HSBC Holdings plc (LON:HSBA) insider John Flint sold 24,517 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of GBX 621 ($8.11), for a total transaction of £152,250.57 ($198,942.34).

John Flint also recently made the following trade(s):

  • On Monday, February 25th, John Flint sold 72,969 shares of HSBC stock. The shares were sold at an average price of GBX 622 ($8.13), for a total transaction of £453,867.18 ($593,057.86).

Shares of LON:HSBA opened at GBX 621.60 ($8.12) on Friday. HSBC Holdings plc has a twelve month low of GBX 596.40 ($7.79) and a twelve month high of GBX 749.90 ($9.80). The company has a market capitalization of $124.51 billion and a PE ratio of 9.87.

The firm also recently disclosed a dividend, which will be paid on Monday, April 8th. Stockholders of record on Thursday, February 21st will be paid a $0.21 dividend. This represents a dividend yield of 2.48%. The ex-dividend date is Thursday, February 21st. This is a boost from HSBC’s previous dividend of $0.10. HSBC’s dividend payout ratio is 1.02%.

Several research firms have issued reports on HSBA. Credit Suisse Group set a GBX 695 ($9.08) target price on shares of HSBC and gave the company a “neutral” rating in a research note on Thursday, January 31st. Jefferies Financial Group set a GBX 850 ($11.11) price objective on shares of HSBC and gave the stock a “buy” rating in a research note on Thursday, December 13th. Societe Generale lowered their price objective on shares of HSBC from GBX 685 ($8.95) to GBX 650 ($8.49) and set a “hold” rating on the stock in a research note on Wednesday, February 20th. Royal Bank of Canada set a GBX 600 ($7.84) price objective on shares of HSBC and gave the stock a “sell” rating in a research note on Thursday, December 20th. Finally, Bank of America set a GBX 660 ($8.62) price objective on shares of HSBC and gave the stock a “neutral” rating in a research note on Tuesday, February 19th. Seven analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 665.81 ($8.70).

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About HSBC

HSBC Holdings plc provides banking and financial products and services. The company operates through Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking segments. The Retail Banking and Wealth Management segment offers personal banking products and services, mortgages and loans, credit cards, insurance and investment products, savings products, international services, and wealth solutions and financial planning services, as well as telephone, Internet, and mobile banking services.

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Insider Buying and Selling by Quarter for HSBC (LON:HSBA)

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