851,374 Shares in HDFC Bank Limited $HDB Purchased by Nykredit A S

Key Points

• Nykredit A S purchased 851,374 HDFC Bank shares worth approximately $22.0 million in the second quarter, while institutional investors collectively own 17.61% of the company.
• HDFC Bank reported quarterly EPS of $0.40, exceeding the $0.38 consensus estimate, alongside $9.01 billion in revenue, a 15.96% net margin and an 11.84% return on equity.
• The stock opened at $23.16, well below its 52-week high of $37.45. Analyst sentiment is mixed, with one Buy and three Hold ratings, while pending shareholder litigation presents additional governance and financial-reporting uncertainty.

Nykredit A S purchased a new stake in shares of HDFC Bank Limited (NYSE:HDB - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 851,374 shares of the bank's stock, valued at approximately $21,991,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of HDB. Elliott Investment Management L.P. raised its stake in HDFC Bank by 267.7% during the first quarter. Elliott Investment Management L.P. now owns 797,085 shares of the bank's stock valued at $19,831,000 after buying an additional 580,329 shares during the last quarter. KBC Group NV grew its stake in shares of HDFC Bank by 26.9% in the first quarter. KBC Group NV now owns 404,884 shares of the bank's stock worth $10,074,000 after acquiring an additional 85,882 shares during the last quarter. ABN Amro Investment Solutions increased its holdings in shares of HDFC Bank by 66.0% during the first quarter. ABN Amro Investment Solutions now owns 1,498,938 shares of the bank's stock valued at $37,294,000 after acquiring an additional 595,912 shares in the last quarter. Raiffeisen Bank International AG increased its holdings in shares of HDFC Bank by 999.2% during the second quarter. Raiffeisen Bank International AG now owns 756,000 shares of the bank's stock valued at $19,588,000 after acquiring an additional 687,223 shares in the last quarter. Finally, XY Capital Ltd raised its position in shares of HDFC Bank by 143.5% in the 2nd quarter. XY Capital Ltd now owns 517,975 shares of the bank's stock worth $13,379,000 after purchasing an additional 305,215 shares during the last quarter. Hedge funds and other institutional investors own 17.61% of the company's stock.

HDFC Bank Price Performance

Shares of NYSE:HDB opened at $23.16 on Friday. HDFC Bank Limited has a 1 year low of $21.76 and a 1 year high of $37.45. The company has a market cap of $118.86 billion, a P/E ratio of 13.63, a PEG ratio of 1.29 and a beta of 0.63. The stock's fifty day moving average price is $23.54 and its 200-day moving average price is $24.99.

HDFC Bank (NYSE:HDB - Get Free Report) last released its quarterly earnings data on Saturday, July 18th. The bank reported $0.40 EPS for the quarter, topping the consensus estimate of $0.38 by $0.02. HDFC Bank had a return on equity of 11.84% and a net margin of 15.96%.The company had revenue of $9.01 billion during the quarter, compared to the consensus estimate of $5 billion. On average, sell-side analysts anticipate that HDFC Bank Limited will post 1.36 earnings per share for the current year.

Key Headlines Impacting HDFC Bank

Here are the key news stories impacting HDFC Bank this week:

• Neutral Sentiment: Several firms, including Hagens Berman, Faruqi & Faruqi, Kaplan Fox, SBS and others, reminded investors that they may seek appointment as lead plaintiff. The reported deadlines are October 12 or October 13, 2026, depending on the notice. Hagens Berman HDFC investor deadline notice Faruqi HDFC shareholder action reminder
• Negative Sentiment: The lawsuit covers investors who acquired HDFC Bank securities, including ADSs, from July 17, 2023, through May 26, 2026. The complaints allege violations of U.S. securities laws by HDFC Bank and certain senior executives, creating potential litigation costs, reputational damage and uncertainty over any eventual damages. SBS HDFC securities fraud lawsuit notice
• Negative Sentiment: One investor alert highlights allegations that approximately $4.7 million in deposit inducements were recorded as road-safety sponsorship expenses, contrasting with the bank’s public statements about its ethics and controls. These are allegations in pending litigation, not established findings, but they may weigh on confidence in HDFC Bank’s governance and financial reporting. HDFC Bank shareholder alert and allegations

Analysts Set New Price Targets

A number of brokerages recently issued reports on HDB. The Goldman Sachs Group began coverage on shares of HDFC Bank in a research note on Friday, August 21st. They issued a "buy" rating on the stock. Wall Street Zen cut shares of HDFC Bank from a "hold" rating to a "sell" rating in a report on Saturday, July 18th. Weiss Ratings upgraded shares of HDFC Bank from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, July 20th. HSBC cut shares of HDFC Bank from a "buy" rating to a "hold" rating in a report on Monday, August 31st. Finally, Zacks Research raised shares of HDFC Bank from a "strong sell" rating to a "hold" rating in a research report on Friday, July 17th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold".

About HDFC Bank

HDFC Bank Limited is an India-based banking and financial services company headquartered in Mumbai. Established in 1994 and commencing operations in 1995, the bank serves individual consumers, small and midsize businesses, corporations, institutions and government-related organizations.

The bank provides a broad range of services, including savings and current accounts, fixed deposits, personal and home loans, vehicle and business financing, credit and debit cards, payments, remittances, wealth management and insurance distribution.

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