HDFC Bank Limited (NYSE:HDB) Shares Sold by Aubrey Capital Management Ltd

Aubrey Capital Management Ltd cut its stake in HDFC Bank Limited (NYSE:HDB) by 22.2% in the fourth quarter, HoldingsChannel reports. The firm owned 14,024 shares of the bank’s stock after selling 4,000 shares during the quarter. Aubrey Capital Management Ltd’s holdings in HDFC Bank were worth $941,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HDB. Skandinaviska Enskilda Banken AB publ purchased a new position in HDFC Bank in the third quarter valued at $27,000. NBC Securities Inc. purchased a new stake in HDFC Bank during the 3rd quarter worth about $29,000. GAMMA Investing LLC acquired a new position in shares of HDFC Bank during the 4th quarter worth about $33,000. FinTrust Capital Advisors LLC increased its holdings in shares of HDFC Bank by 36.4% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 693 shares of the bank’s stock valued at $41,000 after acquiring an additional 185 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its position in shares of HDFC Bank by 89.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 615 shares of the bank’s stock worth $41,000 after acquiring an additional 291 shares in the last quarter. 17.61% of the stock is currently owned by hedge funds and other institutional investors.

HDFC Bank Stock Performance

HDB traded up $0.01 on Friday, reaching $58.34. The company had a trading volume of 1,434,939 shares, compared to its average volume of 2,953,923. The stock has a 50-day moving average price of $56.19 and a 200-day moving average price of $58.57. The stock has a market capitalization of $108.51 billion, a PE ratio of 17.90, a P/E/G ratio of 1.09 and a beta of 0.87. HDFC Bank Limited has a 1 year low of $52.16 and a 1 year high of $71.39. The company has a quick ratio of 0.52, a current ratio of 0.40 and a debt-to-equity ratio of 1.78.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of HDFC Bank from a “hold” rating to a “sell” rating in a research note on Monday, April 22nd.

HDFC Bank Profile

HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in three segments: Wholesale Banking, Retail Banking, and Treasury Services. It accepts savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, and overdrafts against fixed deposits.