HSBC Holdings plc $HSBC Shares Sold by M&T Bank Corp

M&T Bank Corp lowered its holdings in HSBC Holdings plc (NYSE:HSBC) by 85.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,526 shares of the financial services provider’s stock after selling 102,713 shares during the quarter. M&T Bank Corp’s holdings in HSBC were worth $1,379,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Shilanski & Associates Inc. purchased a new stake in HSBC during the third quarter worth $5,141,000. Wedbush Securities Inc. boosted its holdings in HSBC by 101.3% during the third quarter. Wedbush Securities Inc. now owns 26,822 shares of the financial services provider’s stock worth $1,904,000 after buying an additional 13,495 shares in the last quarter. Foresight Global Investors Inc. purchased a new stake in HSBC during the third quarter worth $12,810,000. American Century Companies Inc. boosted its holdings in HSBC by 14.7% during the third quarter. American Century Companies Inc. now owns 1,311,820 shares of the financial services provider’s stock worth $93,113,000 after buying an additional 168,438 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd boosted its holdings in HSBC by 63.4% during the third quarter. Y Intercept Hong Kong Ltd now owns 49,410 shares of the financial services provider’s stock worth $3,507,000 after buying an additional 19,176 shares in the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on HSBC shares. Morgan Stanley started coverage on shares of HSBC in a report on Wednesday, January 14th. They set an “equal weight” rating on the stock. Weiss Ratings downgraded shares of HSBC from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 10th. The Goldman Sachs Group started coverage on shares of HSBC in a report on Thursday, March 26th. They set a “buy” rating on the stock. Citigroup reaffirmed a “buy” rating on shares of HSBC in a report on Friday, January 9th. Finally, BNP Paribas Exane downgraded shares of HSBC from an “outperform” rating to a “neutral” rating in a report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $63.00.

Key Headlines Impacting HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC’s research team has turned more bullish on U.S. equities (upgrading U.S. to overweight and downgrading Europe), which can increase client engagement, trading flows and advisory fees as clients rotate into the bank’s favored exposures. HSBC upgrades U.S. equities to overweight, cuts Europe to neutral
• Positive Sentiment: HSBC named Gautam Anand to lead its Global India private banking unit — a strategic hire to deepen cross‑border wealth flows and grow higher‑margin private banking revenues tied to wealthy clients with India links. HSBC names Gautam Anand to lead Global India private banking unit
• Positive Sentiment: HSBC is acting as stabilisation coordinator/manager on a EUR 400m Webuild bond deal — evidence of ongoing ECM/Debt capital markets activity that supports fee income. HSBC Continental Europe: Pre Stabilisation Notice
• Positive Sentiment: Canara HSBC Life Insurance (JV) reported stronger Q4 results and surged in India — positive signaling for HSBC’s insurance JV performance and franchise value in fast‑growing markets. Canara HSBC Life Insurance shares soar 10% as Q4 net profit rises 9% to Rs 35 crore
• Neutral Sentiment: HSBC is piloting quantum computing applications (noisy qubit collaboration) — a long‑horizon technology play that supports innovation narrative but has limited near‑term revenue impact. HSBC collaborates on noisy qubit real-world application
• Neutral Sentiment: HSBC is expanding Saudi private markets fund administration services — broadening product distribution in a growing region, but revenue impact will be gradual. HSBC expands Saudi private markets offering with new fund administration services
• Negative Sentiment: Hong Kong regulators warned about fake stablecoins impersonating HSBC — a security/reputational issue that could require remediation, client communication and increase compliance costs. Hong Kong warns of fake stablecoins impersonating HSBC and Anchorpoint
• Negative Sentiment: Coverage criticizing HSBC’s handling of the Education Africa matter and reports that the board could face investor dissent raise governance and reputational risks that can pressure the stock and invite activist scrutiny. The fallout from HSBC’s handling of Education Africa: a call for accountability HSBC board could face investor dissent at shareholder meeting

HSBC Price Performance

HSBC stock opened at $89.28 on Thursday. HSBC Holdings plc has a 12-month low of $54.97 and a 12-month high of $94.79. The stock has a market cap of $306.83 billion, a P/E ratio of 14.76, a PEG ratio of 0.86 and a beta of 0.54. The company has a 50-day moving average price of $86.25 and a 200 day moving average price of $80.07. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.62.

HSBC (NYSE:HSBC) last released its quarterly earnings data on Saturday, February 14th. The financial services provider reported $1.35 earnings per share (EPS) for the quarter. HSBC had a net margin of 16.07% and a return on equity of 13.10%. The firm had revenue of $17.70 billion during the quarter. Sell-side analysts anticipate that HSBC Holdings plc will post 8.53 earnings per share for the current year.

HSBC Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, March 13th will be given a dividend of $2.25 per share. The ex-dividend date is Friday, March 13th. This is an increase from HSBC’s previous quarterly dividend of $0.50. This represents a $9.00 annualized dividend and a yield of 10.1%. HSBC’s dividend payout ratio (DPR) is 148.43%.

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.