HSBC Holdings PLC (LON:HSBA) “Buy” Rating Reiterated at Citigroup; Wellington Shields Capital Management Has Trimmed Pfizer (PFE) Holding

February 12, 2018 - By Michael Collier

Wellington Shields Capital Management Llc decreased Pfizer Inc (PFE) stake by 19.04% reported in 2017Q3 SEC filing. Wellington Shields Capital Management Llc sold 26,314 shares as Pfizer Inc (PFE)’s stock declined 3.45%. The Wellington Shields Capital Management Llc holds 111,878 shares with $3.99M value, down from 138,192 last quarter. Pfizer Inc now has $203.62B valuation. The stock increased 1.58% or $0.53 during the last trading session, reaching $34.16. About 47.30 million shares traded or 131.91% up from the average. Pfizer Inc. (NYSE:PFE) has declined 2.76% since February 12, 2017 and is downtrending. It has underperformed by 19.46% the S&P500.

Citigroup restate their “Buy” rating on shares of HSBC Holdings PLC (LON:HSBA) in a research note shared with investors on Monday, 12 February.

HSBC Holdings plc provides banking and financial services and products in the United Kingdom and internationally. The company has market cap of 146.66 billion GBP. It operates through Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking businesses. It has a 26.42 P/E ratio. The companyÂ’s Retail Banking and Wealth Management business offers a range of personal banking services and products, including current and savings accounts, mortgages and personal loans, credit cards, debit cards, and local and international payment services; and insurance and investment products, asset management services, and financial planning services.

The stock increased 0.37% or GBX 2.7 during the last trading session, reaching GBX 734.5. About 3.24M shares traded. HSBC Holdings plc (LON:HSBA) has 0.00% since February 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 28 analysts covering HSBC Holdings PLC (LON:HSBA), 9 have Buy rating, 6 Sell and 13 Hold. Therefore 32% are positive. HSBC Holdings PLC has GBX 920 highest and GBX 6.5 lowest target. GBX 628.19’s average target is -14.47% below currents GBX 734.5 stock price. HSBC Holdings PLC had 303 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Hold” rating by Deutsche Bank given on Friday, June 24. The company was maintained on Wednesday, February 24 by Bankhaus Lampe. Goldman Sachs maintained it with “Neutral” rating and GBX 750 target in Tuesday, February 21 report. On Tuesday, November 3 the stock rating was maintained by Natixis with “Neutral”. The stock has “Neutral” rating by Goldman Sachs on Wednesday, July 26. The stock has “Equal-Weight” rating by Barclays Capital on Wednesday, February 17. The firm earned “Sell” rating on Monday, March 13 by Shore Capital. The stock of HSBC Holdings plc (LON:HSBA) earned “Equal Weight” rating by Barclays Capital on Tuesday, February 23. Shore Capital maintained the stock with “Sell” rating in Thursday, May 4 report. As per Tuesday, November 1, the company rating was maintained by Deutsche Bank.

Wellington Shields Capital Management Llc increased Microsoft Corporation (NASDAQ:MSFT) stake by 13,276 shares to 150,261 valued at $11.19 million in 2017Q3. It also upped Rpm International Inc. (NYSE:RPM) stake by 21,550 shares and now owns 33,750 shares. Facebook Inc (NASDAQ:FB) was raised too.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.02, from 0.94 in 2017Q2. It is positive, as 53 investors sold PFE shares while 700 reduced holdings. 106 funds opened positions while 620 raised stakes. 4.06 billion shares or 0.86% more from 4.02 billion shares in 2017Q2 were reported. Burns J W & Co Ny owns 0.85% invested in Pfizer Inc. (NYSE:PFE) for 88,883 shares. Fil Ltd reported 1.59% of its portfolio in Pfizer Inc. (NYSE:PFE). Rench Wealth Mngmt has invested 1.87% in Pfizer Inc. (NYSE:PFE). Fort Point Cap Ptnrs Limited Liability Corp reported 0.11% stake. Puzo Michael J invested in 0.22% or 11,750 shares. Obermeyer Wood Investment Counsel Lllp owns 9,827 shares or 0.03% of their US portfolio. First Commercial Bank Of Omaha invested 0.63% in Pfizer Inc. (NYSE:PFE). Northstar Gp Incorporated reported 9,551 shares or 0.2% of all its holdings. Fragasso Grp reported 0.55% stake. Shoker Investment Counsel Inc holds 1.04% or 38,478 shares in its portfolio. Macguire Cheswick Tuttle Invest Counsel Ltd Limited Liability Company reported 7,098 shares. Biltmore Wealth Limited Liability Company holds 19,807 shares. Spc Fincl Incorporated accumulated 8,605 shares. Jarislowsky Fraser Ltd accumulated 0.45% or 2.12M shares. Cannell Peter B And holds 0.39% of its portfolio in Pfizer Inc. (NYSE:PFE) for 316,893 shares.

Among 22 analysts covering Pfizer (NYSE:PFE), 10 have Buy rating, 1 Sell and 11 Hold. Therefore 45% are positive. Pfizer had 74 analyst reports since July 29, 2015 according to SRatingsIntel. Societe Generale initiated the shares of PFE in report on Wednesday, April 6 with “Hold” rating. The firm has “Buy” rating by BMO Capital Markets given on Tuesday, September 5. Piper Jaffray maintained the shares of PFE in report on Tuesday, October 31 with “Buy” rating. The firm has “Hold” rating given on Wednesday, November 2 by Argus Research. The firm has “Overweight” rating given on Saturday, September 5 by Piper Jaffray. As per Monday, August 14, the company rating was maintained by Cowen & Co. The rating was maintained by Jefferies with “Buy” on Thursday, July 14. Leerink Swann maintained the stock with “Market Perform” rating in Wednesday, January 31 report. On Tuesday, September 13 the stock rating was maintained by Jefferies with “Buy”. The firm has “Buy” rating by Piper Jaffray given on Friday, August 14.

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