Americana Partners LLC Has $2.31 Million Position in HSBC Holdings plc (NYSE:HSBC)

Americana Partners LLC increased its position in shares of HSBC Holdings plc (NYSE:HSBC) by 140.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,623 shares of the financial services provider’s stock after buying an additional 27,227 shares during the quarter. Americana Partners LLC’s holdings in HSBC were worth $2,306,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sierra Ocean LLC acquired a new stake in shares of HSBC during the 4th quarter worth approximately $73,000. Principal Securities Inc. boosted its stake in HSBC by 15.8% during the fourth quarter. Principal Securities Inc. now owns 3,536 shares of the financial services provider’s stock worth $175,000 after buying an additional 483 shares in the last quarter. Manchester Capital Management LLC increased its holdings in HSBC by 56.9% in the 4th quarter. Manchester Capital Management LLC now owns 1,817 shares of the financial services provider’s stock valued at $90,000 after buying an additional 659 shares during the period. Rhumbline Advisers lifted its holdings in shares of HSBC by 0.8% during the 4th quarter. Rhumbline Advisers now owns 35,689 shares of the financial services provider’s stock worth $1,765,000 after acquiring an additional 272 shares during the period. Finally, ABC Arbitrage SA acquired a new stake in shares of HSBC during the 4th quarter valued at about $203,000. 1.48% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft cut shares of HSBC from a “buy” rating to a “hold” rating in a research note on Monday, February 3rd.

HSBC Stock Performance

HSBC stock opened at $55.08 on Tuesday. HSBC Holdings plc has a 52-week low of $36.93 and a 52-week high of $55.36. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a fifty day moving average price of $50.47 and a two-hundred day moving average price of $46.65. The firm has a market capitalization of $197.26 billion, a P/E ratio of 9.10, a P/E/G ratio of 1.41 and a beta of 0.54.

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.