Marc Moses Purchases 17,083 Shares of HSBC Holdings plc (HSBA) Stock
HSBC Holdings plc (LON:HSBA) insider Marc Moses bought 17,083 shares of HSBC Holdings plc stock in a transaction that occurred on Monday, August 14th. The stock was purchased at an average price of GBX 737 ($9.57) per share, with a total value of £125,901.71 ($163,445.03).
HSBC Holdings plc (LON HSBA) opened at 748.00 on Thursday. The firm’s market capitalization is GBX 151.62 billion. HSBC Holdings plc has a one year low of GBX 518.17 and a one year high of GBX 772.00. The stock’s 50 day moving average price is GBX 740.79 and its 200 day moving average price is GBX 686.51.
The firm also recently declared a dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Thursday, August 3rd will be given a $0.10 dividend. The ex-dividend date is Thursday, August 3rd. This represents a dividend yield of 1.02%.
A number of equities analysts have weighed in on the company. Goldman Sachs Group, Inc. (The) lifted their price objective on HSBC Holdings plc from GBX 740 ($9.61) to GBX 755 ($9.80) and gave the company a “neutral” rating in a research note on Thursday, June 22nd. Citigroup Inc. reiterated a “buy” rating on shares of HSBC Holdings plc in a research note on Friday, April 21st. Shore Capital reiterated a “sell” rating on shares of HSBC Holdings plc in a research note on Thursday, May 4th. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 690 ($8.96) price objective on shares of HSBC Holdings plc in a research note on Friday, June 30th. Finally, Deutsche Bank AG reduced their price objective on HSBC Holdings plc from GBX 635 ($8.24) to GBX 616 ($8.00) and set a “hold” rating for the company in a research note on Tuesday, April 25th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have assigned a buy rating to the company. HSBC Holdings plc presently has an average rating of “Hold” and an average target price of GBX 680.15 ($8.83).
About HSBC Holdings plc
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.
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