DekaBank Deutsche Girozentrale lifted its position in shares of HDFC Bank Limited (NYSE:HDB - Free Report) by 6.9% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 322,392 shares of the bank's stock after buying an additional 20,905 shares during the quarter. DekaBank Deutsche Girozentrale's holdings in HDFC Bank were worth $20,896,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of HDB. Graney & King LLC purchased a new stake in HDFC Bank in the 4th quarter worth $38,000. Brown Brothers Harriman & Co. lifted its stake in HDFC Bank by 63.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 617 shares of the bank's stock worth $39,000 after purchasing an additional 240 shares in the last quarter. NBC Securities Inc. purchased a new stake in HDFC Bank in the 1st quarter worth $55,000. Atlas Capital Advisors Inc. purchased a new stake in HDFC Bank in the 4th quarter worth $56,000. Finally, Pinnacle Bancorp Inc. lifted its stake in HDFC Bank by 109.7% in the 1st quarter. Pinnacle Bancorp Inc. now owns 847 shares of the bank's stock worth $56,000 after purchasing an additional 443 shares in 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 traded down $0.68 during mid-day trading on Friday, hitting $76.00. 998,720 shares of the company's stock traded hands, compared to its average volume of 2,707,226. The company's 50-day moving average is $74.69 and its two-hundred day moving average is $67.32. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.07 and a quick ratio of 0.09. The company has a market capitalization of $192.45 billion, a P/E ratio of 23.03, a PEG ratio of 1.87 and a beta of 0.64. HDFC Bank Limited has a 1 year low of $57.24 and a 1 year high of $78.14.
HDFC Bank (NYSE:HDB - Get Free Report) last issued its quarterly earnings results on Saturday, April 19th. The bank reported $0.85 EPS for the quarter, beating the consensus estimate of $0.74 by $0.11. The company had revenue of $5.04 billion for the quarter, compared to the consensus estimate of $434.68 billion. HDFC Bank had a net margin of 15.02% and a return on equity of 13.85%. On average, equities analysts anticipate that HDFC Bank Limited will post 3.03 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded shares of HDFC Bank from a "sell" rating to a "hold" rating in a research note on Wednesday, May 14th.
Read Our Latest Stock Analysis on HDB
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.
Featured Articles

Before you consider HDFC Bank, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HDFC Bank wasn't on the list.
While HDFC Bank currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.