NewEdge Wealth LLC Has $3.89 Million Holdings in HSBC Holdings plc $HSBC

NewEdge Wealth LLC grew its position in shares of HSBC Holdings plc (NYSE:HSBC) by 114.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 54,855 shares of the financial services provider’s stock after acquiring an additional 29,288 shares during the period. NewEdge Wealth LLC’s holdings in HSBC were worth $3,890,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Mather Group LLC. bought a new position in HSBC during the third quarter valued at approximately $25,000. NewSquare Capital LLC increased its stake in shares of HSBC by 152.6% during the 2nd quarter. NewSquare Capital LLC now owns 432 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 261 shares during the last quarter. Retirement Wealth Solutions LLC bought a new position in shares of HSBC during the 3rd quarter valued at $32,000. Root Financial Partners LLC acquired a new stake in shares of HSBC in the 3rd quarter valued at $43,000. Finally, Private Trust Co. NA boosted its holdings in HSBC by 346.2% in the second quarter. Private Trust Co. NA now owns 763 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 592 shares in the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

HSBC Stock Performance

HSBC opened at $88.14 on Friday. HSBC Holdings plc has a 12-month low of $45.66 and a 12-month high of $90.81. The firm has a market capitalization of $302.75 billion, a P/E ratio of 18.55, a price-to-earnings-growth ratio of 0.93 and a beta of 0.52. The stock’s 50 day moving average price is $83.23 and its two-hundred day moving average price is $73.59. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.49.

Wall Street Analysts Forecast Growth

HSBC has been the topic of several recent research reports. Morgan Stanley initiated coverage on HSBC in a report on Wednesday, January 14th. They set an “equal weight” rating on the stock. Keefe, Bruyette & Woods raised HSBC from a “hold” rating to a “moderate buy” rating in a report on Wednesday, December 17th. Citigroup restated a “buy” rating on shares of HSBC in a report on Friday, January 9th. Erste Group Bank upgraded HSBC from a “hold” rating to a “buy” rating in a report on Thursday, November 20th. Finally, Bank of America raised shares of HSBC from a “neutral” rating to a “buy” rating in a research report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $63.00.

HSBC News Summary

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC provided a £135m green loan to fund the redevelopment of a landmark Lloyds office in Edinburgh — a sign of continued deal pipeline, fee and lending activity and support for the bank’s ESG credentials. Green loan for Edinburgh office redevelopment
• Positive Sentiment: HSBC Institutional Trust (acting as trustee) helped secure refinancing for Parkway Life REIT’s S$887m facility — illustrates recurring transaction-related revenue and client banking activity. Parkway Life REIT refinancing
• Neutral Sentiment: HSBC research highlighted India’s private sector PMI rising to a three‑month high — useful macro context for the bank’s Asia franchise but not an immediate driver of HSBC’s own earnings. India PMI via HSBC research
• Neutral Sentiment: Analyst notes and downgrades issued by HSBC research (including ratings changes on Walmart and TechnipFMC) reflect active coverage but have limited direct impact on HSBC’s own fundamentals. HSBC downgrades Walmart
• Negative Sentiment: Reports that HSBC cut roughly 10% of its U.S. debt capital markets team as part of a broader overhaul are pressuring sentiment — layoffs signal short‑term disruption, potential deal coverage loss in the U.S. and ongoing restructuring risk. HSBC cuts 10% of US debt capital markets team

HSBC Company Profile

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.