HSBC Holdings plc (NYSE:HSBC) Shares Sold by Courier Capital LLC

Courier Capital LLC trimmed its holdings in shares of HSBC Holdings plc (NYSE:HSBCFree Report) by 4.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,492 shares of the financial services provider’s stock after selling 412 shares during the period. Courier Capital LLC’s holdings in HSBC were worth $420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. JCIC Asset Management Inc. boosted its holdings in HSBC by 42.7% in the fourth quarter. JCIC Asset Management Inc. now owns 2,112 shares of the financial services provider’s stock valued at $104,000 after purchasing an additional 632 shares in the last quarter. Cooper Financial Group lifted its position in shares of HSBC by 6.4% during the 4th quarter. Cooper Financial Group now owns 12,646 shares of the financial services provider’s stock worth $625,000 after buying an additional 759 shares during the last quarter. Aprio Wealth Management LLC boosted its holdings in shares of HSBC by 37.9% in the 4th quarter. Aprio Wealth Management LLC now owns 17,260 shares of the financial services provider’s stock valued at $854,000 after buying an additional 4,743 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of HSBC by 1.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 21,909 shares of the financial services provider’s stock valued at $990,000 after buying an additional 235 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in HSBC by 28.6% in the fourth quarter. GAMMA Investing LLC now owns 7,810 shares of the financial services provider’s stock valued at $386,000 after acquiring an additional 1,735 shares during the last quarter. 1.48% of the stock is owned by institutional investors and hedge funds.

HSBC Stock Performance

NYSE HSBC opened at $49.01 on Tuesday. The company has a fifty day moving average of $47.69 and a two-hundred day moving average of $45.17. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.96 and a quick ratio of 0.96. HSBC Holdings plc has a 1 year low of $36.93 and a 1 year high of $49.86. The company has a market capitalization of $176.58 billion, a PE ratio of 8.10 and a beta of 0.54.

HSBC Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 8th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 4.08%. The ex-dividend date was Friday, November 8th. HSBC’s dividend payout ratio (DPR) is 32.73%.

HSBC Company Profile

(Free Report)

HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions.

Featured Stories

Want to see what other hedge funds are holding HSBC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HSBC Holdings plc (NYSE:HSBCFree Report).

Institutional Ownership by Quarter for HSBC (NYSE:HSBC)

Receive News & Ratings for HSBC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HSBC and related companies with MarketBeat.com's FREE daily email newsletter.