Crossmark Global Holdings Inc. Lowers Position in HSBC Holdings plc $HSBC

Crossmark Global Holdings Inc. lessened its stake in shares of HSBC Holdings plc (NYSE:HSBC) by 4.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 480,138 shares of the financial services provider’s stock after selling 22,835 shares during the period. Crossmark Global Holdings Inc.’s holdings in HSBC were worth $34,080,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Fisher Asset Management LLC grew its stake in shares of HSBC by 2.1% during the 3rd quarter. Fisher Asset Management LLC now owns 17,398,460 shares of the financial services provider’s stock valued at $1,234,943,000 after acquiring an additional 355,089 shares during the period. Dimensional Fund Advisors LP lifted its holdings in HSBC by 1.8% during the third quarter. Dimensional Fund Advisors LP now owns 10,575,644 shares of the financial services provider’s stock valued at $750,659,000 after purchasing an additional 185,073 shares in the last quarter. American Century Companies Inc. boosted its position in shares of HSBC by 14.7% in 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 purchasing an additional 168,438 shares during the period. JPMorgan Chase & Co. boosted its holdings in HSBC by 160.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 502,200 shares of the financial services provider’s stock worth $30,529,000 after buying an additional 309,738 shares during the period. Finally, Qube Research & Technologies Ltd increased its stake in HSBC by 36.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 365,570 shares of the financial services provider’s stock worth $22,223,000 after buying an additional 98,048 shares in the last quarter. Institutional investors own 1.48% of the company’s stock.

HSBC Stock Up 2.0%

Shares of HSBC opened at $87.17 on Thursday. The business has a fifty day moving average of $85.25 and a 200 day moving average of $75.12. The company has a market cap of $299.43 billion, a PE ratio of 14.41, a P/E/G ratio of 0.93 and a beta of 0.50. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.62. HSBC Holdings plc has a 52-week low of $45.66 and a 52-week high of $94.79.

HSBC (NYSE:HSBC) last issued its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $0.37 EPS for the quarter, missing the consensus estimate of $1.60 by ($1.23). HSBC had a net margin of 16.07% and a return on equity of 13.10%. The firm had revenue of $17.72 billion for the quarter, compared to the consensus estimate of $17.01 billion. On average, sell-side analysts expect that HSBC Holdings plc will post 6.66 EPS for the current year.

HSBC Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Friday, March 13th will be paid a dividend of $2.25 per share. This is a boost from HSBC’s previous quarterly dividend of $0.50. This represents a $9.00 annualized dividend and a dividend yield of 10.3%. The ex-dividend date of this dividend is Friday, March 13th. HSBC’s payout ratio is presently 32.73%.

More HSBC News

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: Analyst endorsement: Citi/others flag HSBC as a top bank pick, citing resilience in European banks and positioning HSBC as a preferred exposure to the sector — supports investor demand. Article Title
• Positive Sentiment: Value case: Zacks highlights HSBC as a strong value stock based on valuation metrics, which may attract long-only and value investors. Article Title
• Positive Sentiment: Brand/sponsorship boost: HSBC extended title sponsorship of the Women’s World Championship golf through 2030, reinforcing marketing reach and client engagement in wealth/business segments. Article Title
• Neutral Sentiment: Research activity: HSBC’s research team upgraded Block and recommended buying after layoffs, showing the bank’s active capital markets/research influence but limited direct impact on HSBC’s own operating results. Article Title
• Neutral Sentiment: Sector analysis: HSBC-issued research flagged significant airline earnings impacts from West Asia flight suspensions — highlights HSBC’s macro/research output but represents thematic insight rather than a direct balance-sheet item. Article Title
• Neutral Sentiment: Joint-venture funding: Canara HSBC Life Insurance is finalizing terms for a ₹250 crore subordinated debt issue — relevant to the group’s insurance JV but unlikely to move HSBC’s stock materially. Article Title
• Negative Sentiment: Insider selling: Surendra Rosha, Co-CEO for Asia & the Middle East, sold HK$43 million of shares — a signal some investors interpret as a precaution or rebalancing and that can weigh on sentiment. Article Title
• Negative Sentiment: Talent loss: Barclays Switzerland hired a former HSBC executive as CEO, indicating some senior departures to competitors which can concern investors about retention and regional leadership continuity. Article Title

Analyst Ratings Changes

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

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.