HSBC Holdings plc (NYSE:HSBC) Shares Bought by American Century Companies Inc.

American Century Companies Inc. raised its position in HSBC Holdings plc (NYSE:HSBC - Free Report) by 4.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 937,065 shares of the financial services provider's stock after purchasing an additional 40,388 shares during the period. American Century Companies Inc.'s holdings in HSBC were worth $46,347,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Venturi Wealth Management LLC increased its stake in HSBC by 58.2% in the fourth quarter. Venturi Wealth Management LLC now owns 571 shares of the financial services provider's stock valued at $28,000 after purchasing an additional 210 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in HSBC by 1.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 21,909 shares of the financial services provider's stock valued at $990,000 after buying an additional 235 shares during the period. Horizon Investments LLC increased its stake in shares of HSBC by 1.4% during the 4th quarter. Horizon Investments LLC now owns 17,302 shares of the financial services provider's stock valued at $856,000 after acquiring an additional 245 shares during the last quarter. Sonoma Private Wealth LLC lifted its holdings in shares of HSBC by 3.9% during the 4th quarter. Sonoma Private Wealth LLC now owns 6,635 shares of the financial services provider's stock worth $328,000 after acquiring an additional 250 shares during the period. Finally, Abel Hall LLC grew its holdings in HSBC by 4.3% in the third quarter. Abel Hall LLC now owns 6,221 shares of the financial services provider's stock valued at $281,000 after purchasing an additional 257 shares during the period. 1.48% of the stock is owned by institutional investors and hedge funds.

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HSBC Stock Down 0.3 %

Shares of NYSE HSBC traded down $0.15 on Tuesday, hitting $57.28. The company had a trading volume of 1,758,964 shares, compared to its average volume of 1,667,261. 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 Holdings plc has a 12-month low of $39.04 and a 12-month high of $61.88. The firm has a market capitalization of $203.98 billion, a P/E ratio of 9.24, a PEG ratio of 1.05 and a beta of 0.51. The business has a 50 day moving average of $55.94 and a two-hundred day moving average of $49.99.

HSBC (NYSE:HSBC - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.04. HSBC had a net margin of 16.17% and a return on equity of 12.20%. The company had revenue of $11.56 billion during the quarter, compared to the consensus estimate of $13.79 billion. As a group, equities research analysts forecast that HSBC Holdings plc will post 6.66 earnings per share for the current fiscal year.

HSBC Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, March 7th will be issued a $1.80 dividend. The ex-dividend date is Friday, March 7th. This represents a $7.20 dividend on an annualized basis and a yield of 12.57%. HSBC's dividend payout ratio is currently 115.81%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of HSBC from a "buy" rating to a "hold" rating in a research note on Monday, February 3rd. UBS Group reissued a "neutral" rating on shares of HSBC in a research report on Thursday, March 6th. Royal Bank of Canada reaffirmed a "sector perform" rating on shares of HSBC in a research note on Monday, February 3rd. Barclays raised shares of HSBC from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, March 4th. Finally, StockNews.com raised shares of HSBC from a "sell" rating to a "hold" rating in a research report on Tuesday, March 11th. Four investment analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

HSBC Profile

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.