HDFC Bank Limited (NYSE:HDB) Shares Bought by Whittier Trust Co.

Whittier Trust Co. grew its stake in shares of HDFC Bank Limited (NYSE:HDBFree Report) by 10.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,305 shares of the bank’s stock after purchasing an additional 1,107 shares during the quarter. Whittier Trust Co.’s holdings in HDFC Bank were worth $759,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Cetera Investment Advisers increased its holdings in shares of HDFC Bank by 3.1% in the 2nd quarter. Cetera Investment Advisers now owns 5,908 shares of the bank’s stock valued at $412,000 after acquiring an additional 179 shares during the period. 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 period. Foster Victor Wealth Advisors LLC increased its holdings in shares of HDFC Bank by 5.9% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 4,031 shares of the bank’s stock valued at $239,000 after acquiring an additional 223 shares during the period. KB Financial Partners LLC increased its holdings in shares of HDFC Bank by 7.6% in the 1st quarter. KB Financial Partners LLC now owns 3,290 shares of the bank’s stock valued at $202,000 after acquiring an additional 232 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in shares of HDFC Bank by 3.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 6,556 shares of the bank’s stock valued at $387,000 after acquiring an additional 245 shares during the period. Institutional investors and hedge funds own 17.24% of the company’s stock.

HDFC Bank Stock Performance

Shares of HDFC Bank stock opened at $54.39 on Friday. The firm’s fifty day simple moving average is $55.33 and its 200-day simple moving average is $59.23. The stock has a market capitalization of $101.16 billion, a price-to-earnings ratio of 16.79, a PEG ratio of 1.43 and a beta of 0.87. HDFC Bank Limited has a 12 month low of $52.16 and a 12 month high of $71.39. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.52 and a quick ratio of 0.52.

HDFC Bank (NYSE:HDBGet Free Report) last announced its earnings results on Tuesday, January 16th. The bank reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.11. HDFC Bank had a net margin of 17.34% and a return on equity of 15.98%. The business had revenue of $8.62 billion for the quarter, compared to analysts’ expectations of $5.67 billion. As a group, equities analysts forecast that HDFC Bank Limited will post 2.72 earnings per share for the current year.

HDFC Bank Company Profile

(Free Report)

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.

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

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