Rep. Bruce Westerman Acquires HSBC Holdings plc (NYSE:HSBC) Shares

Representative Bruce Westerman (R-Arkansas) recently bought shares of HSBC Holdings plc NYSE: HSBC. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in HSBC stock on March 3rd. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne OTCMKTS: LVMUY on 4/2/2025.
• Purchased $1,001 - $15,000 in shares of Sony Group NYSE: SONY on 3/24/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi UFJ Financial Group NYSE: MUFG on 3/21/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 3/21/2025.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/20/2025.

HSBC Stock Performance

Shares of NYSE:HSBC traded up $2.11 during trading on Wednesday, reaching $56.12. The company had a trading volume of 2,111,154 shares, compared to its average volume of 1,744,971. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.88 and a quick ratio of 0.96. The stock's fifty day moving average price is $55.36 and its 200 day moving average price is $50.64. HSBC Holdings plc has a fifty-two week low of $39.42 and a fifty-two week high of $61.88. The firm has a market capitalization of $199.84 billion, a price-to-earnings ratio of 9.05, a price-to-earnings-growth ratio of 1.05 and a beta of 0.40.

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

HSBC Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, March 7th will be paid a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 12.83%. The ex-dividend date of this dividend is Friday, March 7th. HSBC's dividend payout ratio is presently 115.81%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Berbice Capital Management LLC acquired a new position in shares of HSBC in the fourth quarter valued at approximately $25,000. Venturi Wealth Management LLC boosted its position in shares of HSBC by 58.2% in the fourth quarter. Venturi Wealth Management LLC now owns 571 shares of the financial services provider's stock worth $28,000 after acquiring an additional 210 shares during the last quarter. CoreCap Advisors LLC increased its position in HSBC by 342.9% during the fourth 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 last quarter. Whipplewood Advisors LLC purchased a new position in HSBC during the fourth quarter worth approximately $30,000. Finally, Garde Capital Inc. purchased a new stake in shares of HSBC during the 1st quarter valued at $43,000. Institutional investors and hedge funds own 1.48% of the company's stock.

Wall Street Analyst Weigh In

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

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

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.