Naviter Wealth LLC Has $5.68 Million Position in HSBC Holdings plc $HSBC
Naviter Wealth LLC reduced its stake in HSBC Holdings plc by 16.7% in the fourth quarter, holding 72,202 shares valued at $5.68 million, which constitutes 0.7% of its portfolio. Despite this reduction, HSBC recently increased its quarterly dividend, offering an annualized yield of approximately 10.6%. The company has a "Moderate Buy" consensus rating from analysts, though its stock price near $85.07 is higher than the average target of $63.00.
https://www.marketbeat.com/instant-alerts/filing-naviter-wealth-llc-has-568-million-position-in-hsbc-holdings-plc-hsbc-2026-04-08/