Global Financial Private Capital LLC Takes Position in HSBC Holdings plc (HSBC)

Global Financial Private Capital LLC bought a new position in shares of HSBC Holdings plc (NYSE:HSBC) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 6,941 shares of the financial services provider’s stock, valued at approximately $358,000.

Several other hedge funds and other institutional investors have also modified their holdings of HSBC. UBS Asset Management Americas Inc. raised its position in shares of HSBC by 1.8% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 2,477 shares of the financial services provider’s stock worth $115,000 after acquiring an additional 43 shares in the last quarter. Intl Fcstone Inc. acquired a new stake in shares of HSBC during the 2nd quarter worth about $213,000. Sit Investment Associates Inc. raised its position in shares of HSBC by 1.8% during the 3rd quarter. Sit Investment Associates Inc. now owns 76,590 shares of the financial services provider’s stock worth $3,784,000 after acquiring an additional 1,350 shares in the last quarter. Quantitative Systematic Strategies LLC acquired a new stake in shares of HSBC during the 3rd quarter worth about $221,000. Finally, Fisher Asset Management LLC raised its position in shares of HSBC by 2.2% during the 3rd quarter. Fisher Asset Management LLC now owns 13,824,918 shares of the financial services provider’s stock worth $683,089,000 after acquiring an additional 291,811 shares in the last quarter. 2.24% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have recently weighed in on HSBC. JPMorgan Chase & Co. reissued a “neutral” rating on shares of HSBC in a research report on Thursday, February 15th. Morgan Stanley reissued a “buy” rating on shares of HSBC in a research report on Tuesday, February 13th. ValuEngine raised HSBC from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Deutsche Bank reissued a “neutral” rating on shares of HSBC in a research report on Friday, February 9th. Finally, UBS Group reissued a “neutral” rating on shares of HSBC in a research report on Wednesday, November 29th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company’s stock. HSBC currently has an average rating of “Hold” and an average target price of $31.50.

HSBC Holdings plc (NYSE HSBC) opened at $53.83 on Tuesday. The stock has a market capitalization of $215,270.97, a P/E ratio of 27.05, a P/E/G ratio of 2.46 and a beta of 0.90. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.94 and a current ratio of 0.94. HSBC Holdings plc has a 12 month low of $39.63 and a 12 month high of $55.89.

COPYRIGHT VIOLATION NOTICE: “Global Financial Private Capital LLC Takes Position in HSBC Holdings plc (HSBC)” was first posted by BBNS and is the property of of BBNS. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece of content can be accessed at https://baseballnewssource.com/markets/global-financial-private-capital-llc-takes-position-in-hsbc-holdings-plc-hsbc/1892791.html.

HSBC Company Profile

HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.

Institutional Ownership by Quarter for HSBC (NYSE:HSBC)

Receive News & Ratings for HSBC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HSBC and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Three-Way Trade Sends Souza to Diamondbacks and Drury to Yankees
Three-Way Trade Sends Souza to Diamondbacks and Drury to Yankees
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Cubs Sign Free Agent Yu Darvish
Cubs Sign Free Agent Yu Darvish
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped


Leave a Reply

 
© 2006-2018 BBNS.