B. Metzler seel. Sohn & Co. AG Sells 124,753 Shares of HDFC Bank Limited $HDB

B. Metzler seel. Sohn & Co. AG trimmed its holdings in HDFC Bank Limited (NYSE:HDB - Free Report) by 23.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 402,195 shares of the bank's stock after selling 124,753 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in HDFC Bank were worth $10,389,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Larson Financial Group LLC lifted its holdings in HDFC Bank by 90.4% during the 3rd quarter. Larson Financial Group LLC now owns 849 shares of the bank's stock worth $29,000 after purchasing an additional 403 shares in the last quarter. Axiom Investment Management LLC purchased a new position in HDFC Bank during the 1st quarter valued at about $32,000. Bell Investment Advisors Inc grew its holdings in HDFC Bank by 260.9% during the 1st quarter. Bell Investment Advisors Inc now owns 1,386 shares of the bank's stock valued at $34,000 after buying an additional 1,002 shares in the last quarter. Pin Oak Investment Advisors Inc. increased its position in shares of HDFC Bank by 100.0% during the third quarter. Pin Oak Investment Advisors Inc. now owns 996 shares of the bank's stock valued at $34,000 after buying an additional 498 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of HDFC Bank during the third quarter valued at about $43,000. Institutional investors own 17.61% of the company's stock.

Wall Street Analyst Weigh In

HDB has been the topic of several recent analyst reports. 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. Wall Street Zen lowered shares of HDFC Bank from a "hold" rating to a "sell" rating in a research report on Saturday, July 18th. Zacks Research raised shares of HDFC Bank from a "strong sell" rating to a "hold" rating in a report on Friday, July 17th. HSBC downgraded HDFC Bank from a "buy" rating to a "hold" rating in a research report on Monday. Finally, The Goldman Sachs Group began coverage on HDFC Bank in a research report on Friday, August 21st. They set a "buy" rating for the company. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, HDFC Bank currently has an average rating of "Hold".

HDFC Bank News Roundup

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

• Negative Sentiment: Several law firms, including Rosen, Hagens Berman, Faruqi & Faruqi, Bronstein, Kaplan Fox, and others, urged investors to participate in or seek leadership roles in a securities class action covering purchases from July 17, 2023, through May 26, 2026. The lead-plaintiff deadline is generally October 13, 2026, although some notices cite October 12 or October 17. The allegations are not proven. Rosen class action notice
• Negative Sentiment: The central allegations reportedly involve HDFC Bank’s disclosures about internal control over financial reporting and approximately Rs 45 crore (about $4.7 million) in alleged deposit inducements routed through the marketing budget in possible violation of Reserve Bank of India norms. Plaintiffs claim investors were harmed after an approximately 4% share-price decline. Levi & Korsinsky shareholder alert
• Negative Sentiment: HSBC lowered its rating on HDFC Bank, adding analyst caution to the litigation-related concerns. The supplied report does not specify the revised rating or price target. HSBC rating report
• Neutral Sentiment: Recent coverage also focuses on CEO Sashidhar Jagdishan’s departure and succession, with investors assessing the implications for post-merger strategy and financial performance. HDFC Bank CEO succession report
• Neutral Sentiment: HDFC Bank disclosed an unsolicited ESG rating to the NYSE. The announcement provides additional disclosure but, based on the information supplied, does not indicate a material change to earnings or operations. HDFC Bank ESG rating disclosure

HDFC Bank Stock Performance

NYSE HDB opened at $23.16 on Thursday. HDFC Bank Limited has a 52-week low of $22.30 and a 52-week high of $37.45. The company has a fifty day moving average of $24.35 and a 200-day moving average of $25.76. The company has a market capitalization of $118.86 billion, a P/E ratio of 13.63, a P/E/G ratio of 1.28 and a beta of 0.63.

HDFC Bank (NYSE:HDB - Get Free Report) last released its earnings results on Saturday, July 18th. The bank reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.02. HDFC Bank had a return on equity of 11.84% and a net margin of 15.96%.The business had revenue of $9.01 billion for the quarter, compared to analysts' expectations of $5 billion. As a group, analysts forecast that HDFC Bank Limited will post 1.36 EPS for the current fiscal year.

HDFC Bank Company Profile

HDFC Bank Limited is one of India's leading private sector banks, headquartered in Mumbai. Incorporated in 1994 and promoted by Housing Development Finance Corporation (HDFC), the bank provides a full range of banking and financial services to retail, small and medium-sized enterprises, and corporate customers. It is publicly listed and also accessible to international investors through American Depositary Receipts (ADRs) trading on the New York Stock Exchange under the symbol HDB.

The bank's core activities include retail banking (deposit accounts, personal loans, home loans, auto loans, and credit cards), commercial and corporate banking (working capital finance, term lending, trade finance and treasury services), and transaction banking (cash management and payment solutions).

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