American Century Companies Inc. raised its holdings in HSBC Holdings plc (NYSE:HSBC – Free Report) by 14.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,311,820 shares of the financial services provider’s stock after buying an additional 168,438 shares during the quarter. American Century Companies Inc.’s holdings in HSBC were worth $93,113,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the business. Fisher Asset Management LLC grew its position in HSBC by 9.2% during the second quarter. Fisher Asset Management LLC now owns 17,043,371 shares of the financial services provider’s stock worth $1,036,067,000 after buying an additional 1,430,797 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of HSBC by 160.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 502,200 shares of the financial services provider’s stock worth $30,529,000 after acquiring an additional 309,738 shares during the period. Qube Research & Technologies Ltd grew its holdings in shares of HSBC by 36.7% during the 2nd 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 in the last quarter. Raymond James Financial Inc. increased its position in shares of HSBC by 1.2% during the second quarter. Raymond James Financial Inc. now owns 338,050 shares of the financial services provider’s stock valued at $20,550,000 after purchasing an additional 4,072 shares during the period. Finally, Creative Planning raised its stake in shares of HSBC by 4.8% in the second quarter. Creative Planning now owns 313,074 shares of the financial services provider’s stock valued at $19,032,000 after purchasing an additional 14,368 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting HSBC
Here are the key news stories impacting HSBC this week:
- Positive Sentiment: Board and leadership update at HSBC UK — Dame Carolyn Fairbairn named next chair of HSBC UK Bank, a governance move investors typically view as stabilizing for UK operations. HSBC Names Dame Carolyn Fairbairn as Next Chair of HSBC UK Bank
- Positive Sentiment: Wealth-management expansion — HSBC opened its largest wealth centre in Singapore and made senior hires to boost the China–ASEAN corridor, supporting fee-income growth and client retention in Asia. HSBC Opens Its Fourth and Largest Wealth Centre in Singapore
- Positive Sentiment: Zacks highlights HSBC as a strong value stock and compares it favorably versus peers, which can attract value-oriented flows given HSBC’s low P/E and improving ROE narrative. Here’s Why HSBC (HSBC) is a Strong Value Stock
- Neutral Sentiment: HSBC research activity: the bank upgraded Block (SQ) and publicly recommended buying Block after its layoffs — positive for Block but tangential to HSBC’s own fundamentals; signals an active research desk but is not direct corporate news. HSBC upgrades Block, cites ‘material increase in earnings power’ Block shocked Wall Street by firing nearly half its work force. HSBC says buy the stock
- Neutral Sentiment: Canara HSBC Life Insurance is finalizing terms for a ₹250 crore subordinated debt issue — modestly positive for the JV’s capital structure but limited direct impact on HSBC Holdings’ share price. Canara HSBC Life Insurance Sets Panel Meet to Finalize ₹250 Crore Subordinated Debt Issue Terms
- Neutral Sentiment: Historical performance piece on returns (how $1,000 would have grown) — background context for investors but not a driver of near‑term moves. Here’s How Much $1000 Invested In HSBC Holdings 5 Years Ago Would Be Worth Today
- Negative Sentiment: Geopolitical risk warning from HSBC analysts: the bank says a prolonged Iran conflict would boost oil, gold and USD while hurting equities; markets are already pricing in elevated risk, which pressures credit and equity sentiment. HSBC Says Lasting Iran Conflict Would Boost Oil, Gold, USD and Hurt Equities Credit markets dented as Middle East war piles onto ‘cockroaches’ fears
- Negative Sentiment: Operational/brand noise: HSBC’s Sheffield global IT hub was vandalised — reputational/operational disruption is minor but adds to short-term headline risk. HSBC ‘global IT hub’ in Sheffield vandalised with windows smashed and red paint flung on walls
HSBC Stock Down 4.8%
HSBC (NYSE:HSBC – Get Free Report) last posted its earnings results on Wednesday, February 25th. The financial services provider reported $0.37 earnings per share for the quarter, missing the consensus estimate of $1.60 by ($1.23). The business had revenue of $17.72 billion for the quarter, compared to the consensus estimate of $17.01 billion. HSBC had a return on equity of 13.10% and a net margin of 16.07%. Equities research analysts expect that HSBC Holdings plc will post 6.66 earnings per share for the current year.
HSBC Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, March 13th will be paid a $2.25 dividend. This is an increase from HSBC’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, March 13th. This represents a $9.00 annualized dividend and a yield of 10.5%. HSBC’s dividend payout ratio (DPR) is 32.73%.
Analyst Ratings Changes
HSBC has been the topic of a number of analyst reports. Bank of America raised shares of HSBC from a “neutral” rating to a “buy” rating in a research note on Wednesday, December 10th. Erste Group Bank raised HSBC from a “hold” rating to a “buy” rating in a report on Thursday, November 20th. Keefe, Bruyette & Woods raised HSBC from a “hold” rating to a “moderate buy” rating in a report on Wednesday, December 17th. Morgan Stanley assumed coverage on HSBC in a research report on Wednesday, January 14th. They set an “equal weight” rating for the company. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of HSBC in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $63.00.
Get Our Latest Research Report on HSBC
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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