HDFC Bank Limited (HDB) Shares Bought by C WorldWide Group Holding A S

C WorldWide Group Holding A S raised its stake in HDFC Bank Limited (NYSE:HDB) by 0.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,491,312 shares of the bank’s stock after buying an additional 11,755 shares during the period. HDFC Bank Limited comprises about 2.0% of C WorldWide Group Holding A S’s investment portfolio, making the stock its 15th biggest position. C WorldWide Group Holding A S owned 0.17% of HDFC Bank Limited worth $143,718,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of HDB. Egerton Capital UK LLP bought a new position in shares of HDFC Bank Limited in the 2nd quarter worth $196,127,000. Harding Loevner LP increased its holdings in shares of HDFC Bank Limited by 177.5% in the 2nd quarter. Harding Loevner LP now owns 3,508,003 shares of the bank’s stock worth $305,091,000 after buying an additional 2,244,012 shares during the last quarter. BlackRock Inc. increased its holdings in shares of HDFC Bank Limited by 105.1% in the 2nd quarter. BlackRock Inc. now owns 2,103,171 shares of the bank’s stock worth $182,912,000 after buying an additional 1,077,828 shares during the last quarter. Aberdeen Asset Management PLC UK increased its holdings in shares of HDFC Bank Limited by 170.0% in the 2nd quarter. Aberdeen Asset Management PLC UK now owns 1,357,680 shares of the bank’s stock worth $118,078,000 after buying an additional 854,828 shares during the last quarter. Finally, FMR LLC increased its holdings in shares of HDFC Bank Limited by 4.1% in the 2nd quarter. FMR LLC now owns 14,824,081 shares of the bank’s stock worth $1,289,251,000 after buying an additional 589,126 shares during the last quarter. 17.81% of the stock is currently owned by hedge funds and other institutional investors.

HDB has been the subject of a number of research reports. Zacks Investment Research cut shares of HDFC Bank Limited from a “buy” rating to a “hold” rating in a research note on Wednesday, September 20th. Jefferies Group LLC raised shares of HDFC Bank Limited from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. Morgan Stanley raised shares of HDFC Bank Limited from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 25th. Finally, BidaskClub raised shares of HDFC Bank Limited from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $110.00.

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Shares of HDFC Bank Limited (NYSE HDB) traded down $0.65 during trading on Friday, hitting $94.02. 393,200 shares of the stock were exchanged, compared to its average volume of 796,008. HDFC Bank Limited has a 12 month low of $59.00 and a 12 month high of $100.26. The stock has a market cap of $80,310.19, a PE ratio of 35.35, a price-to-earnings-growth ratio of 1.07 and a beta of 0.83. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.71.

HDFC Bank Limited Company Profile

HDFC Bank Limited (the Bank) is a holding company. The Bank offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side. It also offers financial services. The Bank’s segments include Treasury, Retail banking, Wholesale banking and Other banking business.

Institutional Ownership by Quarter for HDFC Bank Limited (NYSE:HDB)

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