HSBC Holdings plc (HSBA) Insider Sells £1,011,206.76 in Stock
HSBC Holdings plc (LON:HSBA) insider Stuart Thomson Gulliver sold 138,143 shares of the stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of GBX 732 ($9.45), for a total transaction of £1,011,206.76 ($1,305,962.50).
Shares of HSBC Holdings plc (LON HSBA) traded down 1.78% on Friday, hitting GBX 708.00. 49,935,151 shares of the stock traded hands. HSBC Holdings plc has a 52 week low of GBX 518.17 and a 52 week high of GBX 772.00. The firm’s market capitalization is GBX 143.51 billion. The firm’s 50 day moving average is GBX 745.58 and its 200 day moving average is GBX 694.35.
The firm also recently disclosed a dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Thursday, August 3rd will be given a $0.10 dividend. This represents a dividend yield of 1.02%. The ex-dividend date of this dividend is Thursday, August 3rd.
Several research firms recently commented on HSBA. J P Morgan Chase & Co set a GBX 690 ($8.91) target price on shares of HSBC Holdings plc and gave the company a “neutral” rating in a research note on Thursday, August 10th. Citigroup Inc. set a GBX 850 ($10.98) price target on shares of HSBC Holdings plc and gave the company a “buy” rating in a research report on Friday, August 4th. Barclays PLC upped their price target on shares of HSBC Holdings plc from GBX 650 ($8.39) to GBX 700 ($9.04) and gave the company an “equal weight” rating in a research report on Tuesday, August 1st. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a GBX 770 ($9.94) price target on shares of HSBC Holdings plc in a research report on Tuesday, August 1st. Finally, Deutsche Bank AG upped their price target on shares of HSBC Holdings plc from GBX 695 ($8.98) to GBX 737 ($9.52) and gave the company a “hold” rating in a research report on Tuesday, August 1st. Three analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have assigned a buy rating to the company. HSBC Holdings plc has an average rating of “Hold” and an average price target of GBX 702.90 ($9.08).
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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