Marc Moses Acquires 17,083 Shares of HSBC Holdings plc (HSBA) Stock
HSBC Holdings plc (LON:HSBA) insider Marc Moses purchased 17,083 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The shares were purchased at an average cost of GBX 737 ($9.57) per share, with a total value of £125,901.71 ($163,445.03).
Shares of HSBC Holdings plc (HSBA) traded up 0.19% during trading on Tuesday, hitting GBX 744.50. 10,389,750 shares of the company’s stock were exchanged. HSBC Holdings plc has a 1-year low of GBX 518.17 and a 1-year high of GBX 772.00. The firm’s market capitalization is GBX 150.91 billion. The stock’s 50 day moving average is GBX 739.07 and its 200 day moving average is GBX 685.66.
The business also recently disclosed a dividend, which will be paid on Wednesday, September 20th. Investors of record on Thursday, August 3rd will be given a dividend of $0.10 per share. This represents a yield of 1.02%. The ex-dividend date of this dividend is Thursday, August 3rd.
HSBA has been the subject of several analyst reports. Investec cut shares of HSBC Holdings plc to a “sell” rating and set a GBX 640 ($8.31) price target for the company. in a report on Monday, June 12th. Credit Suisse Group reissued a “neutral” rating and set a GBX 600 ($7.79) price target on shares of HSBC Holdings plc in a report on Friday, April 21st. Goldman Sachs Group, Inc. (The) set a GBX 740 ($9.61) target price on shares of HSBC Holdings plc and gave the company a “neutral” rating in a report on Friday, June 16th. Morgan Stanley set a GBX 850 ($11.03) target price on shares of HSBC Holdings plc and gave the company a “buy” rating in a report on Monday, July 17th. Finally, Deutsche Bank AG increased their target price on shares of HSBC Holdings plc from GBX 640 ($8.31) to GBX 695 ($9.02) and gave the company a “hold” rating in a report on Tuesday, July 18th. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 680.15 ($8.83).
HSBC Holdings plc Company 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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