Marks Group Wealth Management Inc Raises Position in HSBC Holdings plc $HSBC

Marks Group Wealth Management Inc grew its position in HSBC Holdings plc (NYSE:HSBC) by 114.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 18,739 shares of the financial services provider’s stock after buying an additional 10,001 shares during the period. Marks Group Wealth Management Inc’s holdings in HSBC were worth $1,474,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Wedbush Securities Inc. raised its holdings in HSBC by 101.3% in the third quarter. Wedbush Securities Inc. now owns 26,822 shares of the financial services provider’s stock worth $1,904,000 after buying an additional 13,495 shares during the last quarter. Foresight Global Investors Inc. purchased a new position in shares of HSBC during the third quarter valued at approximately $12,810,000. American Century Companies Inc. raised its holdings in shares of HSBC by 14.7% during the third quarter. American Century Companies Inc. now owns 1,311,820 shares of the financial services provider’s stock valued at $93,113,000 after purchasing an additional 168,438 shares during the last quarter. AMJ Financial Wealth Management raised its holdings in shares of HSBC by 91.0% during the third quarter. AMJ Financial Wealth Management now owns 118,837 shares of the financial services provider’s stock valued at $8,435,000 after purchasing an additional 56,624 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in shares of HSBC by 85.2% during the third quarter. Assetmark Inc. now owns 27,175 shares of the financial services provider’s stock valued at $1,929,000 after purchasing an additional 12,501 shares during the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

More HSBC News

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: Analysts continued to view HSBC as a relatively steady name, with brokerage coverage summarized as an average Hold rating, while another report highlighted HSBC’s AI-related earnings potential and margin benefits from industry-wide automation trends. Article Title
• Positive Sentiment: HSBC’s own commentary on AI suggested the bank is moving ahead with automation while still emphasizing human oversight, which may reassure investors that the bank can capture efficiency gains without taking on excessive execution risk. Article Title
• Positive Sentiment: HSBC also reportedly rolled out new AI total-addressable-market forecasts through 2030 and piloted B2B agentic payments in Singapore with Mastercard, reinforcing the market’s view that the bank is investing in future growth areas. Article Title Article Title
• Neutral Sentiment: Several articles were not directly about HSBC’s earnings or operations, including coverage of customer promotions, awards, macro commentary on India’s currency, and general bank-industry news, so they are unlikely to be the main drivers of the stock’s move. Article Title
• Negative Sentiment: One potentially negative overhang is the broader market concern that AI could accelerate banking job cuts and heighten regulatory or operating scrutiny, even if HSBC is framed as a beneficiary of cost savings. Article Title

HSBC Stock Down 2.3%

HSBC stock opened at $89.44 on Wednesday. The stock has a market cap of $307.38 billion, a P/E ratio of 14.66, a PEG ratio of 0.82 and a beta of 0.56. HSBC Holdings plc has a twelve month low of $58.14 and a twelve month high of $95.61. The business’s 50-day moving average price is $90.05 and its 200-day moving average price is $84.36. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.52.

HSBC (NYSE:HSBC) last announced its quarterly earnings data on Tuesday, March 31st. The financial services provider reported $0.44 earnings per share (EPS) for the quarter. The firm had revenue of $19.13 billion during the quarter. HSBC had a net margin of 16.06% and a return on equity of 13.35%. On average, equities research analysts forecast that HSBC Holdings plc will post 8.55 EPS for the current year.

HSBC Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, May 15th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.2%. HSBC’s dividend payout ratio is 32.46%.

Analysts Set New Price Targets

Several research firms have recently weighed in on HSBC. Zacks Research cut shares of HSBC from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. BNP Paribas Exane cut shares of HSBC from an “outperform” rating to a “neutral” rating in a report on Tuesday, April 14th. The Goldman Sachs Group began coverage on shares of HSBC in a report on Thursday, March 26th. They set a “buy” rating for the company. Weiss Ratings cut shares of HSBC from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of HSBC in a report on Thursday, May 14th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Insider Activity

In other news, insider Daniel Scott Palomaki sold 23,123 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $18.11, for a total value of $418,757.53. Following the completion of the sale, the insider directly owned 4,973 shares of the company’s stock, valued at $90,061.03. This represents a 82.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.01% of the stock is currently owned by company insiders.

HSBC Company 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.