HSBC Holdings plc $HSBC Stock Position Raised by First Command Advisory Services Inc.

First Command Advisory Services Inc. raised its position in shares of HSBC Holdings plc (NYSE:HSBC) by 204.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,754 shares of the financial services provider’s stock after purchasing an additional 7,216 shares during the quarter. First Command Advisory Services Inc.’s holdings in HSBC were worth $1,068,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its position in shares of HSBC by 5.5% during the 1st quarter. Bank of America Corp DE now owns 2,385,883 shares of the financial services provider’s stock valued at $196,811,000 after purchasing an additional 124,201 shares during the period. Royal Bank of Canada raised its holdings in HSBC by 17.3% during the first quarter. Royal Bank of Canada now owns 1,304,192 shares of the financial services provider’s stock valued at $107,582,000 after acquiring an additional 192,133 shares during the period. Quantinno Capital Management LP lifted its position in shares of HSBC by 20.9% in the first quarter. Quantinno Capital Management LP now owns 525,775 shares of the financial services provider’s stock valued at $43,371,000 after acquiring an additional 90,711 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of HSBC by 391.6% in the first quarter. Renaissance Technologies LLC now owns 524,122 shares of the financial services provider’s stock valued at $43,235,000 after acquiring an additional 417,500 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of HSBC by 1.4% in the first quarter. First Trust Advisors LP now owns 500,505 shares of the financial services provider’s stock worth $41,287,000 after acquiring an additional 6,891 shares during the period. 1.48% of the stock is currently owned by institutional investors.

Key Stories Impacting HSBC

These are some of the HSBC stories that stood out recently:

• Positive Sentiment: HSBC bought 500,000 ordinary shares for cancellation on November 11. Buybacks reduce the share count and may support per-share earnings; a further repurchase was also reported the prior day. HSBC Announces Purchase of Shares for Cancellation
• Neutral Sentiment: HSBC plans to open its new London headquarters in March or April 2027. The report provides no cost or financial-impact details. HSBC to open new London HQ in March or April 2027
• Neutral Sentiment: HSBC raised its FY27 India loan-growth forecast to 18% amid faster credit growth. This signals a potentially favorable lending market, but the report does not identify this as HSBC’s own loan-growth guidance. India’s credit growth accelerates; HSBC raises FY27 loan-growth forecast

HSBC Stock Up 0.4%

HSBC opened at $90.21 on Thursday. The company has a market capitalization of $309.28 billion, a PE ratio of 10.70, a price-to-earnings-growth ratio of 0.99 and a beta of 0.56. The firm has a 50-day simple moving average of $95.98 and a two-hundred day simple moving average of $93.54. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.53. HSBC Holdings plc has a 52 week low of $67.56 and a 52 week high of $107.92.

HSBC (NYSE:HSBC) last issued its earnings results on Tuesday, October 27th. The financial services provider reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.20 by ($0.10). The firm had revenue of $18.68 billion during the quarter, compared to the consensus estimate of $18.98 billion. HSBC had a return on equity of 14.33% and a net margin of 19.59%. Analysts forecast that HSBC Holdings plc will post 8.41 earnings per share for the current fiscal year.

HSBC Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Friday, November 6th will be issued 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 of this dividend is Friday, November 6th. HSBC’s dividend payout ratio is 25.71%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on HSBC shares. Deutsche Bank reiterated a “neutral” rating on shares of HSBC in a research report on Wednesday, August 5th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of HSBC in a report on Thursday, August 6th. Keefe, Bruyette & Woods cut HSBC from a “moderate buy” rating to a “hold” rating in a report on Sunday, September 13th. Royal Bank Of Canada restated a “sector perform” rating on shares of HSBC in a research note on Monday, August 17th. Finally, Erste Group Bank lowered shares of HSBC from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, HSBC presently has an average rating of “Hold” and an average price target of $97.00.

HSBC Profile

HSBC Holdings plc is a global banking and financial services company serving individuals, businesses, institutions and governments. Its services include personal and commercial banking, wealth management, private banking, and corporate and investment banking. The company provides products such as deposit accounts, lending, payments, trade finance, foreign exchange and investment services. Its international network supports clients with cross-border banking and financial needs. HSBC traces its origins to the Hongkong and Shanghai Banking Corporation, founded in 1865 to finance trade in Asia.