TrueMark Investments LLC Sells 9,717 Shares of HSBC Holdings plc $HSBC

TrueMark Investments LLC decreased its position in HSBC Holdings plc (NYSE:HSBC) by 20.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,785 shares of the financial services provider’s stock after selling 9,717 shares during the period. TrueMark Investments LLC’s holdings in HSBC were worth $2,894,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HSBC. Mather Group LLC. purchased a new position in HSBC in the third quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of HSBC during the third quarter valued at approximately $26,000. Binnacle Investments Inc increased its position in shares of HSBC by 80.5% during the third quarter. Binnacle Investments Inc now owns 444 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 198 shares in the last quarter. Retirement Wealth Solutions LLC purchased a new position in HSBC in the 3rd quarter worth approximately $32,000. Finally, JPL Wealth Management LLC bought a new position in HSBC in the 3rd quarter valued at approximately $41,000. 1.48% of the stock is currently owned by institutional investors.

HSBC Stock Performance

HSBC stock opened at $79.15 on Monday. The company has a market cap of $271.88 billion, a P/E ratio of 13.08, a price-to-earnings-growth ratio of 0.82 and a beta of 0.50. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.87 and a quick ratio of 0.87. HSBC Holdings plc has a 1 year low of $45.66 and a 1 year high of $94.79. The stock’s fifty day moving average price is $85.55 and its 200-day moving average price is $77.13.

HSBC (NYSE:HSBC) last posted its earnings results on Wednesday, February 25th. The financial services provider reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.25. The company 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%. On average, equities analysts forecast that HSBC Holdings plc will post 6.66 earnings per share for the current year.

HSBC Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, March 13th will be issued a $2.25 dividend. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from HSBC’s previous quarterly dividend of $0.50. This represents a $9.00 dividend on an annualized basis and a dividend yield of 11.4%. HSBC’s payout ratio is 148.43%.

Wall Street Analyst Weigh In

HSBC has been the topic of several recent analyst reports. The Goldman Sachs Group assumed coverage on HSBC in a research note on Thursday. They set a “buy” rating on the stock. Keefe, Bruyette & Woods raised HSBC from a “hold” rating to a “moderate buy” rating in a report on Wednesday, December 17th. Zacks Research downgraded HSBC from a “strong-buy” rating to a “hold” rating in a report on Friday, March 6th. Citigroup reissued a “buy” rating on shares of HSBC in a research report on Friday, January 9th. Finally, Morgan Stanley initiated coverage on shares of HSBC in a report on Wednesday, January 14th. They set an “equal weight” rating on the stock. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, HSBC currently has an average rating of “Moderate Buy” and an average target price of $63.00.

Key Stories Impacting HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: Goldman Sachs initiated coverage with a “buy” rating, providing buy-side validation that can support the stock if broader market risk sentiment stabilizes (new analyst demand / flows).
• Positive Sentiment: Erste Group modestly raised its FY2027 EPS estimate for HSBC, signaling incremental upward revisions to earnings expectations that can support valuation.
• Positive Sentiment: CEO Georges Elhedery emphasized aggressive simplification of the bank’s operations — a strategic message investors favor because sustained simplification can improve returns and lower structural costs. HSBC CEO on being ruthless in killing complexity
• Neutral Sentiment: HSBC issued US$130m of 10‑year fixed‑rate senior unsecured notes (5.48% due 2036). The size is small relative to HSBC’s balance sheet, so the move is more of a funding/cost-of-capital data point than a major credit event. HSBC issues US$130m 10-year senior unsecured notes
• Neutral Sentiment: Company disclosure of senior executive dealings was published — standard regulatory transparency that can attract attention but is neutral unless it reveals large insider selling. HSBC Discloses Senior Executive Dealings in Capital Securities and Shares
• Neutral Sentiment: HSBC research pieces (including notes on Lenskart valuation and a list of 10 stocks to consider) are visible in the press — useful for investor relations and revenue from research, but unlikely to move HSBC’s share price materially on their own. Lenskart valuations leave ‘little upside’ for shares, HSBC says
• Negative Sentiment: Worsening India market conditions — a large pullback of foreign investors and the government cutting fuel taxes to shield consumers — raise regional macro risk where HSBC has significant exposure. Reduced market activity, capital outflows and a weaker fiscal backdrop in India can weigh on HSBC’s Asia-related revenues and sentiment. Foreign investors pull a record $12 billion from Indian stocks India takes a ‘huge hit’ on tax revenue to keep fuel prices from surging

HSBC Profile

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.