Crossmark Global Holdings Inc. Lowers Stock Holdings in HSBC Holdings plc $HSBC

Crossmark Global Holdings Inc. lessened its holdings in HSBC Holdings plc (NYSE:HSBC) by 2.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 466,801 shares of the financial services provider’s stock after selling 13,337 shares during the period. Crossmark Global Holdings Inc.’s holdings in HSBC were worth $36,723,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of HSBC. Fisher Asset Management LLC boosted its stake in shares of HSBC by 2.1% in the third quarter. Fisher Asset Management LLC now owns 17,398,460 shares of the financial services provider’s stock worth $1,234,943,000 after acquiring an additional 355,089 shares during the period. Dimensional Fund Advisors LP raised its stake in HSBC by 1.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 10,575,644 shares of the financial services provider’s stock valued at $750,659,000 after purchasing an additional 185,073 shares during the period. Northern Trust Corp lifted its holdings in HSBC by 4.7% in the 3rd quarter. Northern Trust Corp now owns 3,045,134 shares of the financial services provider’s stock worth $216,144,000 after purchasing an additional 136,342 shares in the last quarter. American Century Companies Inc. lifted its holdings in HSBC by 14.7% in the 3rd quarter. American Century Companies Inc. now owns 1,311,820 shares of the financial services provider’s stock worth $93,113,000 after purchasing an additional 168,438 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in HSBC by 34.6% in the 3rd quarter. Raymond James Financial Inc. now owns 455,088 shares of the financial services provider’s stock worth $32,302,000 after purchasing an additional 117,038 shares during the period. 1.48% of the stock is owned by institutional investors.

HSBC Trading Up 1.3%

HSBC stock opened at $90.12 on Friday. HSBC Holdings plc has a twelve month low of $56.54 and a twelve month high of $94.79. The stock has a market capitalization of $309.72 billion, a price-to-earnings ratio of 14.77, a price-to-earnings-growth ratio of 0.90 and a beta of 0.56. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 0.52. The firm’s fifty day simple moving average is $86.44 and its two-hundred day simple moving average is $80.83.

HSBC (NYSE:HSBC) last released its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $0.44 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%. As a group, analysts anticipate that HSBC Holdings plc will post 8.48 earnings per share for the current year.

HSBC Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, May 15th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, May 15th. HSBC’s payout ratio is 147.21%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group started coverage on shares of HSBC in a research report on Thursday, March 26th. They set a “buy” rating on the stock. Zacks Research cut shares of HSBC from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Citigroup reiterated a “buy” rating on shares of HSBC in a report on Friday, January 9th. Weiss Ratings cut shares of HSBC from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday. Finally, Morgan Stanley started coverage on HSBC in a research report on Wednesday, January 14th. They set an “equal weight” rating for the company. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $63.00.

Trending Headlines about HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC announced further mortgage rate cuts of up to 0.30%, which could help sustain UK lending demand and support market share in a competitive mortgage market. HSBC announces further mortgage rate reductions of up to 0.30%
• Positive Sentiment: Erste Group raised its FY2027 EPS estimate for HSBC, reinforcing a constructive earnings outlook and suggesting analysts still see longer-term profit growth.
• Positive Sentiment: HSBC said it sees AI-related upside for China software stocks despite global jitters, signaling ongoing interest in growth opportunities in Asia where the bank has major exposure. HSBC sees AI upside for China software stocks despite global jitters
• Positive Sentiment: At its AGM, HSBC investors backed board proposals and rejected activist resolutions, reducing near-term governance uncertainty for the bank. HSBC Investors Back Board Proposals and Reject Activist Resolutions at 2026 AGM
• Neutral Sentiment: HSBC was highlighted as a strong value and momentum stock by Zacks, which may support investor sentiment but does not change fundamentals by itself. Here’s Why HSBC (HSBC) is a Strong Value Stock
• Neutral Sentiment: HSBC said it has substantially completed a review of lending policies after the $400 million fraud-related provision, which may reassure investors on risk controls but also underscores the scope of the issue. HSBC has reviewed lending policies after $400 million fraud provision, chairman says
• Negative Sentiment: Reuters reported that HSBC was hit by an unexpectedly large $400 million loss tied to a fraud case involving a UK mortgage lender, creating a clear earnings overhang and renewing concern about private-credit risk. Private credit roundup: HSBC’s big loss and an FSB warning
• Negative Sentiment: Shareholders also pushed back against the chair at the AGM amid climate-related concerns, adding another source of governance pressure. HSBC sees shareholder pushback against chair at AGM amid climate action concerns

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.