HSBC Holdings plc (NYSE:HSBC) Shares Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC grew its holdings in HSBC Holdings plc (NYSE:HSBC - Free Report) by 18.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,689 shares of the financial services provider's stock after buying an additional 5,182 shares during the period. Park Avenue Securities LLC's holdings in HSBC were worth $1,617,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Bank of Montreal Can grew its position in HSBC by 124.3% in the 3rd quarter. Bank of Montreal Can now owns 171,416 shares of the financial services provider's stock valued at $7,820,000 after acquiring an additional 94,991 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of HSBC by 383.4% in the third quarter. BNP Paribas Financial Markets now owns 93,675 shares of the financial services provider's stock worth $4,233,000 after purchasing an additional 74,295 shares during the last quarter. Stifel Financial Corp increased its stake in HSBC by 40.0% in the 3rd quarter. Stifel Financial Corp now owns 138,127 shares of the financial services provider's stock worth $6,242,000 after buying an additional 39,465 shares during the period. Mediolanum International Funds Ltd bought a new stake in HSBC during the 3rd quarter valued at about $139,895,000. Finally, HighTower Advisors LLC grew its stake in HSBC by 18.0% in the 3rd quarter. HighTower Advisors LLC now owns 157,846 shares of the financial services provider's stock worth $7,135,000 after acquiring an additional 24,080 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors.

HSBC Trading Down 0.4 %

Shares of NYSE HSBC traded down $0.19 during trading hours on Friday, reaching $50.62. The stock had a trading volume of 1,531,339 shares, compared to its average volume of 875,327. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.52. The firm has a market cap of $182.37 billion, a price-to-earnings ratio of 8.37 and a beta of 0.54. The business's fifty day moving average price is $47.97 and its two-hundred day moving average price is $45.34. HSBC Holdings plc has a 52-week low of $36.93 and a 52-week high of $51.03.

HSBC Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 8th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date was Friday, November 8th. HSBC's payout ratio is currently 32.73%.

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.