Stephens Inc. AR increased its stake in shares of HSBC Holdings plc (NYSE:HSBC) by 70.1% in the fourth quarter, Holdings Channel reports. The firm owned 48,534 shares of the financial services provider’s stock after buying an additional 20,008 shares during the period. Stephens Inc. AR’s holdings in HSBC were worth $2,506,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Harding Loevner LP raised its stake in HSBC by 4,384.0% in the third quarter. Harding Loevner LP now owns 98,112,785 shares of the financial services provider’s stock valued at $17,392,000 after buying an additional 95,924,743 shares during the last quarter. Fisher Asset Management LLC raised its stake in HSBC by 3.0% in the fourth quarter. Fisher Asset Management LLC now owns 14,236,686 shares of the financial services provider’s stock valued at $735,182,000 after buying an additional 411,768 shares during the last quarter. Cambiar Investors LLC raised its stake in HSBC by 0.7% in the fourth quarter. Cambiar Investors LLC now owns 4,552,865 shares of the financial services provider’s stock valued at $235,110,000 after buying an additional 32,692 shares during the last quarter. Parametric Portfolio Associates LLC raised its stake in HSBC by 12.7% in the third quarter. Parametric Portfolio Associates LLC now owns 2,338,801 shares of the financial services provider’s stock valued at $115,560,000 after buying an additional 263,130 shares during the last quarter. Finally, Miller Howard Investments Inc. NY purchased a new stake in HSBC in the fourth quarter valued at about $74,026,000. Hedge funds and other institutional investors own 2.27% of the company’s stock.

A number of research firms have commented on HSBC. ValuEngine upgraded HSBC from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. BNP Paribas cut HSBC from an “outperform” rating to a “neutral” rating in a research note on Wednesday, January 17th. BidaskClub upgraded HSBC from a “sell” rating to a “hold” rating in a research note on Saturday, November 11th. UBS Group reiterated a “neutral” rating on shares of HSBC in a research note on Wednesday, November 29th. Finally, Santander upgraded HSBC from a “sell” rating to a “hold” rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $31.50.

HSBC Holdings plc (NYSE HSBC) opened at $50.85 on Friday. HSBC Holdings plc has a 12 month low of $39.63 and a 12 month high of $55.89. The stock has a market capitalization of $206,912.88, a PE ratio of 26.00, a PEG ratio of 2.36 and a beta of 0.90. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.30.

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HSBC Company Profile

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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Institutional Ownership by Quarter for HSBC (NYSE:HSBC)

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