Legacy Financial Advisors Inc. Purchases New Holdings in HSBC Holdings plc $HSBC

Legacy Financial Advisors Inc. acquired a new position in shares of HSBC Holdings plc (NYSE:HSBC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 18,757 shares of the financial services provider’s stock, valued at approximately $1,331,000.

A number of other institutional investors have also recently modified their holdings of HSBC. Mather Group LLC. bought a new position in shares of HSBC in the third quarter worth $25,000. NewSquare Capital LLC grew its stake in HSBC by 152.6% during the second quarter. NewSquare Capital LLC now owns 432 shares of the financial services provider’s stock worth $26,000 after buying an additional 261 shares in the last quarter. Retirement Wealth Solutions LLC bought a new position in HSBC in the 3rd quarter valued at about $32,000. Root Financial Partners LLC acquired a new position in shares of HSBC in the 3rd quarter valued at approximately $43,000. Finally, True Wealth Design LLC bought a new stake in shares of HSBC during the 3rd quarter worth approximately $55,000. 1.48% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on the stock. Erste Group Bank upgraded shares of HSBC from a “hold” rating to a “buy” rating in a research report on Thursday, November 20th. Weiss Ratings reissued a “hold (c+)” rating on shares of HSBC in a report on Monday, December 29th. Zacks Research raised HSBC from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Morgan Stanley initiated coverage on HSBC in a research note on Wednesday, January 14th. They set an “equal weight” rating for the company. Finally, Keefe, Bruyette & Woods upgraded shares of HSBC from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, HSBC currently has a consensus rating of “Moderate Buy” and a consensus price target of $63.00.

HSBC News Summary

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC provided a £135m green loan to fund the redevelopment of a landmark Lloyds office in Edinburgh — a sign of continued deal pipeline, fee and lending activity and support for the bank’s ESG credentials. Green loan for Edinburgh office redevelopment
• Positive Sentiment: HSBC Institutional Trust (acting as trustee) helped secure refinancing for Parkway Life REIT’s S$887m facility — illustrates recurring transaction-related revenue and client banking activity. Parkway Life REIT refinancing
• Neutral Sentiment: HSBC research highlighted India’s private sector PMI rising to a three‑month high — useful macro context for the bank’s Asia franchise but not an immediate driver of HSBC’s own earnings. India PMI via HSBC research
• Neutral Sentiment: Analyst notes and downgrades issued by HSBC research (including ratings changes on Walmart and TechnipFMC) reflect active coverage but have limited direct impact on HSBC’s own fundamentals. HSBC downgrades Walmart
• Negative Sentiment: Reports that HSBC cut roughly 10% of its U.S. debt capital markets team as part of a broader overhaul are pressuring sentiment — layoffs signal short‑term disruption, potential deal coverage loss in the U.S. and ongoing restructuring risk. HSBC cuts 10% of US debt capital markets team

HSBC Price Performance

HSBC stock opened at $88.14 on Monday. The stock has a 50-day moving average price of $83.23 and a two-hundred day moving average price of $73.75. HSBC Holdings plc has a 12 month low of $45.66 and a 12 month high of $90.81. The company has a market capitalization of $302.75 billion, a PE ratio of 18.55, a P/E/G ratio of 0.94 and a beta of 0.52. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.49.

About HSBC

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.