HSBC Holdings plc (NYSE:HSBC) Receives Consensus Recommendation of “Hold” from Analysts

HSBC Holdings plc (NYSE:HSBC) has been given a consensus recommendation of “Hold” by the twelve brokerages that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and three have given a buy recommendation to the company.

Several research analysts have issued reports on HSBC shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of HSBC in a report on Monday, August 17th. Erste Group Bank cut shares of HSBC from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Wall Street Zen upgraded shares of HSBC from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HSBC in a research report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of HSBC in a research note on Tuesday, June 23rd.

HSBC Trading Down 1.4%

NYSE HSBC opened at $103.63 on Friday. HSBC has a 12 month low of $64.64 and a 12 month high of $107.92. The company has a current ratio of 0.85, a quick ratio of 0.92 and a debt-to-equity ratio of 0.67. The stock’s fifty day moving average price is $102.80 and its 200-day moving average price is $93.98. The stock has a market cap of $356.14 billion, a P/E ratio of 14.70, a P/E/G ratio of 1.00 and a beta of 0.57.

HSBC (NYSE:HSBC) last posted its quarterly earnings results on Tuesday, August 4th. The financial services provider reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.24 by $0.01. HSBC had a return on equity of 13.80% and a net margin of 18.19%.The firm had revenue of $19.04 billion during the quarter, compared to analyst estimates of $18.66 billion. As a group, equities analysts forecast that HSBC will post 8.56 EPS for the current fiscal year.

HSBC Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, August 14th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.00 annualized dividend and a dividend yield of 1.9%. HSBC’s dividend payout ratio (DPR) is 28.09%.

Hedge Funds Weigh In On HSBC

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Transamerica Financial Advisors LLC grew its stake in shares of HSBC by 287.1% in the fourth quarter. Transamerica Financial Advisors LLC now owns 329 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 244 shares during the period. Measured Wealth Private Client Group LLC bought a new position in HSBC during the third quarter valued at approximately $26,000. Binnacle Investments Inc boosted its holdings in HSBC by 80.5% in the third quarter. Binnacle Investments Inc now owns 444 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 198 shares during the last quarter. Ballast Advisors LLC bought a new stake in HSBC in the 1st quarter worth approximately $36,000. Finally, Western Wealth Management LLC bought a new stake in HSBC in the 1st quarter worth approximately $37,000. Institutional investors own 1.48% of the company’s stock.

Key Stories Impacting HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC continued its global share-buyback program, repurchasing and cancelling additional shares. The reduction in shares outstanding can improve earnings per share and signals confidence in the bank’s capital position. HSBC Advances Cross-Market Share Buy-Back with Further Cancellations
• Positive Sentiment: The bank’s decision to redeem CHF 300 million of notes ahead of their 2027 maturity may modestly reduce future financing costs and reflects active balance-sheet management. HSBC to Redeem CHF 300m Notes Ahead of 2027 Maturity
• Neutral Sentiment: HSBC Life Singapore expanded its insurance offering for customers planning for longer lifespans. The move supports the group’s wealth and insurance strategy, but its near-term earnings impact is likely limited. HSBC Life Singapore Expands Insurance Suite
• Negative Sentiment: Pam Kaur, HSBC’s first female CFO, plans to step down in 2027. Although the timing and successor have not been finalized, the leadership transition introduces uncertainty and was the main immediate pressure on the stock. HSBC’s first female CFO Pam Kaur to step down in 2027
• Negative Sentiment: HSBC is winding down its transaction-services business in Germany, with more than 300 jobs expected to be phased out by 2028. The restructuring could improve efficiency over time, but also highlights pressure to reduce costs and the risk of lost revenue in the market. HSBC to Wind Down German Transaction Services Business

HSBC Company Profile

HSBC Holdings plc is a global banking and financial services organization headquartered in London. Through its subsidiaries and network, the company provides services to personal, commercial and institutional customers, with a particular focus on connecting businesses and investors across international markets.

HSBC’s principal activities include retail and wealth banking, commercial banking, global banking and markets, and private banking. Its products and services include current and savings accounts, mortgages, credit and lending, wealth management, investment services, foreign exchange, trade finance, cash management, and capital-markets services.

The company traces its origins to The Hongkong and Shanghai Banking Corporation, which was established in 1865 to finance trade between Asia and Europe.