an additional 226 shares during the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

HSBC Stock Down 0.7 %

Shares of NYSE HSBC opened at $49.01 on Tuesday. HSBC Holdings plc has a 1 year low of $36.93 and a 1 year high of $49.86. The company has a market capitalization of $176.58 billion, a price-to-earnings ratio of 8.10 and a beta of 0.54. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.96 and a quick ratio of 0.96. The business has a 50-day moving average of $47.69 and a two-hundred day moving average of $45.17.

HSBC Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 8th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, November 8th. This represents a $2.00 dividend on an annualized basis and a yield of 4.08%. HSBC’s payout ratio is currently 32.73%.

HSBC Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for HSBC (NYSE:HSBC)

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