Callan Family Office LLC Sells 12,775 Shares of HSBC Holdings plc $HSBC

Callan Family Office LLC lowered its position in HSBC Holdings plc (NYSE:HSBC) by 18.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 56,337 shares of the financial services provider’s stock after selling 12,775 shares during the quarter. Callan Family Office LLC’s holdings in HSBC were worth $3,999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its stake in shares of HSBC by 9.2% during the 2nd quarter. Fisher Asset Management LLC now owns 17,043,371 shares of the financial services provider’s stock worth $1,036,067,000 after acquiring an additional 1,430,797 shares during the last quarter. American Century Companies Inc. boosted its holdings in HSBC by 11.9% in the second quarter. American Century Companies Inc. now owns 1,143,382 shares of the financial services provider’s stock worth $69,506,000 after acquiring an additional 121,151 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of HSBC by 160.9% during the second quarter. JPMorgan Chase & Co. now owns 502,200 shares of the financial services provider’s stock valued at $30,529,000 after buying an additional 309,738 shares during the last quarter. Qube Research & Technologies Ltd lifted its holdings in shares of HSBC by 36.7% during the second quarter. Qube Research & Technologies Ltd now owns 365,570 shares of the financial services provider’s stock worth $22,223,000 after purchasing an additional 98,048 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of HSBC by 1.2% in the second quarter. Raymond James Financial Inc. now owns 338,050 shares of the financial services provider’s stock worth $20,550,000 after acquiring an additional 4,072 shares during the period. 1.48% of the stock is owned by institutional investors.

HSBC Stock Performance

NYSE:HSBC opened at $89.02 on Wednesday. The company has a market cap of $305.77 billion, a P/E ratio of 18.74, a P/E/G ratio of 1.04 and a beta of 0.52. The company’s 50-day moving average price is $79.12 and its 200-day moving average price is $71.51. HSBC Holdings plc has a twelve month low of $45.66 and a twelve month high of $89.63. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.49.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Bank of America raised shares of HSBC from a “neutral” rating to a “buy” rating in a report on Wednesday, December 10th. Keefe, Bruyette & Woods raised HSBC from a “hold” rating to a “moderate buy” rating in a report on Wednesday, December 17th. Citigroup reaffirmed a “buy” rating on shares of HSBC in a report on Friday, January 9th. Morgan Stanley initiated coverage on HSBC in a report on Wednesday, January 14th. They issued an “equal weight” rating for the company. Finally, Erste Group Bank raised shares of HSBC from a “hold” rating to a “buy” rating in a research note on Thursday, November 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, HSBC has a consensus rating of “Moderate Buy” and a consensus target price of $63.00.

HSBC News Summary

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC completed a full buyout of Hang Seng Bank, consolidating its Hong Kong retail franchise and unlocking potential revenue / cost synergies that analysts view as a long‑term earnings positive. This is the primary strategic catalyst underpinning buy-side interest. HSBC Buys Out Hang Seng Bank
• Positive Sentiment: Bank of America Securities (Emma Xu) reiterated a Buy rating on HSBC, citing upside from full Hang Seng privatization, synergy realization and Asian growth — a supportive analyst view that can help buoy the stock going forward. HSBC: Strategic Upside From Full Hang Seng Privatization…
• Positive Sentiment: A Hong Kong investor (Multifield) sold part of its HSBC stake and realized HK$212.6m — market dealing around the takeover indicates active repositioning and likely increased free‑float/shifting ownership after the privatization. Multifield International Realises HK$212.6 Million from Partial HSBC Stake Sale
• Neutral Sentiment: HKMA says the recent HSBC banking outage wasn’t caused by a hack — removes a cyberattack overhang but still highlights operational risk and short-term customer disruption. No hack behind HSBC banking outage…
• Neutral Sentiment: HSBC research/commentary (Max Kettner) flags that yields upside could pressure high‑beta market segments and that economic data/earnings will steer sentiment — useful macro context but not an HSBC-specific earnings driver. Upside risk to yields could add pressure…
• Neutral Sentiment: HSBC expects one more RBA rate hike — a macro view relevant for Asia/Australia exposure but only an indirect influence on HSBC’s stock. HSBC expects RBA to hike one more time
• Neutral Sentiment: HSBC Innovation Banking provided a USD 12m venture‑debt facility to a fintech — shows franchise activity in innovation banking but limited near‑term impact on the group’s earnings. Wonder Raises USD 12 Million Venture Debt…
• Negative Sentiment: Valuation concerns: coverage notes HSBC has rallied ~60% over the last year and asks whether the stock is “priced for perfection,” a line of thought that can pressure the share price if growth or synergy expectations slip. Has The Strong 60% One Year Rally Left HSBC Priced For Perfection
• Negative Sentiment: Critical reporting (FT) examines how HSBC built a large debt‑funding operation — reputational and regulatory scrutiny from such coverage could elevate compliance and capital questions for investors. How HSBC fashioned a $600bn debt machine

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.