Hsbc Hldgs Plc (HSBC) Share Price Declined While Northwestern Mutual Wealth Management Company Decreased by $4.01 Million Its Holding; As Meta Finl Group (CASH) Stock Declined, Second Curve Capital Has Raised by $9.00 Million Its Position

January 13, 2018 - By Marie Mckinney

Northwestern Mutual Wealth Management Company decreased its stake in Hsbc Hldgs Plc (HSBC) by 92.55% based on its latest 2017Q3 regulatory filing with the SEC. Northwestern Mutual Wealth Management Company sold 81,744 shares as the company’s stock declined 1.28% while stock markets rallied. The institutional investor held 6,579 shares of the savings institutions company at the end of 2017Q3, valued at $325,000, down from 88,323 at the end of the previous reported quarter. Northwestern Mutual Wealth Management Company who had been investing in Hsbc Hldgs Plc for a number of months, seems to be less bullish one the $208.29 billion market cap company. The stock increased 0.98% or $0.53 during the last trading session, reaching $54.83. About 2.12 million shares traded or 40.16% up from the average. HSBC Holdings plc (NYSE:HSBC) has risen 38.28% since January 13, 2017 and is uptrending. It has outperformed by 21.58% the S&P500.

Tom Brown increased its stake in Meta Finl Group Inc (CASH) by 37.38% based on its latest 2017Q3 regulatory filing with the SEC. Second Curve Capital Llc bought 115,400 shares as the company’s stock declined 3.57% while stock markets rallied. The hedge fund run by Tom Brown held 424,132 shares of the finance company at the end of 2017Q3, valued at $33.25 million, up from 308,732 at the end of the previous reported quarter. Second Curve Capital Llc who had been investing in Meta Finl Group Inc for a number of months, seems to be bullish on the $1.00 billion market cap company. The ETF decreased 0.10% or $0.1 during the last trading session, reaching $103.75. About 67,244 shares traded. ETFS-E Fund MSCI China A GO ETF (NASDAQ:CASH) has risen 72.00% since January 13, 2017 and is uptrending. It has outperformed by 55.30% the S&P500.

Among 4 analysts covering Meta Financial Group (NASDAQ:CASH), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Meta Financial Group had 14 analyst reports since October 13, 2015 according to SRatingsIntel. The company was initiated on Tuesday, January 10 by FBR Capital. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Tuesday, October 10. The rating was upgraded by FBR Capital to “Buy” on Tuesday, October 31. The stock has “Buy” rating by FBR Capital on Thursday, June 1. The firm earned “Buy” rating on Wednesday, January 10 by FBR Capital. Keefe Bruyette & Woods maintained it with “Buy” rating and $98.0 target in Thursday, December 21 report. The firm has “Hold” rating given on Friday, July 28 by FBR Capital. The company was maintained on Wednesday, January 10 by Keefe Bruyette & Woods. On Monday, June 26 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. On Thursday, April 7 the stock rating was initiated by Wood with “Outperform”.

Investors sentiment decreased to 1.12 in 2017 Q3. Its down 0.38, from 1.5 in 2017Q2. It worsened, as 26 investors sold CASH shares while 42 reduced holdings. 31 funds opened positions while 45 raised stakes. 6.87 million shares or 5.51% more from 6.51 million shares in 2017Q2 were reported. Buckhead Mgmt Limited Liability accumulated 4,850 shares or 0.08% of the stock. Css Ltd Limited Liability Company Il owns 4,309 shares. Tower Lc (Trc) invested in 0.01% or 1,813 shares. State Of Tennessee Treasury Department has invested 0% in ETFS-E Fund MSCI China A GO ETF (NASDAQ:CASH). Engines Advisors Ltd Liability Corporation holds 17 shares. Strs Ohio reported 0% in ETFS-E Fund MSCI China A GO ETF (NASDAQ:CASH). Ejf Ltd Liability reported 50,000 shares. Boston Ltd Limited Liability Company reported 49,847 shares. Thrivent For Lutherans accumulated 0.03% or 95,760 shares. Polar Limited Liability Partnership, a United Kingdom-based fund reported 55,424 shares. Hennessy owns 43,000 shares or 0.1% of their US portfolio. Howe And Rusling holds 0% of its portfolio in ETFS-E Fund MSCI China A GO ETF (NASDAQ:CASH) for 25 shares. Moreover, Panagora Asset Inc has 0% invested in ETFS-E Fund MSCI China A GO ETF (NASDAQ:CASH). Credit Suisse Ag holds 0% or 11,020 shares in its portfolio. Malaga Cove Capital Ltd Com holds 0.06% or 1,400 shares in its portfolio.

Second Curve Capital Llc, which manages about $545.33 million and $249.42 million US Long portfolio, decreased its stake in Capital One Financial Corp (NYSE:COF) by 78,701 shares to 82,350 shares, valued at $6.97M in 2017Q3, according to the filing. It also reduced its holding in Bancorp Inc Del (NASDAQ:TBBK) by 257,000 shares in the quarter, leaving it with 3.34M shares, and cut its stake in Qcr Holdings Inc (NASDAQ:QCRH).

Since August 8, 2017, it had 0 insider purchases, and 1 insider sale for $365,349 activity.

Among 11 analysts covering HSBC Holdings (NYSE:HSBC), 3 have Buy rating, 2 Sell and 6 Hold. Therefore 27% are positive. HSBC Holdings had 19 analyst reports since September 30, 2015 according to SRatingsIntel. The company was downgraded on Monday, April 25 by CLSA. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, December 6. The rating was downgraded by BNP Paribas to “Underperform” on Tuesday, March 29. The firm has “Outperform” rating by BNP Paribas given on Thursday, January 19. Bank of America upgraded the stock to “Buy” rating in Thursday, August 4 report. BNP Paribas upgraded HSBC Holdings plc (NYSE:HSBC) on Monday, June 27 to “Neutral” rating. The stock of HSBC Holdings plc (NYSE:HSBC) earned “Neutral” rating by JP Morgan on Monday, June 27. The stock of HSBC Holdings plc (NYSE:HSBC) earned “Market Perform” rating by Bernstein on Monday, November 21. The rating was downgraded by Citigroup to “Neutral” on Tuesday, September 13. UBS downgraded HSBC Holdings plc (NYSE:HSBC) on Wednesday, September 14 to “Neutral” rating.

Northwestern Mutual Wealth Management Company, which manages about $13.98B US Long portfolio, upped its stake in Vanguard Tax Managed Intl Fd (VEA) by 681,399 shares to 20.46M shares, valued at $888.16 million in 2017Q3, according to the filing. It also increased its holding in Pimco Etf Tr (MINT) by 6,887 shares in the quarter, for a total of 15,534 shares, and has risen its stake in Schwab Strategic Tr (SCHX).

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