HSBC Holdings plc $HSBC Stake Reduced by Natixis Advisors LLC

Natixis Advisors LLC cut its holdings in HSBC Holdings plc (NYSE:HSBC) by 5.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 407,128 shares of the financial services provider’s stock after selling 24,589 shares during the quarter. Natixis Advisors LLC’s holdings in HSBC were worth $32,029,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Measured Wealth Private Client Group LLC acquired a new position in shares of HSBC in the 3rd quarter worth $26,000. Binnacle Investments Inc increased its stake in HSBC by 80.5% in the 3rd quarter. Binnacle Investments Inc now owns 444 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 198 shares in the last quarter. Cornerstone Planning Group LLC increased its stake in HSBC by 30.7% in the 4th quarter. Cornerstone Planning Group LLC now owns 498 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 117 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC purchased a new position in HSBC in the 4th quarter worth about $43,000. Finally, Bartlett & CO. Wealth Management LLC increased its stake in HSBC by 126.4% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 575 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 321 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

HSBC Trading Down 1.1%

NYSE:HSBC opened at $92.59 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.92 and a quick ratio of 0.92. HSBC Holdings plc has a fifty-two week low of $58.14 and a fifty-two week high of $95.61. The stock’s 50-day moving average is $89.41 and its two-hundred day moving average is $83.93. The stock has a market cap of $318.22 billion, a PE ratio of 15.18, a price-to-earnings-growth ratio of 0.84 and a beta of 0.56.

HSBC (NYSE:HSBC) last released its earnings results on Tuesday, March 31st. The financial services provider reported $0.44 earnings per share for the quarter. HSBC had a return on equity of 13.35% and a net margin of 16.06%.The company had revenue of $19.13 billion for the quarter. As a group, equities research analysts forecast that HSBC Holdings plc will post 8.55 earnings per share for the current fiscal year.

HSBC Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, May 15th. HSBC’s payout ratio is 32.46%.

Insiders Place Their Bets

In other HSBC news, insider Daniel Scott Palomaki sold 23,123 shares of HSBC stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $18.11, for a total transaction of $418,757.53. Following the transaction, the insider owned 4,973 shares of the company’s stock, valued at $90,061.03. The trade was a 82.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.01% of the stock is currently owned by company insiders.

Key Headlines Impacting HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC continues to draw attention for product expansion, including the launch of the RedHex Hybrid Long-Short Fund, which highlights ongoing efforts to grow fee-generating assets and broaden its investment offerings.
• Positive Sentiment: HSBC’s market commentary on sectors like export-led manufacturing and AI suggests the firm sees long-term opportunities in growth themes that could support client activity and fund demand.
• Neutral Sentiment: HSBC Continental Europe issued a post-stabilisation notice related to Sanofi bonds, a routine capital-markets update with little direct impact on the bank’s core earnings outlook. Article Title
• Neutral Sentiment: HSBC also featured in conference and fund-related coverage, including an earnings/strategy transcript and a piece on whether the stock has already run too far after a strong one-year rally; these items mainly reinforce existing investor debate rather than change fundamentals. Article Title
• Negative Sentiment: A Bloomberg Law report saying a whistleblower accused HSBC Bank USA of Sarbanes-Oxley violations could raise compliance and legal-risk concerns for the broader HSBC franchise. Article Title
• Negative Sentiment: Broader market news about tighter offshore banking restrictions in China hit Asia-focused lenders and weighed on sentiment toward HSBC, given the bank’s significant exposure to Asia and China-linked activity. Article Title

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on HSBC. The Goldman Sachs Group began coverage on HSBC in a research note on Thursday, March 26th. They issued a “buy” rating on the stock. BNP Paribas Exane cut HSBC from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 14th. Royal Bank Of Canada reissued a “sector perform” rating on shares of HSBC in a research note on Thursday, May 14th. Zacks Research cut HSBC from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings cut HSBC from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

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.