Barclays PLC Has $1.85 Million Stake in HSBC Holdings plc (NYSE:HSBC)

Barclays PLC lessened its holdings in shares of HSBC Holdings plc (NYSE:HSBC) by 2.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 40,867 shares of the financial services provider’s stock after selling 880 shares during the period. Barclays PLC’s holdings in HSBC were worth $1,847,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. XTX Topco Ltd bought a new stake in HSBC during the 3rd quarter worth about $1,956,000. Stifel Financial Corp grew its stake in shares of HSBC by 40.0% during the third quarter. Stifel Financial Corp now owns 138,127 shares of the financial services provider’s stock valued at $6,242,000 after purchasing an additional 39,465 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of HSBC by 1.9% in the third quarter. Integrated Wealth Concepts LLC now owns 14,185 shares of the financial services provider’s stock valued at $641,000 after purchasing an additional 265 shares in the last quarter. HighTower Advisors LLC raised its position 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 purchasing an additional 24,080 shares during the last quarter. Finally, CreativeOne Wealth LLC acquired a new position in HSBC during the 3rd quarter worth $217,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.

HSBC Stock Up 0.0 %

NYSE HSBC opened at $49.26 on Friday. The stock has a market capitalization of $177.48 billion, a P/E ratio of 8.14 and a beta of 0.56. HSBC Holdings plc has a 52 week low of $36.93 and a 52 week high of $49.46. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a fifty day moving average of $46.74 and a 200-day moving average of $44.69.

HSBC Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 8th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, November 8th. This represents a $2.00 annualized dividend and a yield of 4.06%. HSBC’s dividend payout ratio is currently 32.73%.

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.