Legacy Financial Advisors Inc. Acquires New Stake in HSBC Holdings plc $HSBC

Legacy Financial Advisors Inc. bought a new position in shares of HSBC Holdings plc (NYSE:HSBC) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 18,757 shares of the financial services provider’s stock, valued at approximately $1,331,000.

Other institutional investors have also recently made changes to their positions in the company. Fisher Asset Management LLC raised its position in shares of HSBC by 9.2% during the second quarter. Fisher Asset Management LLC now owns 17,043,371 shares of the financial services provider’s stock worth $1,036,067,000 after acquiring an additional 1,430,797 shares during the last quarter. JPMorgan Chase & Co. increased its position in HSBC by 160.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 502,200 shares of the financial services provider’s stock valued at $30,529,000 after purchasing an additional 309,738 shares during the period. Bank of Montreal Can raised its holdings in HSBC by 175.6% during the 2nd quarter. Bank of Montreal Can now owns 209,666 shares of the financial services provider’s stock worth $12,746,000 after purchasing an additional 133,591 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of HSBC by 141.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 222,916 shares of the financial services provider’s stock worth $15,823,000 after purchasing an additional 130,440 shares during the period. Finally, American Century Companies Inc. boosted its stake in shares of HSBC by 11.9% in the 2nd quarter. American Century Companies Inc. now owns 1,143,382 shares of the financial services provider’s stock valued at $69,506,000 after purchasing an additional 121,151 shares during the last quarter. Institutional investors own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

HSBC has been the subject of a number of analyst reports. Zacks Research raised shares of HSBC from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Bank of America raised HSBC from a “neutral” rating to a “buy” rating in a research report on Wednesday, December 10th. Keefe, Bruyette & Woods upgraded HSBC from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, December 17th. Morgan Stanley started coverage on HSBC in a report on Wednesday, January 14th. They issued an “equal weight” rating for the company. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of HSBC in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $63.00.

Key Stories Impacting HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC provided a £135m green loan to fund the redevelopment of a landmark Lloyds office in Edinburgh — a sign of continued deal pipeline, fee and lending activity and support for the bank’s ESG credentials. Green loan for Edinburgh office redevelopment
• Positive Sentiment: HSBC Institutional Trust (acting as trustee) helped secure refinancing for Parkway Life REIT’s S$887m facility — illustrates recurring transaction-related revenue and client banking activity. Parkway Life REIT refinancing
• Neutral Sentiment: HSBC research highlighted India’s private sector PMI rising to a three‑month high — useful macro context for the bank’s Asia franchise but not an immediate driver of HSBC’s own earnings. India PMI via HSBC research
• Neutral Sentiment: Analyst notes and downgrades issued by HSBC research (including ratings changes on Walmart and TechnipFMC) reflect active coverage but have limited direct impact on HSBC’s own fundamentals. HSBC downgrades Walmart
• Negative Sentiment: Reports that HSBC cut roughly 10% of its U.S. debt capital markets team as part of a broader overhaul are pressuring sentiment — layoffs signal short‑term disruption, potential deal coverage loss in the U.S. and ongoing restructuring risk. HSBC cuts 10% of US debt capital markets team

HSBC Stock Up 1.5%

HSBC stock opened at $88.14 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.92 and a current ratio of 0.92. HSBC Holdings plc has a fifty-two week low of $45.66 and a fifty-two week high of $90.81. The stock’s 50 day simple moving average is $83.23 and its 200 day simple moving average is $73.75. The company has a market cap of $302.75 billion, a P/E ratio of 18.55, a price-to-earnings-growth ratio of 0.94 and a beta of 0.52.

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.