HSBC Holdings plc (NYSE:HSBC – Get Free Report) has been assigned an average rating of “Hold” from the sixteen brokerages that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $97.00.
HSBC has been the subject of several recent analyst reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of HSBC in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reiterated a “neutral” rating on shares of HSBC in a report on Wednesday, August 5th. Shore Capital Group lowered shares of HSBC to a “sell” rating in a research report on Wednesday, August 5th. Royal Bank Of Canada restated a “sector perform” rating on shares of HSBC in a report on Monday, August 17th. Finally, Keefe, Bruyette & Woods downgraded HSBC from a “moderate buy” rating to a “hold” rating in a research report on Sunday, September 13th.
Read Our Latest Research Report on HSBC
Hedge Funds Weigh In On HSBC
Institutional investors and hedge funds have recently bought and sold shares of the stock. Quantinno Capital Management LP boosted its holdings in HSBC by 20.9% in the 1st quarter. Quantinno Capital Management LP now owns 525,775 shares of the financial services provider’s stock valued at $43,371,000 after purchasing an additional 90,711 shares during the period. Engineers Gate Manager LP bought a new position in shares of HSBC during the 2nd quarter worth about $4,412,000. Bessemer Group Inc. increased its holdings in shares of HSBC by 1,921.0% during the 1st quarter. Bessemer Group Inc. now owns 38,056 shares of the financial services provider’s stock worth $3,139,000 after purchasing an additional 36,173 shares during the period. Signal Advisors Wealth LLC acquired a new position in shares of HSBC during the third quarter valued at about $1,325,000. Finally, QRG Capital Management Inc. raised its position in shares of HSBC by 13.4% during the second quarter. QRG Capital Management Inc. now owns 264,385 shares of the financial services provider’s stock valued at $25,140,000 after buying an additional 31,191 shares during the last quarter. Institutional investors own 1.48% of the company’s stock.
HSBC Stock Performance
Shares of HSBC stock opened at $85.44 on Friday. The stock has a market cap of $292.92 billion, a PE ratio of 11.10, a price-to-earnings-growth ratio of 0.94 and a beta of 0.58. The business has a fifty day simple moving average of $98.46 and a 200-day simple moving average of $93.33. The company has a quick ratio of 0.92, a current ratio of 0.89 and a debt-to-equity ratio of 0.53. HSBC has a 12 month low of $67.56 and a 12 month high of $107.92.
HSBC (NYSE:HSBC – Get Free Report) last announced its quarterly earnings data on Tuesday, October 27th. The financial services provider reported $2.10 EPS for the quarter, missing analysts’ consensus estimates of $2.20 by ($0.10). HSBC had a net margin of 19.59% and a return on equity of 14.33%. The company had revenue of $18.68 billion for the quarter, compared to analysts’ expectations of $18.98 billion. On average, sell-side analysts anticipate that HSBC will post 8.48 EPS for the current fiscal year.
HSBC Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Friday, November 6th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, November 6th. HSBC’s dividend payout ratio is currently 25.71%.
Key Stories Impacting HSBC
Here are the key news stories impacting HSBC this week:
- Positive Sentiment: HSBC, Uber and Franklin Templeton completed a blockchain treasury pilot that generated roughly 1.5 additional days of yield on idle cash through tokenized deposits and funds. The project supports HSBC’s strategy of expanding digital-asset and transaction-banking services. Uber Partners With HSBC, Franklin Templeton to Earn Extra Yield Through Blockchain Pilot
- Positive Sentiment: HSBC reported third-quarter profit of $9.6 billion, up 32%, indicating strong underlying earnings momentum despite the separate consensus miss highlighted by investors. HSBC Third-Quarter Profit Rises 32 Percent to USD9.6 Billion
- Positive Sentiment: HSBC is reportedly seeking credit-risk insurance to hedge data-center debt exposure, which could reduce concentrated credit risk as lending to the sector expands. HSBC Seeks to Hedge Data Center Debt With Credit Risk Insurance
- Neutral Sentiment: Erste Group issued a fiscal-2026 earnings forecast for HSBC, providing a fresh analyst estimate but no clear change in the bank’s operating outlook. FY2026 Earnings Forecast for HSBC Issued By Erste Group Bank
- Negative Sentiment: HSBC’s latest reported quarterly results came in below consensus, with earnings per share and revenue missing estimates. The shortfall appears to be the main near-term reason for the stock’s weakness, despite the stronger year-over-year profit figure. HSBC Shares Gap Down After Earnings Miss
- Negative Sentiment: An analysis argues that higher yields are currently weighing on HSBC’s capital position, creating a near-term headwind even though the investment could support stronger future earnings. HSBC Holdings: Higher Yields Hurt Capital Now, But Could Strengthen Future Earnings
HSBC Company Profile
HSBC Holdings plc is a global banking and financial services company headquartered in London. Its principal subsidiary, The Hongkong and Shanghai Banking Corporation, was established in 1865 to facilitate trade between Europe and Asia. HSBC’s shares trade on the New York Stock Exchange in the form of American depositary receipts under the symbol HSBC.
The company provides personal and wealth banking, commercial banking, corporate and institutional banking, investment banking, global markets, and asset management services.
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