Prospera Financial Services Inc Grows Stock Holdings in HSBC Holdings plc $HSBC

Prospera Financial Services Inc lifted its position in HSBC Holdings plc (NYSE:HSBC) by 78.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 36,305 shares of the financial services provider’s stock after buying an additional 15,968 shares during the period. Prospera Financial Services Inc’s holdings in HSBC were worth $2,578,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Mather Group LLC. purchased a new position in HSBC in the third quarter worth $25,000. NewSquare Capital LLC increased its position in HSBC by 152.6% during the 2nd quarter. NewSquare Capital LLC now owns 432 shares of the financial services provider’s stock valued at $26,000 after buying an additional 261 shares in the last quarter. Retirement Wealth Solutions LLC purchased a new stake in HSBC in the third quarter valued at about $32,000. Root Financial Partners LLC acquired a new stake in HSBC in the third quarter worth about $43,000. Finally, Private Trust Co. NA grew its stake in shares of HSBC by 346.2% during the second quarter. Private Trust Co. NA now owns 763 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 592 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

HSBC Price Performance

NYSE:HSBC opened at $86.83 on Friday. The firm’s fifty day moving average is $81.57 and its two-hundred day moving average is $72.59. The firm has a market cap of $298.26 billion, a price-to-earnings ratio of 18.28, a PEG ratio of 0.96 and a beta of 0.52. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.92 and a current ratio of 0.92. HSBC Holdings plc has a one year low of $45.66 and a one year high of $90.81.

More HSBC News

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: UK Treasury selects HSBC’s Orion blockchain platform to run a pilot issuance of tokenised government bonds — a marquee win that highlights HSBC’s leadership in tokenisation and could drive fee income and platform adoption if the programme scales. Read More. Read More.
• Positive Sentiment: HSBC plans to fully redeem US$1bn of contingent convertible (CoCo) securities in March — a capital‑management move that cuts perpetual coupon expense and can simplify the capital structure, which investors often view as credit‑positive. Read More.
• Positive Sentiment: HSBC’s tokenisation capability continues to get traction with institutional partners (coverage on how HSBC and asset managers use BaaS for near‑real‑time settlement), reinforcing recurring revenue potential from digital asset services. Read More.
• Neutral Sentiment: Management and governance updates in Asia — HSBC Singapore elevated Group COO Suzy White to the board and appointed a new director; incremental for regional execution but not materially value‑moving on its own. Read More.
• Neutral Sentiment: Canara HSBC Life Insurance redesignated an executive to deputy CEO and CDO‑bancassurance — group‑level affiliate news with limited direct impact on HSBC Holdings’ stock. Read More.
• Neutral Sentiment: HSBC research commentary noted China’s large trade surplus is supporting risk assets but warned a stronger yuan could reverse the trend — useful market color but not company‑specific news. Read More.
• Neutral Sentiment: Preview and analyst coverage items (earnings projections, head‑to‑head comparisons) are circulating ahead of results; these routine reports can influence short‑term sentiment but contain no new operational surprises. Read More.

Analyst Upgrades and Downgrades

A number of analysts recently commented on HSBC shares. Erste Group Bank upgraded shares of HSBC from a “hold” rating to a “buy” rating in a research note on Thursday, November 20th. Morgan Stanley initiated coverage on shares of HSBC in a report on Wednesday, January 14th. They set an “equal weight” rating on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of HSBC in a research note on Monday, December 29th. Zacks Research upgraded HSBC from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Finally, Bank of America upgraded HSBC from a “neutral” rating to a “buy” rating in a research note on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $63.00.

About HSBC

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.