HSBC Holdings plc (HSBA) Insider Purchases £125,821.80 in Stock
HSBC Holdings plc (LON:HSBA) insider Iain Mackay purchased 16,980 shares of the firm’s stock in a transaction on Monday, November 13th. The stock was bought at an average cost of GBX 741 ($9.75) per share, with a total value of £125,821.80 ($165,489.68).
HSBC Holdings plc (LON:HSBA) traded up GBX 1.90 ($0.02) during midday trading on Tuesday, hitting GBX 736 ($9.68). 21,278,592 shares of the stock traded hands, compared to its average volume of 22,410,000. HSBC Holdings plc has a one year low of GBX 518.17 ($6.82) and a one year high of GBX 772 ($10.15).
The firm also recently declared a dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Thursday, October 12th will be given a $0.10 dividend. This represents a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, October 12th.
HSBA has been the subject of a number of analyst reports. Morgan Stanley set a GBX 850 ($11.18) price objective on shares of HSBC Holdings plc and gave the company a “buy” rating in a report on Monday, July 17th. Deutsche Bank AG lifted their price objective on shares of HSBC Holdings plc from GBX 640 ($8.42) to GBX 695 ($9.14) and gave the company a “hold” rating in a report on Tuesday, July 18th. BNP Paribas reiterated an “outperform” rating and set a GBX 715 ($9.40) price objective on shares of HSBC Holdings plc in a report on Wednesday, July 19th. Citigroup Inc. reiterated a “buy” rating on shares of HSBC Holdings plc in a report on Friday, July 21st. Finally, Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and set a GBX 755 ($9.93) price objective on shares of HSBC Holdings plc in a report on Wednesday, July 26th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company. HSBC Holdings plc has a consensus rating of “Hold” and an average price target of GBX 723.72 ($9.52).
HSBC Holdings plc Company Profile
HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.
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