HSBC Posts Quarterly EPS Beat and Announces Dividend; Analysts Maintain Hold
Weiss Ratings reiterated a hold (c) rating on HSBC shares. HSBC reported quarterly EPS of $2.25, edging past the $2.24 consensus, and recently declared a quarterly dividend payable Sept. 25. Institutional investors, including Morgan Stanley and Clearbridge Investments, also reported share purchases and position changes.