Fieldpoint Private Securities LLC bought a new position in HSBC Holdings plc (NYSE:HSBC) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 2,579 shares of the financial services provider’s stock, valued at approximately $127,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Quantum Capital Management purchased a new position in HSBC during the 3rd quarter valued at about $212,000. Oppenheimer & Co. Inc. lifted its position in HSBC by 12.3% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 20,302 shares of the financial services provider’s stock valued at $941,000 after acquiring an additional 2,216 shares during the period. Dimensional Fund Advisors LP lifted its position in HSBC by 0.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 13,310,658 shares of the financial services provider’s stock valued at $617,481,000 after acquiring an additional 99,537 shares during the period. Baldwin Investment Management LLC lifted its position in HSBC by 1.4% during the 2nd quarter. Baldwin Investment Management LLC now owns 7,219 shares of the financial services provider’s stock valued at $335,000 after acquiring an additional 99 shares during the period. Finally, Assetmark Inc. lifted its position in HSBC by 88.4% during the 2nd quarter. Assetmark Inc. now owns 170,972 shares of the financial services provider’s stock valued at $7,931,000 after acquiring an additional 80,244 shares during the period. 2.25% of the stock is owned by institutional investors.

A number of research analysts recently issued reports on HSBC shares. Zacks Investment Research cut shares of HSBC from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Goldman Sachs Group reissued a “neutral” rating on shares of HSBC in a research report on Tuesday, December 5th. J P Morgan Chase & Co reissued a “neutral” rating on shares of HSBC in a research report on Friday, November 24th. Canaccord Genuity reissued a “hold” rating and set a $9.00 price target on shares of HSBC in a research report on Tuesday, September 5th. Finally, Macquarie started coverage on shares of HSBC in a research report on Wednesday, November 29th. They set an “outperform” rating for the company. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $31.50.

Shares of HSBC Holdings plc (HSBC) opened at $50.17 on Friday. The firm has a market cap of $203,584.81, a PE ratio of 25.58, a price-to-earnings-growth ratio of 2.65 and a beta of 0.93. 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 $39.58 and a 12 month high of $51.71.

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HSBC 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)

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