HSBC Holdings plc (NYSE:HSBC) Given Average Rating of "Moderate Buy" by Analysts

HSBC Holdings plc (NYSE:HSBC - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the five research firms that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities analysts have recently commented on the company. Royal Bank of Canada restated a "sector perform" rating on shares of HSBC in a research note on Monday, February 3rd. Barclays upgraded shares of HSBC from an "equal weight" rating to an "overweight" rating in a report on Tuesday, March 4th. UBS Group restated a "neutral" rating on shares of HSBC in a report on Thursday, March 6th. StockNews.com upgraded shares of HSBC from a "sell" rating to a "hold" rating in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft cut HSBC from a "buy" rating to a "hold" rating in a research note on Monday, February 3rd.

Institutional Trading of HSBC

A number of large investors have recently made changes to their positions in the company. Berbice Capital Management LLC purchased a new stake in HSBC in the fourth quarter valued at approximately $25,000. Venturi Wealth Management LLC increased its holdings in shares of HSBC by 58.2% in the 4th quarter. Venturi Wealth Management LLC now owns 571 shares of the financial services provider's stock valued at $28,000 after acquiring an additional 210 shares during the period. CoreCap Advisors LLC boosted its stake in HSBC by 342.9% during the 4th quarter. CoreCap Advisors LLC now owns 589 shares of the financial services provider's stock worth $29,000 after purchasing an additional 456 shares during the period. Whipplewood Advisors LLC purchased a new position in HSBC during the 4th quarter worth $30,000. Finally, Larson Financial Group LLC increased its stake in HSBC by 138.5% in the third quarter. Larson Financial Group LLC now owns 775 shares of the financial services provider's stock valued at $35,000 after purchasing an additional 450 shares during the period. 1.48% of the stock is owned by institutional investors and hedge funds.

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HSBC Stock Down 0.2 %

HSBC stock traded down $0.11 during mid-day trading on Monday, reaching $55.64. 2,264,488 shares of the company's stock were exchanged, compared to its average volume of 1,640,896. The company has a fifty day moving average of $53.67 and a 200-day moving average of $48.57. The company has a market cap of $198.46 billion, a P/E ratio of 8.97, a P/E/G ratio of 1.05 and a beta of 0.51. The company has a quick ratio of 0.96, a current ratio of 0.88 and a debt-to-equity ratio of 0.69. HSBC has a twelve month low of $37.38 and a twelve month high of $61.88.

HSBC (NYSE:HSBC - Get Free Report) last released its earnings results on Wednesday, February 19th. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.41 by $0.04. HSBC had a return on equity of 12.20% and a net margin of 16.17%. The firm had revenue of $11.56 billion during the quarter, compared to analyst estimates of $13.79 billion. Sell-side analysts expect that HSBC will post 6.66 EPS for the current year.

HSBC Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, March 7th will be given a $1.80 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $7.20 dividend on an annualized basis and a yield of 12.94%. HSBC's dividend payout ratio (DPR) is presently 115.81%.

About HSBC

HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions.