Insider Trading at HSBC Holdings plc?

BTC Capital Management Inc. decreased its position in HSBC Holdings PLC (NYSE:HSBC) by 22.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC.

HSBA has been the subject of a number of other research reports. Its stake was worth $642,628,000 an increase of $25,147,000 as of quarter end. Deutsche Bank AG cut their target price on HSBC Holdings plc from GBX 737 ($9.69) to GBX 700 ($9.21) and set a "hold" rating on the stock in a research report on Tuesday, October 31st. Over the last 90 days, insiders have acquired 99 shares of company stock valued at $72,090. The total value of its holdings increased 5.2%. Ubs Asset Management Americas Inc now controls 132 shares worth $6,522,000.

Shares of HSBC Holdings PLC (NYSE:HSBC) traded down $0.03 during mid-day trading on Tuesday, hitting $48.23. 276,077 shares of the stock traded hands, compared to its average volume of 1,665,963. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.94 and a current ratio of 0.94. HSBC Holdings PLC has a 12 month low of $38.95 and a 12 month high of $50.86. HSBC Holdings Plc's P/E ratio is 35.17 and the market cap of the company is 193.82B.

Several equities research analysts have commented on HSBC shares.

Dimensional Fund Advisors Lp sold 304,629 shares in quarter ending 09/30/2017 decreasing its stake in HSBC Holdings Plc (HSBC) by 2.3%. (The) set a GBX 845 ($11.11) price objective on HSBC Holdings plc and gave the stock a neutral rating in a research report on Monday, October 9th.

On September 4 analysts at Jefferies Group LLC updated coverage of HSBC setting a rating of "Buy". They set a buy rating and a GBX 920 ($12.10) target price on the stock. HSBC Holdings plc has a consensus rating of "Hold" and an average price target of GBX 723.72 ($9.52).

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HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through approximately four businesses, such as 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.