TrueMark Investments LLC Sells 7,368 Shares of HSBC Holdings plc $HSBC

TrueMark Investments LLC cut its position in HSBC Holdings plc (NYSE:HSBC) by 13.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 46,502 shares of the financial services provider’s stock after selling 7,368 shares during the quarter. TrueMark Investments LLC’s holdings in HSBC were worth $3,301,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Mather Group LLC. acquired a new position in HSBC during the third quarter valued at approximately $25,000. NewSquare Capital LLC boosted its holdings in shares of HSBC by 152.6% in the 2nd quarter. NewSquare Capital LLC now owns 432 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 261 shares in the last quarter. TD Private Client Wealth LLC increased its stake in shares of HSBC by 101.7% in the 2nd quarter. TD Private Client Wealth LLC now owns 464 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 234 shares during the last quarter. Retirement Wealth Solutions LLC bought a new stake in shares of HSBC during the 3rd quarter worth $32,000. Finally, Raleigh Capital Management Inc. acquired a new stake in HSBC in the second quarter valued at about $33,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

Trending Headlines about HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: Court approval to privatise Hang Seng Bank and delist shares — HSBC’s Hong Kong arm won court approval to proceed with taking Hang Seng private. This removes minority‑share overhang, simplifies group structure in Asia, and could unlock operational and capital synergies for HSBC. HSBC Wins Court Approval to Privatise Hang Seng Bank and Delist Shares
• Positive Sentiment: Asia-for-Asia corporate & institutional banking push — HSBC is stepping up its Asia‑focused CIB strategy from Singapore, signalling targeted growth in higher‑margin corporate businesses across the region which supports revenue growth potential. HSBC steps up Asia-for-Asia strategy with its corporate and institutional banking business in Singapore
• Positive Sentiment: Chair joins UK delegation to China — HSBC chair Noel Quinn (reported among business leaders) joining a UK-China visit may help ease geopolitically driven business frictions and support franchise stability in Asia/China markets. HSBC chair Nelson among bosses joining Starmer on China visit
• Neutral Sentiment: HSBC research activity visible in markets — HSBC analysts remain active (e.g., upgrades and coverage such as Chubb and Hindustan Zinc), which is positive for fee/flows but only indirectly impacts HSBC’s own stock. HSBC Upgrades Chubb (CB) to Buy With a $354 PT
• Neutral Sentiment: Retail and ESG initiatives — launches of a new Premier centre in Malaysia and environmental programs (e.g., ‘Clean Waterways’) support brand and customer engagement but are unlikely to move the stock materially in the near term. HSBC launches all-new Premier Centre in Petaling Jaya HSBC kicks off ‘Clean Waterways’

HSBC Stock Up 0.3%

NYSE:HSBC opened at $83.97 on Friday. HSBC Holdings plc has a one year low of $45.66 and a one year high of $84.24. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market cap of $288.42 billion, a PE ratio of 17.68, a P/E/G ratio of 0.95 and a beta of 0.52. The firm’s 50 day simple moving average is $76.51 and its 200 day simple moving average is $70.13.

HSBC (NYSE:HSBC) last released its quarterly earnings results on Tuesday, October 28th. The financial services provider reported $1.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.15. The firm had revenue of $17.79 billion during the quarter, compared to the consensus estimate of $16.78 billion. HSBC had a net margin of 12.85% and a return on equity of 12.78%. On average, research analysts anticipate that HSBC Holdings plc will post 6.66 earnings per share for the current year.

HSBC Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Friday, November 7th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Friday, November 7th. This is a boost from HSBC’s previous quarterly dividend of $0.50. HSBC’s dividend payout ratio (DPR) is presently 41.68%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Morgan Stanley started coverage on HSBC in a research note on Wednesday, January 14th. They set an “equal weight” rating for the company. Bank of America raised shares of HSBC from a “neutral” rating to a “buy” rating in a report on Wednesday, December 10th. Citigroup reissued a “buy” rating on shares of HSBC in a research note on Friday, January 9th. Weiss Ratings restated a “hold (c+)” rating on shares of HSBC in a research report on Monday, December 29th. Finally, Keefe, Bruyette & Woods upgraded shares of HSBC from a “hold” rating to a “moderate buy” rating in a report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, HSBC currently has an average rating of “Moderate Buy” and a consensus target price of $63.00.

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.