Bbva Compass Bancshares Inc. Has $1,143,000 Position in HSBC Holdings PLC (HSBC)

Bbva Compass Bancshares Inc. raised its stake in HSBC Holdings PLC (NYSE:HSBC) by 14.8% during the second quarter, Holdings Channel reports. The institutional investor owned 36,494 shares of the company’s stock after buying an additional 4,706 shares during the period. Bbva Compass Bancshares Inc.’s holdings in HSBC Holdings PLC were worth $1,143,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. BB&T Securities LLC increased its position in HSBC Holdings PLC by 17.4% in the first quarter. BB&T Securities LLC now owns 40,789 shares of the company’s stock valued at $1,269,000 after buying an additional 6,040 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in HSBC Holdings PLC by 12.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,566 shares of the company’s stock valued at $235,000 after buying an additional 866 shares in the last quarter. Cypress Wealth Advisors LLC acquired a new position in HSBC Holdings PLC during the first quarter valued at $239,000. Scotia Capital Inc. increased its position in HSBC Holdings PLC by 2.5% in the first quarter. Scotia Capital Inc. now owns 18,530 shares of the company’s stock valued at $577,000 after buying an additional 457 shares in the last quarter. Finally, Mariner Wealth Advisors LLC increased its position in HSBC Holdings PLC by 17.5% in the first quarter. Mariner Wealth Advisors LLC now owns 7,127 shares of the company’s stock valued at $222,000 after buying an additional 1,059 shares in the last quarter. 2.38% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for HSBC Holdings PLC (NYSE:HSBC)

Shares of HSBC Holdings PLC (NYSE:HSBC) traded up 0.066% on Wednesday, hitting $37.855. 1,185,596 shares of the company were exchanged. HSBC Holdings PLC has a 52-week low of $28.62 and a 52-week high of $40.74. The company has a 50-day moving average price of $37.74 and a 200 day moving average price of $33.75. The firm has a market cap of $135.06 billion, a P/E ratio of 15.675 and a beta of 1.17.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 6th. Investors of record on Friday, October 21st will be paid a $0.50 dividend. The ex-dividend date is Wednesday, October 19th. This represents a $2.00 dividend on an annualized basis and a yield of 5.22%. HSBC Holdings PLC’s payout ratio is 81.63%.

A number of equities analysts have commented on the stock. Goldman Sachs Group Inc. downgraded shares of HSBC Holdings PLC to a “buy” rating in a research note on Wednesday, June 29th. Deutsche Bank AG reaffirmed a “hold” rating on shares of HSBC Holdings PLC in a research note on Friday, July 22nd. Citigroup Inc. reaffirmed a “buy” rating on shares of HSBC Holdings PLC in a research note on Wednesday, August 31st. Vetr downgraded shares of HSBC Holdings PLC from a “strong-buy” rating to a “buy” rating and set a $36.48 target price on the stock. in a research note on Wednesday, August 10th. Finally, HSBC downgraded shares of HSBC Holdings PLC from a “buy” rating to a “neutral” rating in a research note on Tuesday, September 13th. Five analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $36.48.

About HSBC Holdings PLC

HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through approximately four businesses, such as Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB).

5 Day Chart for NYSE:HSBC

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