Dimensional Fund Advisors LP Sells 390,126 Shares of HSBC Holdings plc $HSBC

Dimensional Fund Advisors LP cut its stake in shares of HSBC Holdings plc (NYSE:HSBC) by 3.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,972,221 shares of the financial services provider’s stock after selling 390,126 shares during the quarter. Dimensional Fund Advisors LP’s holdings in HSBC were worth $822,608,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Morgan Stanley boosted its position in HSBC by 15.3% in the fourth quarter. Morgan Stanley now owns 7,483,883 shares of the financial services provider’s stock valued at $588,757,000 after buying an additional 993,473 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of HSBC by 1,272.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 909,464 shares of the financial services provider’s stock valued at $71,548,000 after acquiring an additional 843,186 shares during the last quarter. Clearbridge Investments LLC lifted its stake in shares of HSBC by 77.0% in the 4th quarter. Clearbridge Investments LLC now owns 1,443,716 shares of the financial services provider’s stock valued at $113,577,000 after acquiring an additional 627,857 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in shares of HSBC by 2.3% during the 4th quarter. Fisher Asset Management LLC now owns 17,800,748 shares of the financial services provider’s stock valued at $1,400,385,000 after acquiring an additional 402,288 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in HSBC by 843.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 242,762 shares of the financial services provider’s stock worth $20,025,000 after acquiring an additional 217,037 shares during the last quarter. Institutional investors own 1.48% of the company’s stock.

Analysts Set New Price Targets

HSBC has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of HSBC in a research report on Tuesday, June 23rd. Erste Group Bank cut shares of HSBC from a “buy” rating to a “hold” rating in a research report on Wednesday, July 15th. Zacks Research lowered shares of HSBC from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Royal Bank Of Canada reissued a “sector perform” rating on shares of HSBC in a research note on Thursday, May 14th. Finally, The Goldman Sachs Group initiated coverage on shares of HSBC in a report on Thursday, March 26th. They issued a “buy” rating on the stock. Four research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, HSBC has a consensus rating of “Hold”.

More HSBC News

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC won Bank of England approval to launch HSBC Orion in the UK Digital Securities Sandbox, a milestone that could strengthen its position in digital bond issuance and settlement and support longer-term fee growth. HSBC wins Bank of England approval to enter Digital Securities Sandbox
• Positive Sentiment: HSBC’s recent bullish calls on Asian markets — including upgrades on India and a continued constructive stance on China — suggest the bank sees improving conditions in key growth regions, which can support investor confidence in its broader Asia exposure. HSBC upgrades India, sticks with China as Asia’s AI rally faces reality check
• Positive Sentiment: HSBC also said Indian equities look more attractive as oil-price pressures ease and foreign flows return, reinforcing a more favorable macro view that could benefit the bank’s regional outlook. HSBC upgrades Indian equities to ‘neutral’ on easing oil prices, return of foreign flows
• Neutral Sentiment: HSBC’s GIFT City unit is offering a leveraged deposit product to attract NRI dollar inflows, which is more of a funding/liquidity initiative than a clear near-term earnings catalyst. HSBC offers 19x FCNR(B) leverage in GIFT City
• Neutral Sentiment: Erste Group Bank reportedly lowered HSBC to Hold, but there were no details indicating a major change in the bank’s fundamental outlook. HSBC (NYSE:HSBC) Lowered to “Hold” Rating by Erste Group Bank
• Negative Sentiment: Some of the market attention is tied to broader Asian equity caution and a rating cut on HSBC’s preferred market views, which could temper enthusiasm if investors worry about regional growth or regulatory risks. Citi backs NatWest and HSBC as UK banking noise set to fade

Insider Buying and Selling

In other HSBC news, insider Daniel Scott Palomaki sold 23,123 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $18.11, for a total transaction of $418,757.53. Following the completion of the sale, the insider directly owned 4,973 shares of the company’s stock, valued at approximately $90,061.03. The trade was a 82.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.01% of the company’s stock.

HSBC Price Performance

Shares of NYSE:HSBC opened at $100.56 on Monday. HSBC Holdings plc has a twelve month low of $60.61 and a twelve month high of $101.10. The stock’s 50 day moving average is $94.07 and its 200-day moving average is $88.71. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $345.58 billion, a price-to-earnings ratio of 16.48, a PEG ratio of 0.89 and a beta of 0.57.

HSBC (NYSE:HSBC) last announced its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $0.44 EPS for the quarter. HSBC had a net margin of 16.06% and a return on equity of 13.35%. The business had revenue of $19.12 billion during the quarter. Sell-side analysts forecast that HSBC Holdings plc will post 8.62 EPS for the current fiscal year.

HSBC Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, May 15th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.0%. HSBC’s payout ratio is 32.46%.

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.