Compound Planning Inc. boosted its position in HSBC Holdings plc (NYSE:HSBC – Free Report) by 13.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,535 shares of the financial services provider’s stock after purchasing an additional 8,114 shares during the quarter. Compound Planning Inc.’s holdings in HSBC were worth $4,865,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently made changes to their positions in the company. Bridgewater Advisors Inc. boosted its stake in HSBC by 1.9% during the third quarter. Bridgewater Advisors Inc. now owns 8,186 shares of the financial services provider’s stock valued at $589,000 after buying an additional 153 shares during the period. AE Wealth Management LLC boosted its position in shares of HSBC by 2.2% during the 3rd quarter. AE Wealth Management LLC now owns 7,531 shares of the financial services provider’s stock valued at $535,000 after acquiring an additional 162 shares during the last quarter. Addison Advisors LLC grew its holdings in shares of HSBC by 6.6% during the third quarter. Addison Advisors LLC now owns 2,629 shares of the financial services provider’s stock worth $187,000 after purchasing an additional 163 shares in the last quarter. Focus Partners Advisor Solutions LLC increased its position in shares of HSBC by 4.4% in the second quarter. Focus Partners Advisor Solutions LLC now owns 4,022 shares of the financial services provider’s stock worth $244,000 after purchasing an additional 168 shares during the last quarter. Finally, Moors & Cabot Inc. raised its stake in HSBC by 2.7% in the second quarter. Moors & Cabot Inc. now owns 7,152 shares of the financial services provider’s stock valued at $435,000 after purchasing an additional 189 shares in the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.
More HSBC News
Here are the key news stories impacting HSBC this week:
- Positive Sentiment: HSBC provided a $125 million loan to an Indian infrastructure lender, showing continued loan origination and fee/interest income opportunities in emerging markets. Indian infrastructure lender secures $125 million loan from HSBC
- Positive Sentiment: Analysts give HSBC an average recommendation of “Moderate Buy,” backing investor confidence and supporting demand for the stock. HSBC Given Average Recommendation of Moderate Buy
- Positive Sentiment: MarketWatch’s earnings preview expects HSBC’s fourth-quarter net profit likely rose sharply, which could support the share price if confirmed in results. HSBC’s Fourth-Quarter Net Profit Likely Rose Sharply — Earnings Preview
- Positive Sentiment: Zacks recommends foreign bank stocks including HSBC as beneficiaries of restructuring and lower interest-rate risk, a thematic positive for investor demand. 3 Foreign Bank Stocks to Invest in From the Booming Industry
- Positive Sentiment: HSBC Research’s telecom picks (2 buys, 1 sell) suggest the bank’s advisory/research franchise is active and can drive trading and client flows. HSBC Telecom Picks: 2 buys, 1 sell; upside seen up to 25%
- Neutral Sentiment: Zacks’ Q4 preview flags likely higher revenues and earnings from IB and trading, but notes rising expenses could offset some gains — a mixed signal ahead of results. HSBC’s Q4 Earnings on Deck: What’s in Store for the Stock?
- Neutral Sentiment: HSBC is listed among Hang Seng stocks to watch this week, which increases attention but does not by itself change fundamentals. Top Hang Seng Index stocks to watch this week: Alibaba, Baidu, Trip, HSBC
- Neutral Sentiment: A social-media claim links HSBC to a SWIFT–Ripple payments tie-up; the report is unverified and should be treated cautiously by investors until confirmed. XRP Vs. SWIFT On Payments: Is Ripple Already Working With The Payment Giant?
- Negative Sentiment: Headline risk: reports say HSBC could seize BrewDog brewery assets if a buyer isn’t found, highlighting enforcement action that can draw negative publicity and legal/credit-risk attention. Brewdog: HSBC could seize brewery if no buyer found
Analyst Ratings Changes
Get Our Latest Stock Analysis on HSBC
HSBC Stock Down 0.9%
Shares of NYSE HSBC opened at $87.33 on Tuesday. The firm’s fifty day moving average is $83.47 and its 200 day moving average is $73.93. HSBC Holdings plc has a 52 week low of $45.66 and a 52 week high of $90.81. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.49. The company has a market cap of $299.97 billion, a price-to-earnings ratio of 18.38, a PEG ratio of 0.94 and a beta of 0.52.
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.
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