HSBC Holdings plc (HSBC) Holdings Lifted by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its holdings in shares of HSBC Holdings plc (NYSE:HSBC) by 13.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,562 shares of the financial services provider’s stock after buying an additional 2,499 shares during the period. Oppenheimer & Co. Inc.’s holdings in HSBC were worth $1,114,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in HSBC. Harding Loevner LP raised its stake in shares of HSBC by 4,384.0% during the third quarter. Harding Loevner LP now owns 98,112,785 shares of the financial services provider’s stock valued at $17,392,000 after acquiring an additional 95,924,743 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of HSBC by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 14,236,686 shares of the financial services provider’s stock valued at $735,182,000 after acquiring an additional 411,768 shares in the last quarter. Cambiar Investors LLC raised its stake in shares of HSBC by 0.7% during the fourth quarter. Cambiar Investors LLC now owns 4,552,865 shares of the financial services provider’s stock valued at $235,110,000 after acquiring an additional 32,692 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of HSBC by 12.7% during the third quarter. Parametric Portfolio Associates LLC now owns 2,338,801 shares of the financial services provider’s stock valued at $115,560,000 after acquiring an additional 263,130 shares in the last quarter. Finally, Miller Howard Investments Inc. NY bought a new stake in shares of HSBC during the fourth quarter valued at approximately $74,026,000. Institutional investors and hedge funds own 2.24% of the company’s stock.

Several research firms have recently weighed in on HSBC. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of HSBC in a research note on Thursday. Morgan Stanley reaffirmed a “buy” rating on shares of HSBC in a research note on Tuesday, February 13th. Deutsche Bank reaffirmed a “neutral” rating on shares of HSBC in a research note on Friday, February 9th. Santander raised shares of HSBC from a “sell” rating to a “hold” rating in a research note on Tuesday, February 6th. Finally, ValuEngine raised shares of HSBC from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. HSBC currently has a consensus rating of “Hold” and a consensus price target of $31.50.

HSBC Holdings plc (HSBC) opened at $53.83 on Monday. The company has a market cap of $215,270.97, a P/E ratio of 38.45, a P/E/G ratio of 2.46 and a beta of 0.90. HSBC Holdings plc has a 12 month low of $39.63 and a 12 month high of $55.89. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.30.

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HSBC Profile

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.

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Institutional Ownership by Quarter for HSBC (NYSE:HSBC)

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