HSBC Holdings PLC (HSBC) Downgraded by BidaskClub

HSBC Holdings, plc. now has a P/E ratio of 98.96 and market capitalization is 196.57B. Profund Advisors LLC cut its stake by shedding 10,384 shares a decrease of 21.3%. Its investment was worth $129,448,000 an increase of 13.4% as of quarter end. SOL Capital Management CO now owns 7,393 shares of the financial services provider's stock worth $343,000 after buying an additional 46 shares in the last quarter.

Several hedge funds and other institutional investors have recently bought and sold shares of HSBC. Huntington National Bank now owns 2,722 shares of the transportation company's stock valued at $226,000 after buying an additional 111 shares in the last quarter. Greenleaf Trust boosted its position in HSBC Holdings PLC by 26.8% in the second quarter. Harding Loevner LP now owns 2,042,223 shares of the financial services provider's stock valued at $83,364,000 after buying an additional 177,452 shares during the last quarter. SOL Capital Management CO boosted its stake in shares of HSBC Holdings PLC by 0.6% in the second quarter. Parametric Portfolio Associates LLC now owns 1,850,523 shares of the financial services provider's stock valued at $75,538,000 after buying an additional 334,869 shares during the last quarter.

HSBC Holdings plc (LON HSBA) opened at 736.80 on Monday. 1,243,221 shares of the company were exchanged. The company has a 50-day moving average price of $47.98 and a 200 day moving average price of $43.59. Ryanair Holdings PLC now has an average rating of "Buy" and a consensus price target of $100.33.

Wall St set to open flat after inflation data, N.Korea tensions
The data comes amid tepid inflation that has remained below the Federal Reserve's 2 percent target, despite low unemployment. Wilmar International slipped 6.4 per cent or 22 cents to $3.20; Hongkong Land lost 2.1 per cent or 16 USA cents to US$7.34.

HSBC Holdings PLC (NYSE:HSBC) last announced its quarterly earnings data on Monday, July 31st. The transportation company reported $1.78 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.48 by $0.30. (The) cut their target price on HSBC Holdings plc from GBX 740 ($9.64) to GBX 725 ($9.44) and set a "neutral" rating for the company in a research note on Thursday, April 27th. The value in dollars decreased from $540,000 to $466,000 decreasing 13.7% quarter to quarter. On average, equities research analysts forecast that Ryanair Holdings PLC will post $7.58 EPS for the current fiscal year.

The firm also recently disclosed a dividend, which will be paid on Wednesday, September 20th. This dividend represents a yield of $4.02. The ex-dividend date will be on Wednesday August 2nd, 2017. The dividend payment will be $0.500 per share for the quarter which comes to $2.00 on an annualized basis.

08/31/2016 - HSBC Holdings plc had its "buy" rating reiterated by analysts at Citigroup.

Conte desperate to improve Chelsea squad
The Premier League champions have signed four players this summer but have sold several squad players from last season's title win.

COPYRIGHT VIOLATION NOTICE: This piece of content was first posted by Community Financial News and is owned by of Community Financial News. If you are reading this story on another publication, it was illegally stolen and reposted in violation of worldwide copyright and trademark law. HSBC's total short interest was 4.12 million shares in August as published by FINRA. Berenberg Bank reaffirmed a "sell" rating and issued a GBX 200 ($2.60) price objective on shares of Barclays PLC in a research note on Monday.

On December 5, 2016 the stock rating was changed to a "Equal-Weight" according to a Morgan Stanley report up from the previous "Underweight" rating. BNP Paribas reiterated an outperform rating and issued a GBX 715 ($9.31) target price on shares of HSBC Holdings plc in a research report on Wednesday, July 19th. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. The stock presently has a consensus rating of "Hold" and an average price target of $36.67. The Firm manages its services and products through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB).

CNN's Zakaria: Trump North Korea Threats 'The Art of the Bluff'
MICHELE KELEMEN, BYLINE: Morale at the State Department was already in the dumps before this comment from President Trump. Seventy-seven percent of Americans believe North Korea is capable of launching a missile that could hit the mainland.

Related news:

Hot News

isis-killer-beheading-video-story-top Markets extend losses as Korea tensions escalate
Aug 12, 2017 - 21:56
Japan is the world's biggest creditor country and there is an assumption that investors there will repatriate funds in a crisis. The dollar index.DXY, which tracks the greenback against six rival currencies, was down 0.17 percent to 93.391.

isis-killer-beheading-video-story-top Gold up for fourth straight session on North Korea tensions
Aug 12, 2017 - 21:51
The dollar held steady at 110.02 yen, having pulled up from Wednesday's low of 109.56 yen, its lowest level since June 15. Geopolitical tension persisted after a North Korean army commander said "sound dialogue is not possible" with U.S.

isis-killer-beheading-video-story-top Keith Ellison Says Kim Jong Un 'Acting More Responsible' Than Trump
Aug 12, 2017 - 21:50
When you hear words come out of his mouth, it seems like they could come out of the mouth of Kim Jong-un. He continued, "The time for cranking up the antiwar machine is right now.

isis-killer-beheading-video-story-top Buccaneers cut ties with kicker Roberto Aguayo
Aug 12, 2017 - 21:42
I hit it good. "When you get bored doing something, 'well there's more I can do". "I keep saying it and I can't say it anymore". The placekicker actually got the game started with an opening-drive chip-shot field goal from 20 yards out.

isis-killer-beheading-video-story-top Dota 2-Playing Robot Beats the Pros at The International
Aug 12, 2017 - 21:21
The next step for OpenAI is to build a team of Dota bots that can both compete, and partner with, human players. Sumail, also a TechJuice 25 under 25 , is one of the Time Magazine's top 30 influential teenagers.

isis-killer-beheading-video-story-top Trump tells Guam Governor 'you are safe'
Aug 12, 2017 - 20:55
But Guam's governor said Thursday he supported Trump's stern warning to North Korea, saying "I want a president that says that". On Aug. 11, he said that military solutions are "locked and loaded" should North Korea continue its threats.

isis-killer-beheading-video-story-top Salma Hayek, 50, Shows Off Her Incredible Bikini Body in Outdoor Shower
Aug 12, 2017 - 20:53
Jamas se debe cocinar y cargar a un bebé", a Spanish-speaking user added, which translated into English means "How risky ". If I cook, you'll have a structure fire. "Lord help us all".

isis-killer-beheading-video-story-top PCB recalls players from England and West Indies
Aug 12, 2017 - 20:43
Players either in Caribbean Premier League (CPL) or English country have been recalled to fulfill their domestic commitments. The tournament will feature eight teams, with four - Pakistan, India, Bangladesh and Sri Lanka - qualifying automatically.

isis-killer-beheading-video-story-top Soldier, civilian killed in ceasefire violation across LoC by Pakistani troops
Aug 12, 2017 - 20:41
However, in the exchange of fire, Naib Subedar Jagram Singh Tomar was grievously injured and later succumbed to his injuries. One woman was killed in Pakistan shelling along the Line of Control in Jammu and Kashmir's Medhar sector early on Saturday.

isis-killer-beheading-video-story-top New faces on the Premier League merry-go-round
Aug 12, 2017 - 20:11
Jose Mourinho admits Manchester United could still sign one more player, but he will not be "crying" if they do not. Eyeing the Welsh winger for a long time, the United boss has chose to step up his efforts to make this deal happen.

isis-killer-beheading-video-story-top Jamie Carragher sends message to Gary Neville after Liverpool draw at Watford
Aug 12, 2017 - 20:09
What are they looking at? "It's not rocket science how Liverpool concede goals: set-pieces and counter-attacks". Jurgen Klopp's side went into half-time trailing 2-1 at Vicarage Road, after conceding two sloppy goals.

isis-killer-beheading-video-story-top Solar Eclipse of the sun August 21st
Aug 12, 2017 - 20:08
And so that Saros, that notion of that periodicity, that long-range periodicity, has been known since ancient times. Scientists and amateur astronomers have been using NASA data to plan their eclipse trips for years.

isis-killer-beheading-video-story-top Stoke City Premier League - 12 August 2017
Aug 12, 2017 - 19:52
For Stoke, Hughes must do without Stephen Ireland (broken leg) and Ibrahim Afellay (knee) for the trip to Goodison Park. Romelu Lukaku can open his Manchester United account by scoring first against West Ham tomorrow at odds of 5-2.

isis-killer-beheading-video-story-top China cautions Trump over North Korea 'words and deeds'
Aug 12, 2017 - 19:40
Australia, a long-time United States ally, has stated that it will invoke a mutual defense if the USA is attacked by North Korea. Hours later, state media in North Korea reported that its leaders were seriously considering a plan to fire missiles at Guam.

isis-killer-beheading-video-story-top To air 'Jersey Shore' reunion special August 20
Aug 12, 2017 - 19:38
The first official teaser for the brand new series Road Trip Reunion has finally been revealed. Their docu-series initially ran on MTV 2009-12.