Short Interest in HSBC Holdings plc (NYSE:HSBC) Decreases By 19.4%
by Amy Steele · The Cerbat GemHSBC Holdings plc (NYSE:HSBC – Get Free Report) saw a significant decrease in short interest in March. As of March 31st, there was short interest totaling 6,260,929 shares, a decrease of 19.4% from the March 15th total of 7,765,014 shares. Based on an average trading volume of 2,250,748 shares, the short-interest ratio is currently 2.8 days. Currently, 0.2% of the shares of the company are short sold.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in HSBC. Mather Group LLC. purchased a new position in HSBC during the third quarter worth about $25,000. Transamerica Financial Advisors LLC raised its holdings in HSBC by 287.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 329 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 244 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in HSBC during the third quarter worth about $26,000. Retirement Wealth Solutions LLC purchased a new position in HSBC during the third quarter worth about $32,000. Finally, Binnacle Investments Inc raised its holdings in HSBC by 80.5% during the third quarter. Binnacle Investments Inc now owns 444 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 198 shares in the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities analysts have issued reports on HSBC shares. The Goldman Sachs Group started coverage on shares of HSBC in a research note on Thursday, March 26th. They issued a “buy” rating for the company. Zacks Research raised shares of HSBC from a “hold” rating to a “strong-buy” rating in a report on Monday, April 6th. Citigroup reaffirmed a “buy” rating on shares of HSBC in a report on Friday, January 9th. Morgan Stanley assumed coverage on shares of HSBC in a report on Wednesday, January 14th. They issued an “equal weight” rating for the company. Finally, Weiss Ratings cut shares of HSBC from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, HSBC has a consensus rating of “Moderate Buy” and a consensus target price of $63.00.
View Our Latest Report on HSBC
HSBC News Summary
Here are the key news stories impacting HSBC this week:
- Positive Sentiment: HSBC is reportedly planning a Hong Kong stablecoin and is directly involved in early stablecoin licensing in the city — a potential long‑term revenue and payments growth avenue that supports its Asia franchise and digital payments strategy. HSBC plots Hong Kong stablecoin, Brazil’s PIX expands with PayPal
- Positive Sentiment: Analyst commentary and dividend coverage have highlighted HSBC as an attractive dividend stock, reinforcing investor interest in the yield and capital return profile. HSBC (HSBC) Could Be a Great Choice
- Positive Sentiment: Retail initiatives — including cash switching incentives for Premier account signups and reports HSBC UK may cut some mortgage rates — can help deposit flows and customer acquisition, supporting retail momentum in the U.K. HSBC now offers £1,000 for switching to its Premier current account and Isa – is it worth opening?
- Neutral Sentiment: HSBC plans to redeem US$2bn of 2027 senior notes at par in May and has issued an amended notice clarifying timing — a balance‑sheet action that reduces outstanding debt but requires cash funding; generally neutral to credit profile. HSBC Clarifies Redemption Timing for US$2bn 2027 Senior Notes
- Neutral Sentiment: HSBC Continental Europe posted a stabilisation notice saying no stabilisation was undertaken in relation to a Vestas bond issue — a routine capital‑markets disclosure with minimal impact on HSBC’s core operations. HSBC Continental Europe: Post Stabilisation Notice
- Negative Sentiment: BNP Paribas Exane cut HSBC’s rating to Neutral — a headline that could temper momentum from buy‑side holders and weigh on sentiment if other brokers follow. HSBC (NYSE:HSBC) Rating Lowered to Neutral at BNP Paribas Exane
- Negative Sentiment: RBC analysts flagged HSBC as among the European banks most exposed to disruption if corporates shift to crypto for cash management — a structural risk to fee income for large cash‑management franchises. HSBC, Deutsche Bank among European banks most exposed to corporate crypto payments, RBC analysts say
HSBC Stock Performance
Shares of NYSE:HSBC traded up $1.65 on Friday, reaching $92.17. The company’s stock had a trading volume of 1,407,055 shares, compared to its average volume of 2,118,900. The stock’s 50-day moving average is $85.86 and its two-hundred day moving average is $78.90. HSBC has a 52-week low of $51.60 and a 52-week high of $94.79. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.87 and a quick ratio of 0.87. The stock has a market capitalization of $316.61 billion, a P/E ratio of 15.23, a PEG ratio of 0.90 and a beta of 0.55.
HSBC (NYSE:HSBC – Get Free Report) last announced its earnings results on Saturday, February 14th. The financial services provider reported $1.35 EPS for the quarter. HSBC had a net margin of 16.07% and a return on equity of 13.10%. The business had revenue of $17.70 billion during the quarter. As a group, sell-side analysts forecast that HSBC will post 6.66 EPS for the current year.
HSBC Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, March 13th will be issued a dividend of $2.25 per share. This is an increase from HSBC’s previous quarterly dividend of $0.50. This represents a $9.00 annualized dividend and a yield of 9.8%. The ex-dividend date of this dividend is Friday, March 13th. HSBC’s dividend payout ratio is currently 148.43%.
About HSBC
HSBC Holdings plc (NYSE: HSBC) is a multinational banking and financial services organization headquartered in London. It traces its origins to the Hongkong and Shanghai Banking Corporation, founded in 1865 to facilitate trade between Europe and Asia, and has since grown into one of the world’s largest banking groups. The company is publicly listed in multiple markets, including the London Stock Exchange, the Hong Kong Stock Exchange and as an American depositary receipt on the New York Stock Exchange.
HSBC operates a universal banking model, serving retail, commercial, corporate and institutional clients.