5,134 Shares in HSBC Holdings plc (HSBC) Purchased by Cypress Wealth Services LLC
Cypress Wealth Services LLC bought a new position in shares of HSBC Holdings plc (NYSE:HSBC) during the fourth quarter, HoldingsChannel reports. The firm bought 5,134 shares of the financial services provider’s stock, valued at approximately $265,000.
Other large investors have also made changes to their positions in the company. Vantage Financial Partners Ltd. Inc. acquired a new position in shares of HSBC during the 3rd quarter worth approximately $236,000. Tower Research Capital LLC TRC grew its position in shares of HSBC by 89.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,413 shares of the financial services provider’s stock worth $112,000 after purchasing an additional 1,139 shares in the last quarter. UBS Asset Management Americas Inc. grew its position in shares of HSBC by 1.8% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 2,477 shares of the financial services provider’s stock worth $115,000 after purchasing an additional 43 shares in the last quarter. Archford Capital Strategies LLC grew its position in shares of HSBC by 250.9% during the 2nd quarter. Archford Capital Strategies LLC now owns 2,488 shares of the financial services provider’s stock worth $360,000 after purchasing an additional 1,779 shares in the last quarter. Finally, Fieldpoint Private Securities LLC acquired a new position in shares of HSBC during the 3rd quarter worth approximately $127,000. Hedge funds and other institutional investors own 2.27% of the company’s stock.
Shares of HSBC Holdings plc (HSBC) opened at $50.85 on Friday. HSBC Holdings plc has a twelve month low of $39.63 and a twelve month high of $55.89. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.30. The firm has a market cap of $206,912.88, a P/E ratio of 26.00, a PEG ratio of 2.36 and a beta of 0.90.
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HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.
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