HSBC Holdings plc (LON:HSBA) Insider Acquires £154.98 in Stock

HSBC Holdings plc (LON:HSBA) insider Douglas J. Flint bought 21 shares of the business’s stock in a transaction on Tuesday, August 29th. The stock was purchased at an average cost of GBX 738 ($9.53) per share, with a total value of £154.98 ($200.15).

HSBC Holdings plc (LON:HSBA) traded down 1.78% during midday trading on Friday, hitting GBX 708.00. The stock had a trading volume of 49,935,151 shares. The stock’s market cap is GBX 143.51 billion. HSBC Holdings plc has a 52-week low of GBX 518.17 and a 52-week high of GBX 772.00. The company’s 50 day moving average price is GBX 744.34 and its 200-day moving average price is GBX 694.45.

The business also recently declared a dividend, which will be paid on Wednesday, September 20th. Investors of record on Thursday, August 3rd will be issued a dividend of $0.10 per share. This represents a dividend yield of 1.02%. The ex-dividend date is Thursday, August 3rd.

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HSBA has been the subject of several research reports. Investec lowered HSBC Holdings plc to a “sell” rating and set a GBX 640 ($8.27) target price for the company. in a research note on Monday, June 12th. Citigroup Inc. reaffirmed a “buy” rating and issued a GBX 850 ($10.98) target price on shares of HSBC Holdings plc in a research note on Tuesday, August 22nd. Jefferies Group LLC initiated coverage on HSBC Holdings plc in a research note on Monday, September 4th. They issued a “buy” rating and a GBX 920 ($11.88) target price for the company. Goldman Sachs Group, Inc. (The) set a GBX 740 ($9.56) target price on HSBC Holdings plc and gave the stock a “neutral” rating in a research note on Friday, June 16th. Finally, Morgan Stanley set a GBX 850 ($10.98) target price on HSBC Holdings plc and gave the stock a “buy” rating in a research note on Monday, July 17th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 702.90 ($9.08).

About HSBC Holdings plc

HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.

Insider Buying and Selling by Quarter for HSBC Holdings plc (LON:HSBA)

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