New Republic Capital LLC Invests $241,000 in HSBC Holdings plc (NYSE:HSBC)

New Republic Capital LLC acquired a new stake in shares of HSBC Holdings plc (NYSE:HSBC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,864 shares of the financial services provider’s stock, valued at approximately $241,000.

A number of other large investors also recently bought and sold shares of HSBC. Berbice Capital Management LLC bought a new stake in shares of HSBC during the 4th quarter valued at about $25,000. Larson Financial Group LLC boosted its stake in HSBC by 138.5% in the third quarter. Larson Financial Group LLC now owns 775 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 450 shares during the period. Brooklyn Investment Group bought a new position in shares of HSBC during the fourth quarter valued at approximately $49,000. Allworth Financial LP lifted its holdings in shares of HSBC by 40.9% in the 3rd quarter. Allworth Financial LP now owns 1,367 shares of the financial services provider’s stock worth $62,000 after purchasing an additional 397 shares during the last quarter. Finally, Versant Capital Management Inc boosted its position in HSBC by 116.2% during the 4th quarter. Versant Capital Management Inc now owns 1,498 shares of the financial services provider’s stock valued at $74,000 after purchasing an additional 805 shares during the period. Institutional investors own 1.48% of the company’s stock.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft lowered HSBC from a “buy” rating to a “hold” rating in a research report on Monday, February 3rd.

HSBC Trading Up 1.5 %

HSBC stock opened at $53.87 on Tuesday. HSBC Holdings plc has a 52-week low of $36.93 and a 52-week high of $54.23. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $192.95 billion, a price-to-earnings ratio of 8.90, a PEG ratio of 1.41 and a beta of 0.54. The firm has a 50-day moving average price of $49.74 and a two-hundred day moving average price of $46.25.

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.