Natural Investments LLC Acquires Shares of 6,760 HSBC Holdings plc (NYSE:HSBC)

Natural Investments LLC purchased a new position in HSBC Holdings plc (NYSE:HSBC) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,760 shares of the financial services provider’s stock, valued at approximately $334,000.

A number of other large investors also recently modified their holdings of the business. FMR LLC lifted its position in shares of HSBC by 44.3% in the 3rd quarter. FMR LLC now owns 2,442,205 shares of the financial services provider’s stock worth $110,363,000 after buying an additional 749,759 shares during the last quarter. Crossmark Global Holdings Inc. lifted its position in shares of HSBC by 2.8% in the 4th quarter. Crossmark Global Holdings Inc. now owns 514,642 shares of the financial services provider’s stock worth $25,454,000 after buying an additional 14,095 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of HSBC in the 4th quarter worth about $17,815,000. Bank of New York Mellon Corp lifted its position in shares of HSBC by 135.6% in the 4th quarter. Bank of New York Mellon Corp now owns 347,565 shares of the financial services provider’s stock worth $17,191,000 after buying an additional 200,054 shares during the last quarter. Finally, QRG Capital Management Inc. lifted its position in HSBC by 11.7% in the 4th quarter. QRG Capital Management Inc. now owns 346,661 shares of the financial services provider’s stock valued at $17,146,000 after purchasing an additional 36,219 shares during the last quarter. 1.48% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. UBS Group reiterated a “neutral” rating on shares of HSBC in a research report on Thursday, March 6th. Barclays upgraded shares of HSBC from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, March 4th. StockNews.com upgraded shares of HSBC from a “sell” rating to a “hold” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft cut shares of HSBC from a “buy” rating to a “hold” rating in a research note on Monday, February 3rd. Finally, Royal Bank of Canada reissued a “sector perform” rating on shares of HSBC in a research note on Monday, February 3rd. Four research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

HSBC Stock Down 0.6 %

HSBC stock opened at $55.42 on Wednesday. The stock has a market cap of $197.70 billion, a price-to-earnings ratio of 8.94, a PEG ratio of 1.05 and a beta of 0.51. The company has a current ratio of 0.88, a quick ratio of 0.96 and a debt-to-equity ratio of 0.69. The company’s 50-day moving average price is $53.55 and its two-hundred day moving average price is $48.52. HSBC Holdings plc has a 52 week low of $37.38 and a 52 week high of $61.88.

HSBC (NYSE:HSBC) last announced its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.04. The company had revenue of $11.56 billion for 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%. On average, analysts expect that HSBC Holdings plc will post 6.66 EPS for the current fiscal year.

HSBC Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, March 7th will be paid a $1.80 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $7.20 annualized dividend and a dividend yield of 12.99%. HSBC’s dividend payout ratio is currently 115.81%.

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.